The fund is the first in Binance Labs’ history to be created with outside capital, namely from DST Global Partners, Breyer Capital, unnamed private equity funds, and others.
The new $500 million fund will invest in cryptocurrency companies in three stages of development, from incubation, to early-stage venture, and finally late-stage growth.
June 1, 2022, 1:22 PM
Binance CEO Changpeng Zhao speaking at an “Ask Us Anything” conference. Binance
GameStop’s self-custodial browser extension wallet will run on Ethereum’s Loopring layer-2 scaling protocol, enabling cheaper and faster transactions.
The GameStop wallet will also allow users to connect to the GameStop NFT marketplace, which is expected to launch in the second quarter of the company’s financial year.
Mark Zuckerberg revealed that Instagram will be the first app under Meta’s control to start NFT tests, and that Facebook could soon see a similar functionality.
Meta’s CEO also noted that the company was working on augmented reality NFTs, which will allow users to place their digital art into physical spaces.
Bored Ape Yacht Club, Doodles, Shamanzs, and Nyoki Discord channels have all been compromised by a hacker, who attempted to use phishing links to steal NFTs.
Security researchers have noted that the attacker most likely used a Discord ticket tool to gain access to the NFT-focused channels.
The beta version of GameStop’s NFT marketplace allows users to mint NFTs, though the trading functionality is yet to be activated.
Whlie GameStop did integrate with Loopring’s layer-2 technology, its “preferred partner” remains Immutable X, with which it partnered back in February.