Tag - binance labs
12Apr

Binance Labs invests in BounceBit to advance Bitcoin utilization

Binance Labs invests in BounceBit to transform Bitcoin’s role with innovative solutions. Binance Labs, the venture capital and incubation division of Binance, has invested in BounceBit, a Bitcoin restaking and centralized decentralized finance (cedefi) protocol. “BounceBit unlocks new avenues for Bitcoin’s utilization with the fusion of cefi and defi.” Yi He, Co-Founder of Binance and Head of Binance Labs He also...

By World, , , 0 CommentsRead more...
22Mar

Binance mandates prime brokers to ramp up data collection, U.S. investors sidestepped

Binance has imposed stricter client screening procedures upon its prime brokers, such as Hidden Road and FalconX. According to a Bloomberg report on March 19, the strategy is designed to prevent U.S. investors from accessing its trading platform. The screening enhancements are tailored for prime brokers that primarily serve institutional investors. These brokers are now required to gather comprehensive...

By Bitcoin, Crypto, World, , 0 CommentsRead more...