Labs – Dec LM

In Win for Polygon’s AggLayer, Magic Labs Unveils Chain Unification Network ‘Newton’

Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic...

Solana’s Crypto-Governance Hub Realms is Under New Management

The project is spinning out of Solana Labs and its new leaders want to turn a profit.

GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain

Partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.

Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol

The company will debut its first protocol on the Solana blockchain in early 2025 with more than $100 million in total value locked.

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.

Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain ‘Soneium’

The new project, "Soneium" will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism's OP Stack.

U.S. Judge Sets Stage for NFT Securities Trial as DraftKings Lawsuit Moves Forward

The class action suit from DraftKings buyers alleges that NFTs are investment contracts.

Arbitrum Foundation Says ‘Orbit’ for Layer-3 Networks Now Ready for Mainnet

Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain.