BNB Chain and Binance Labs have unveiled the BNB Incubation Alliance (BIA), a new initiative to accelerate the growth of early-stage blockchain projects. This incubator program will provide participants with opportunities for potential investment from Binance Labs and BNB grants, alongside fast-tracking successful projects into the Most Valuable Builder (MVB) program. Operational Structure Of BNB […]
Binance labs
Binance Labs Doubles Down on Restaking with StakeStone Investment
Binance Labs, the venture arm of the renowned crypto exchange, has invested in StakeStone, a Singaporean firm establishing a cross-chain liquidity network. This strategic move underscores Binance Labs’ confidence in restaking’s potential for generating higher yields for digital asset holders. StakeStone aims to be an extensive platform, not just for restaking. According to Charles K, […]
Binance’s Vigilance: NY Law Firm Monitors Compliance Amidst Legal Challenges
Sullivan & Cromwell, the esteemed New York law firm, emerges as the frontrunner in the race to become Binance’s independent monitor, following the cryptocurrency exchange’s agreement with the U.S. government. Tasked with ensuring the exchange’s adherence to its plea deal and rectifying deficiencies in its anti-money laundering and sanctions protocols, this appointment underscores a pivotal […]
Multichain secures $60M funding from Binance Labs to boost Web3 adoption
Multichain which was formerly named Anyswap, a cross-chain protocol raised a $60 million financing round worth $1.2 billion led by Binance Labs today. According to the press release, the series of rounds was joined by several other well-known investors such as Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive […]