In Talks with Encrypted Labs CEO Ian Worrall
As cryptocurrency sector continues to innovate the ways we conduct trades and businesses, the world is indeed hopeful of seeing a boundless and transparent finance environment in future. The rise of Bitcoin somewhat marks the dawn of such an era. The digital currency has influenced many small to big companies to build user-friendly applications on its open-source code. Encrypted Labs Inc. is among such companies that has lately garnered attention for building interesting cryptocurrency applications, including a desktop-based wallet service equipped with an in-built trading platform. The....
Related News
Garnering interest from one of Silicon Valley's top VC’s, Bored Ape Yacht Club creator Yuga Labs, may be eyeing a $5 billion valuation. Silicon Valley tech VC Andreessen Horowitz (A16z) is reportedly eying an investment in Bored Ape Yacht Club creator Yuga Labs, with a reported valuation as high as $5 billion.Sources for the Financial Times revealed that Yuga Labs is seeking funding for a multi-million dollar piece of the company. If a deal is secured, it would mark the first institutional investment Yuga Labs has accepted as its popular nonfungible token (NFT) collection has become one of....
Attorneys for the Federal Trade Commission (FTC) and Butterfly Labs are allegedly holding talks that could lead to a possible reopening of the troubled bitcoin mining business. The conversation, while still in its early stages, may allow Butterfly Labs to exit its previously announced court-ordered shutdown, The Kansas City Star reported. Butterfly Labs was placed in temporary receivership by a US judge last week, a condition that was extended during a hearing on Monday when prosecutors made the case that both the company and its employees effectively profited at the expense of customers.....
Binance Labs is a chain-agnostic investor and incubator focused on supporting the global blockchain ecosystem and decentralized web. Their portfolio includes 1inch, Audius, Axie Infinity, Chiliz, Elrond, Injective, Matic / Polygon, Sandbox and Terra. Ken Li is an Investment Director at Binance Labs, with a focus on equity & token investments in Web3 social, gaming & crypto adoption platforms. He recently joined the Bitcoin.com News Podcast to talk about the market: Ken also helps lead the Binance incubation program. Prior to Binance, Ken led blockchain investment & incubation strategy....
Talks regarding a possible acquisition by PayPal of bitcoin custodian BitGo have fallen through, Fortune reported, citing multiple sources. Read more: PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: Bloomberg
Moonwell is an open lending and borrowing DeFi protocol on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (DotSama) ecosystem. Luke Youngblood is the co-founder of Lunar Labs, which is developing the Moonwell DeFi protocol. Luke has decades of experience working in tech, is a former Coinbase and AWS Principal Engineer, and also built Coinbase Staking Rewards. He recently joined the Bitcoin.com News Podcast to talk about the technology: Moonwell recently secured a strategic funding round for....