Blockchain Reporter Weekly Crypto News Review: Major Developments
The post Blockchain Reporter Weekly Crypto News Review: Major Developments appeared on BitcoinEthereumNews.com.
This week saw major advancements in blockchain and cryptocurrency sectors. Binance Labs invested in Astherus, a multi-asset liquidity hub, to enhance DeFi’s yield and functionality. SingularityNET cooperated with Mina Foundation to further the decentralized AI industry with a focus on data protection. Binance TH received certifications in ISO 27701 and ISO 27001 in order to advance the privacy and security levels. On the other hand, Circle launched its Signing API, which enhanced the programmable wallet function. Ripple partnered with Archax and abrdn to create awareness of tokenized money market funds on the XRP ledger. These events are a sign of substantial advances in blockchain technology enhancements and performance for crypto and finance markets. Binance Labs Invests in Astherus to Boost DeFi Growth Binance Labs has invested in Astherus, a multi-asset liquidity hub, to strengthen the DeFi space. To this end, this partnership seeks to improve the real yield and functionality of crypto assets. Astherus is known for its focus on green returns, solving problems in DeFi inefficiencies. Its flagship, AstherusEarn, offers profitable investment solutions with institutional level security across all chains. This platform mediates between the centralized and decentralized finance, enhancing the capabilities of assets. Astherus also has a modular DeFi Infrastructure Layer for stablecoins and derivatives as well. The current roadmap includes AstherusLayer – a Layer-1 for DeFi, which will allow for multi-asset staking and use $BNB for gas, increasing the reach of the ecosystem. SingularityNET Partners with Mina Foundation to Advance Decentralized AI Decentralized AI company, SingularityNET, has partnered with Mina Foundation. The current and future goals of this collaboration are to develop AGI that is based on decentralization with due consideration of data protection. The information was promoted on the official accounts of SingularityNET. The plan of a cooperation is to set high standards for blockchain and…
Filed under: News - @ December 2, 2024 9:21 pm