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...

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