The Open Network (TON) has teamed up with DWF Labs and Amazon Web Services (AWS) to organize a hackathon that will focus on decentralized finance (DeFi) and data analytics. The event will provide developers with an opportunity to learn, network, and bring their ideas to life.

Bemo has announced the successful launch of the first liquid staking protocol on the TON blockchain in collaboration with DWF Labs. Users who stake TON using the Bemo application will receive stTON tokens, representing a portion of the pool of TON tokens staked. Unlike traditional staking services, liquid staking allows TON token holders to earn rewards while maintaining full access to their funds. Bemo manages the validation process, eliminating concerns over technical requirements or prior staking experience, and there is no minimum amount of TON tokens required to use the application. Bemo aims to attract both individual and institutional investors to its platform, with a goal of reaching $100 million in total value locked by the end of the year.

DWF Labs, an investment firm and digital asset market maker, has purchased 1.9 trillion LADYS, a meme token, for 108 ETH worth approximately $196,000 on Uniswap v3. Although it is unclear why DWF Labs is buying the token, there are concerns that they may be attempting to pump LADYS to liquidate and profit later.

South Korea is reportedly moving closer to launching a central bank digital currency (CBDC), with a new draft law set to create legal terminology for CBDCs.

ARPA Network has announced a multimillion-dollar strategic investment from DWF Labs to transform the blockchain landscape and usher in new standards of privacy, security, and fairness. The collaboration aims to enhance ARPA’s research and development capability of cryptography and blockchain, establish a connection with DWF’s portfolio projects, and facilitate the wider utility of threshold signature scheme across multiple verticals in the blockchain industry. ARPA Network’s threshold BLS signature network provides a reliable infrastructure for verifiable random number generators (RNGs), secure wallets, cross-chain bridges, and decentralized custody across multiple blockchains. The investment from DWF Labs will help to expedite the development of innovative applications built upon its infrastructure, including solutions for gaming, lottery, nonfungible token (NFT) minting, whitelisting, key generation, and blockchain validator task distribution. The partnership will also provide ARPA Network with additional resources and support needed to continue its rapid growth and development, expand its marketing efforts, raise its brand profile, and engage even more diverse audiences across multiple industries.

Crypto miner Bitdeer went public on Nasdaq; Twitter will be added to Dogecoin Ponzi scheme litigation; GDAC, Bitrue, Terraport, Yearn Finance hacked; China’s Douyin displays Bitcoin prices in search results...

DWF Labs is raising eyebrows — and ruffling feathers — as it storms up the charts of the crypto sector’s most active investors.

The blockchain strategy game Medieval Empires has raised $3 million in a recent funding round led by DWF Labs.

Grachev bought 81 billion Floki tokens and sent 57 billion of them to the on-chain wallet.

Twitter users will be able to access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company.