Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims

Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.” A proposed class-action lawsuit alleges that Yuga Labs “inappropriately induced” the community to buy Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s affiliated ApeCoin (APE) token.The proposed class-action driven by law firm Scott+Scott was published…

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Shenzhen, a major city in the Guangdong Province and the first economic special zone in  China, will use blockchain technology for electronic tax invoices. This development was reported by the China Economic Net, а domestic news website focusing on economics, on Dec. 12.The Shenzhen Municipal Taxation Bureau and Chinese tech giant Tencent have “successfully connected…

The Lens Protocol and Laguna Games launched a new gaming ID, which connects users across multiple games. 329 Total views 5 Total shares Nonfungible token (NFT) gaming is getting a facelift. A new collaboration between Laguna Games, a Web3 research and development entertainment developer, and Lens Protocol allows players to connect across multiple gaming experiences.These…

Two of the new Coinbase directors have previously served under US presidents, while the other has extensive experience in the management consulting industry.

Another player has decided to distance itself from Binance after a slew of negative headlines around the exchange in recent weeks. Binance has faced a number of regulatory issues in recent weeks. Payments player Clear Junction has suspended activity with Binance after similar moves from Barclays and Santander. “Clear Junction can confirm that it will no longer…