what's Dapper Labs?
Dapper Labs is a blockchain technology company specializing in consumer-facing applications, particularly in gaming and digital collectibles. Founded in 2018, it pioneered the use of non-fungible tokens (NFTs) through projects like CryptoKitties, which introduced blockchain-based virtual pets on Ethereum, highlighting scalability challenges that led to the creation of their own blockchain. The company developed the Flow blockchain, a layer-1 network designed for high-throughput applications, especially in entertainment and sports. Flow powers flagship products such as NBA Top Shot, a digital collectibles platform for basketball highlights, and similar ventures like NFL All Day and LaLiga Golazos. These leverage smart contracts and NFTs to enable ownership, trading, and fan engagement in a decentralized manner. Dapper Labs emphasizes user-friendly experiences, integrating blockchain with mainstream brands like the NBA, UFC, and Disney. Their ecosystem supports scalable transactions via a multi-node architecture, separating consensus from execution to handle mass adoption without congestion.
Dapper Labs faced a $3.9M security incident on Dec 27; Flow halted, user balances unaffected.
Experienced a security incident on December 27, 2025, resulting in approximately $3.9M exiting before the Flow network was halted by validators, with user balances and assets reported as unaffected.
Achieved a 185% surge in TVL during 2025.
Participated in a Crypto Year End special event alongside Yat Siu, Yahoo Finance, Mythical Games, and Nate Geraci.
Scheduled to participate in SLAM Nation BREAKOUT 2025, a 12-hour web3 livestream event on December 18, 2025 at 1:30 PM EST.
Dapper Labs participated as an investor in a $16M funding round for gaming project PlayProvidence alongside Avalanche.
CRA updates total crypto tax recoveries to approximately $100M over three years across all enforcement cases, with about 40% of crypto platform taxpayers evading taxes or at high risk of non-compliance.
CRA tax probe targets 2,500 Dapper Labs users and collects approximately $72M USD from audits over 3 years with no criminal charges filed.
Canada launches tax probe targeting Dapper Labs users in what is described as the country's second-ever crypto tax enforcement action.
Panel discussion scheduled for December 9 at 4:30PM ET features CEO and Flow Co-Founder discussing Consumer DeFi with CoinFund Managing Partner.
Flow Foundation develops Flow Credit Markets (FCM) lending protocol with automated rebalancing, Dapper Labs launches Peak Money consumer finance app built on FCM, and supports FLIP-351 proposal to update transaction fees making FLOW deflationary at 250 tps through token burns.
VIP Deposit Match Event runs from Nov 26 to Dec 2, offering Dapper VIPs bonuses on deposits worth up to hundreds of thousands of dollars.
Dapper Labs partners with Miquela and EigenAI/EigenCompute to bring digital beings into verifiable environments with transparent and accountable AI identities.
Phishing scam targeting community members by impersonating the hiring team with fake platforms and malicious links.
Building digital identity solutions on EigenCloud's verifiable AI infrastructure (EigenAI and EigenCompute), expanding beyond collectibles into AI-powered identity products in a verifiable environment.
New crypto payment integration enables direct crypto-to-balance conversion for Disney Pinnacle collectibles purchases.
New Disney Pinnacle NFT collection launches with focus on collectibles market, targeting estimated $8-10B Disney collectibles ecosystem.
Disney partners with Flow blockchain and Dapper Labs, while platform reports over 100M NFTs minted for major U.S. brands.
New partnership established with Disney+ streaming platform.
PitchBook data indicates 96% probability of public listing in 2025.