binance labs
Polygon founder raises $50M for emerging markets-focused web3 venture fund
Ethereum layer-two scaling platform Polygon raised $450 million earlier this year in its first major financing round. Now, the protocol’s co-founder Sandeep Nailwal is launching another project, he told TechCrunch…
Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and tattoos and booze and fun. If you…
Binance Labs closes $500M fund to focus on web3 and blockchain adoption
Venture capital firms continue to deploy and raise capital for crypto markets despite volatility in recent weeks, with Binance Labs closing a $500 million investment fund to focus on web3…
A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team told TechCrunch on Thursday. Old Fashion Research…
Open source code is integral to tech stacks at many large companies, but its authors rarely get recognized — let alone compensated — for their work. Max Howell claims the…
Nym gets $6M for its anonymous overlay mixnet to sell privacy as a service
Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5 million seed round in 2019. The…
Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny
Decentralized finance startup MOUND, known for its yield farming aggregator Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLabs Korea…
Into Africa: tech leaders weigh in on Jack Dorsey’s planned move to the continent
It’s not every day that the CEO of a large Silicon Valley tech company decides to relocate to a different part of the world in order to learn more about…
Featured Article
Terra is an ambitious crypto project to build a stable coin through e-commerce
Four of the world’s largest crypto exchanges are leading a $32 million investment in an ambitious venture out of Korea that’s aiming to develop a new stable coin using e-commerce as the lynchpin. Global exchanges Binance Labs, OKEx, Huobi Capital, and Dunamu — the firm behind Korea’s Upbit — have all poured capital into Terra, a crypto…
