Binance exchange announces new investment
Binance Labs, the investment arm of the Binance exchange, announced that it has invested in Infrared, a protocol that provides one-click access to Berachain’s Proof-of-Liquidity mechanism.
Binance Labs, the investment arm of the Binance exchange, announced that it has invested in Infrared, a protocol that provides one-click access to Berachain’s Proof-of-Liquidity mechanism.
LayerZero (ZRO), one of the most talked about airdrop projects, will also be listed by Binance. Following Kucoin, Upbit, Bithumb and Poloniex exchanges, Binance announced today that it will list ZRO on 4 trading pairs.
Richard Teng, CEO of Binance, suggested that 2024 will be a turning point for the crypto industry. Teng also added that the momentum in user growth continues to be very strong.
Binance Labs, the investment arm of Binance, has invested in Zircuit, an Ethereum layer 2 network that provides AI-powered on-chain security.
The fact that BNB, the Binance exchange’s own token, broke a new record last night seems to have highlighted the meme coins on the Binance Smart Chain. 5 wallets have turned to the meme coin WHY on BSC. The coin has risen 181%.
Waves, which Binance delisted from the US exchange in March, is also being delisted from the global exchange. Binance made a statement on the subject this morning and announced that 4 cryptocurrencies, including Waves, will be taken off the platform on June 17.
The approval of Ether spot ETFs by the SEC has the cryptocurrency industry turning to Ethereum ecosystem tokens. While a whale made a hefty $10 million purchase on Binance earlier this morning, the investor seems to have favored altcoins that have attracted recent attention.
The Megadrop platform, which was announced by the Binance exchange in April and includes special tasks and airdrops, announced its new listing. Lista (LISTA) was announced as the coin to be listed on the platform.
Binance Labs, the investment arm of Binance, the world’s largest stock exchange, announced its investment in Aevo. While Binance continues to invest in innovative companies in the blockchain ecosystem, the amount of the fund was not disclosed. AEVO token increased by 10%.
Binance, seen as the world’s largest cryptocurrency exchange, said in an announcement that it is considering listing the coins of small and medium-sized crypto projects. “We would like to invite such high-quality teams and projects to apply for our listing programs.” the exchange said.