Venture capital firm a16z Crypto has led a $7 million seed round for KYD Labs, a blockchain-based ticketing platform aimed at giving artists and venues control over ticket sales, fan…
A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023…
Mysten Labs is a Web3 infrastructure company founded in 2021 by ex-Meta employees. It specializes in blockchain technologies and aims to promote mass adoption of decentralized solutions. The company focuses…
This is a segment from The Drop newsletter. To read full editions, subscribe.Once a behemoth in the NFT world, Yuga Labs has been gradually selling off the IP it owns.…
Aurora Labs launches NEAR-centric incubator with $250,000 in fundingProjects are welcome to apply until May 28 Aurora Labs, an EVM ecosystem on NEAR, is launching Aurora Blocks, a six-week incubator…
Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May…
In brief
A newly established nonprofit, the Infinite Node Foundation, has acquired the CryptoPunks IP.
The Foundation will steward the project with three core foundations: preservation, community, and expansion.
The CryptoPunks…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.Blockchains store a ton of data, and the bloat is only growing bigger.A little over a year ago,…
$10 million in fresh capital has just landed on Sonic Labs after Galaxy snapped up its S-token, according to an announcement made at the recent Sonic Summit in Vienna from…
Movement Labs confirmed the termination of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered.Movement Labs made the announcement in a May 7 X post,…