Tag: Labs

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Paxos Labs Raises $12M to Launch Crypto Yield and Lending Platform

Paxos Labs has raised $12 million in a strategic funding round led by Blockchain Capital to expand its Amplify platform, a suite of tools...

Eliminate the Black Box: How Gradient Labs is Architecting Safe Agentic AI for Banking

The banking sector is currently navigating a paradox of immense opportunity and systemic apprehension. While the market for AI agents in financial services is...

Velora DAO Votes to Wind Down, Hand Operations to Laita Labs

The DEX aggregator's $415K treasury will be transferred to the protocol's development company, along with future revenue.Cross-chain DEX aggregator Velora has become the latest...

Yuga Labs settles Bored Ape NFT lawsuit, ending fight over alleged copycat tokens

Yuga Labs has settled its lawsuit against artist Ryder Ripps and Jeremy Cahen over their alleged copycatting of its non-fungible tokens (NFTs) from the...

Chaos Labs Leaves Aave Due to Budget, Risk Disagreements

Chaos Labs has parted ways with the Aave ecosystem after serving as the crypto lending protocol’s main risk service provider for three years, citing...

Chaos Labs Terminates Aave Engagement Citing Risk Misalignment and Inadequate Funding

The risk management provider exits after three years, marking the third departure of a core contributor in two months.Chaos Labs, the risk management firm...

Aave loses key risk manager Chaos Labs amid contributor exodus and disputes

Chaos Labs, one of Aave’s key risk managers, is leaving the DeFi lending giant's ecosystem, marking the latest in a string of high-profile contributor...

Ethereum L2s Need Responsive Pricing to Scale, Says Offchain Labs

Ethereum layer-2 networks need “responsive pricing” to scale to billions of users and reduce the fee swings that still accompany congestion, Offchain Labs co-founder...

Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

The company that built decentralized finance (DeFi) powerhouse Balancer is closing.Balancer co-founder Fernando Martinelli announced Tuesday that Balancer Labs, the corporate entity that incubated...

Balancer Labs Shuts Down, Protocol to Continue

Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in November, with...

Resolv Labs stablecoin plummets 80% as exploiter mints millions in unbacked USR tokens – DL News

Resolv Labs’ USR stablecoin plummeted after a private key exploit.The attacker minted 80 million USR tokens using less than $200,000 in collateral.Vault curators on...

Attacker exploits Resolv USR stablecoin to mint 80 million tokens, cashes out $25M: Resolv Labs

An attacker has successfully exploited the Resolv USR stablecoin protocol, minting 80 million tokens and withdrawing at least $25 million before the depeg.An attacker...