Binance Secures Over $73M in Funds Stolen from External Parties
August 9, 20246 min
Binance leaps into action to support other industry players and users; surpassing 2023 totals as market sees an influx of users new to crypto investing
Binance Labs, the venture capital and incubation arm of Binance, has invested in Solayer, a leading restaking network on Solana. Their aim is to empower on-chain decentralized applications (dApps) with improved network bandwidth while securing the L1 at the same time. Built natively on Solana, Solayer leverages the economic principles of proof-of-stake to extend the security of Solana’s base layer towards other decentralized systems and dApps. This innovative approach enables users to participate in a...
Fireblocks Joins Stablecoin Standard
August 6, 20246 min
Stablecoin Standard, the industry body for stablecoin issuers globally, has announced that Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has joined as an industry partner to help establish security standards for the issuance of stablecoins. Stablecoins – a type of digital asset whose value is pegged to a specific asset or basket of assets – offer a host of benefits in areas such as cross-border and tokenized money payments, including enabling...
Binance Labs, the venture capital and incubation arm of Binance, has invested in Particle Network, the leading L1 solution for unifying all chains via Universal Accounts, addressing user and liquidity fragmentation in Web3. The number of blockchain networks is rapidly increasing, with a growing proliferation of L1 and L2 chains across various ecosystems. This chain-dense approach to scalability leads to highly fragmented user bases and liquidity, resulting in poor user and developer experiences alongside significant...
Binance Labs, the venture capital and incubation arm of Binance, has invested in aPriori, a project focused on Miner Extractable Value (MEV)-powered liquid staking solutions on Monad, a high-performance Ethereum-compatible L1 smart contract platform. aPrioriâs mission is to decentralize Monadâs network and enhance the user experience by reducing gas fees, optimizing network traffic, and driving sustainable incentives for validators. Monad achieves its extreme performance with its fast finality and deferred execution, creating a design space...
Osura and Artist Alexis André Unveil Bitcoin Art Series
July 24, 20246 min
Metagood, the blockchain technology and digital assets company behind the innovative OnChainMonkey digital art collectible community as well as the Osura marketplace for art on Bitcoin, launched top generative artist Alexis AndrĂ©âs first collection on Bitcoin on July 19, called Frontline. This 10,000-piece digital artwork collection sold out to over 4,000 unique wallet addresses, with over 300 curated collector communities participating in the limited pre-sale before ever opening to a public sale. Frontline is now available for...
Franklin Templeton Launches Franklin Ethereum ETF (EZET)
July 24, 20244 min
EZET allows investors to gain exposure to ether within a regulated exchange-traded fund structure
Best Innovation Groupâs Innovation Club Welcomes New Members
July 19, 20245 min
Best Innovation Group announced that two new credit union leaders have joined the Innovation Club: Willis Chang, Digital Transformation Officer at Kinecta Federal Credit Union and Scott Lindley, Chief Information Officer at Kitsap Credit Union. Their addition further expands the clubâs network of forward-thinking leaders in the financial sector. The announcement was made during a recent Innovation Club meeting held at the state-of-the-art Kinecta facility in Los Angeles where industry leaders explored the latest advancements in...
Bima Raises $2.25MM Seed Funding
July 16, 20245 min
Portal Ventures lead with participation from Tim Draperâs Blockchain studio, Halo Capital, Luxor Technology, DOMO (creator of BRC-20 standard), and more
The cryptocurrency trading industry has witnessed a significant milestone with the launch of Aibit, a cutting-edge exchange that integrates advanced AI technology with blockchain. Since its official launch on July 1st, Aibit has quickly garnered industry attention, positioning itself as a potential game-changer in the market. Revolutionizing Trading with AI Integration In an era where AI is becoming an integral part of technological advancements, Aibit stands at the forefront by leveraging AI to transform cryptocurrency trading. The platform’s state-of-the-art AI capabilities...