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Binance Labs Invests in Particle Network’s Chain Abstraction Solution
TLDR Binance Labs has invested in Particle Network, a modular Layer 1 blockchain solution. Particle Network aims to address user and liquidity fragmentation in Web3 through Chain Abstraction infrastructure. The solution offers Universal Accounts, allowing users to maintain a single account and balance across multiple chains. Funding will be used for team expansion, enhancing features, and launching their L1 Mainnet. Particle Network’s goal is to unify Web3 with “One Account, One Balance, Any Chain.” Binance Labs, the venture capital arm of leading cryptocurrency exchange Binance, has made a strategic investment in Particle Network, a Layer 1 blockchain solution. This move...
XRP Lawsuit News: Can Gensler’s Replacement Paul Atkins Dismiss Ripple Case?
President-elect Donald Trump has chosen Paul Atkins, a pro-crypto figure, to chair the Securities and Exchange Commission (SEC), according to reports by Unchained. Current SEC Chair Gary Gensler announced he will step down on January 20 when Trump is inaugurated. Atkins, who served as an SEC commissioner under President George W. Bush, is well-respected in conservative legal circles and among the Republican establishment. One major case before the federal courts is the ongoing Ripple (XRP) lawsuit, in which the SEC claims Ripple violated securities laws by issuing XRP. In July 2023, Judge Analisa Torres ruled that XRP was not a...
Injective Labs, 21Shares launch first INJ-linked ETP on Euronext exchanges
Injective Labs, 21Shares launch first INJ-linked ETP on Euronext exchanges Assad Jafri · 4 weeks ago · 2 min read The fund represents a significant milestone in Injective's efforts to integrate with traditional financial markets and institutions. 2 min read Updated: Jul. 19, 2024 at 1:20 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Injective Labs, in collaboration with 21Shares, has announced the launch of AINJ — the Injective Staking Exchange-Traded Product (ETP) linked to INJ, which will include staking. The fund will allow users to gain exposure to INJ tokens via major...