An investment fund for blockchain and web3 companies by Binance Labs has been established with $500 million from Binance, the cryptocurrency exchange. It was revealed in a blog post published on Wednesday that private equity organizations such as Breyer Capital, Whampoa Group, and DST Global Partners participated in the funding.
JPMorgan Chase and Singapore’s DBS Bank are among the large banks collaborating on the project. Onyx has processed over $300B in digital tokens since its launch in December 2021. The roller coaster competition among important countries for the treasured title of “world’s crypto hub” has heated up. Singapore and its
The first game to go live on the BNB Application Sidechain is Meta Apes, a free-to-play MMO strategy game tailored for the mobile-first experience. Meta Apes is now available on Google Play for Android smartphones, and an iOS version is on the way. Post-Apocalyptic Earth, where humans have been wiped
One of the greatest challenges facing the wider adoption of Web3 gaming has been reaching a substantial audience of players. With decentralized technology firmly in place and plenty of use-cases proving the enormous potential of Web3 gaming, the biggest obstacle has been discoverability. The reality is that there are plenty
The transaction took place on Sunday, May 29th, at 10:16:51 UTC. The BTC price was able to find some support at around $28500. Despite strong support at that level, the Bitcoin (BTC) price was pounded down from a falling trend line exhibiting a descending triangle pattern at $28500. Three weeks
There will be an invalidation of the downtrend scenario if $49.50 is breached. The current price of Solana is $42.65 as per data from CMC. Solana pricing is experiencing stunning price activity amongst intraday traders. This week, the bears were successful in bringing the price down to even $40. The
Shpak believes in bringing the sector into the open and making it accountable. Russia’s parliament was presented with a measure to accomplish legitimizing in late April. Russia’s Deputy Minister of Industry and Trade, Vasily Shpak, said that the actions of miners extracting digital currency account for more than 2% of
The talks or even people rather noticing the stablecoins have been almost nil, until the recent Terra UST downfall. Since the past two weeks, the focus towards stablecoins has catapulted like anything. Amidst such scenarios, the most widely preferred stablecoin available in the market and indeed the best, has upgraded
At 12 pm EDT on March 25, 2022, Splinterlands, the most popular blockchain game for the last ten months, began selling validator node licenses, and the presale quickly sold out. The Splintershards (SPS) tokens, which are now available for public sale, may be obtained in return for operating the free
On Thursday, a group of former executives from Binance, one of the world’s largest cryptocurrency exchanges launches a $100 million venture fund to support Old Fashion Research (OFR). Old Fashion Research (OFR) was established in late 2021 by managing partners Ling Zhang, who was recently vice president of M&A and
