Binance Labs, the venture capital and strategic initiative arm of Binance, has made a significant investment in Babylon, a pioneering Bitcoin staking protocol. Babylon, a project initiated by Stanford Professor David Tse and Dr. Fisher Yu in 2022, aims to revolutionize the integration of Bitcoin with Proof-of-Stake (PoS) blockchains. This investment underscores Binance Labs’ dedication […]
Kraken Launches Institutional Service to Stem Coinbase Dominance
Amidst the rave for dominance in the cryptocurrency industry, digital asset service provider Kraken has taken the industry unawares with the introduction of a new service dubbed Kraken Institutional. Kraken Institutional Designed for Corporate Clients This novel solution is designed as a one-stop shop where firms that are looking to delve into the digital asset […]
What Will Be My Portfolio If Ethereum (ETH) Price Hits 5K ?
As Ethereum (ETH) enjoys a period of significant growth, many investors are taking notice. Over the past year, its value has doubled, reaching a noteworthy milestone of over $3,000 on February 20, 2024. Now, experts are predicting that Ethereum could potentially reach $5,000 by the end of this year, 2024. With the market buzzing and […]