Binance Labs Backs Sophon to Speed Web3 Adoption in AI, Games, and Media

Binance Labs has invested in Sophon, an ecosystem for entertainment applications in gaming, social, AI, prediction markets and beyond. With the grand vision of changing how users live, play, create, and connect in the internet economy, Sophon is laser-focused on creating seamless customer experiences. Sophon is able to achieve all this through the unique applications of the ZK Stack, such as native account abstraction, which is designed to provide a gasless experience. The zkSync codebase...

BitGo Introduces A New Standard for Stablecoins: Meet USDS

BitGo, the leading digital asset custodian, is pleased to announce the launch of USDS: The USD Standard, a groundbreaking 1:1 USD-backed stablecoin that aims to transform the digital asset landscape by prioritizing fairness, transparency, and market neutrality. USDS is designed to challenge the existing stablecoin market dynamics, specifically targeting the dominance of single-issuers like Circle and Tether. Unlike traditional stablecoins that funnel significant rewards back to issuers or a select group of partners, USDS introduces...

Rexas Finance Launches A Unique Real-World Asset Tokenization Platform

Rexas Finance (RXS) Real world asset (RWA) tokenization platform, announces its recent launch. More so, the presale of RXS token began on September 8, 2024. Real-world assets (RWA) are real-life commodities that are not electronic or digital. To note, RWA are tangible assets such as real estate, commodities, bonds, and machinery. Owing to their traditional nature, these assets are traded in markets that demand brokers, banks, and other legal entities to facilitate the transfer of ownership....

Flipster Announces Silver Sponsorship for Token2049

Flipster, a leading crypto derivatives trading platform, is excited to announce its participation as a silver sponsor at Token2049, Asia’s largest Web3 event, taking place in Singapore on September 18-19. With over 20,000 attendees expected, the event will serve as a key gathering for the global cryptocurrency and blockchain community. As a silver sponsor, Flipster will maintain a strong presence at the event with a dedicated booth, offering attendees the chance to engage with the team, learn about the platform’s...

HTX Ventures invest in BSX, Building DeFi Infrastructure on Base

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in BSX Exchange, a decentralized, non-custodial central limit order book (CLOB) perpetual decentralized exchange built on Base. Since its launch in April, BSX has facilitated over $4.5 billion in trading volume and recently surpassed $1.3 million in revenue. Its current offerings include both spot and derivative trading. With the recent $4 million seed-round funding, BSX plans to expand its product line further. The platform boasts a highly performant trading engine...

Binance Appoints Grant Thornton as Global Accounting and Tax Advisor

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announces that it has appointed Grant Thornton Singapore, a leading business and professional services firm, to provide global accounting and tax advisory services as it prepares for future audits of its global businesses. For the 2023 financial year alone, Binance entities have completed 25 audits thus far with an unqualified (clean) opinion. Grant Thornton Singapore will provide professional non-audit and non-assurance services in advising Binance on technical accounting, financial...

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