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Binance VC Arm Raises $500M To Drive Blockchain And Web3 Adoption.

Binance Labs, the venture capital and incubation unit of Binance has completed a $500 million investment funding round. According to a Wednesday, June 1 announcement, the funds were pooled from a list of leading global institutional investors including Breyer Capital, DST Global partners as well as private major equities, family offices, and corporations that contributed […] origin »

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India’s Central Bank Plans Graded Implementation Of CBDC.

India’s banking and finance sector regulator, the Reserve Bank of India (RBI), has said that it plans to introduce a Central Bank Digital Currency (CBDC) in a graded manner. Also, the introduction of a CBDC needs to meet the objectives of India’s monetary policy, financial stability, and currency and payments systems, local media reports. The […] origin »

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China’s Top Court Seeks To Leverage Blockchain Technology For Its Operations.

The Supreme People’s Court of China has issued an opinion on strengthening the application of blockchain technology in court operations. According to a six-point document posted on the court’s website Wednesday, the court proposes to thoroughly implement president Xi Jinping’s thoughts on the rule of law and to “promote the innovation and development of blockchain […] origin »

5 Ways that Blockchain is Reshaping the Betting Business.

If there’s one takeaway that society has gained from the betting industry, it’s that traditional casinos are not designed to favor the bettor—the house always ends up winning. At the end of the day, a casino is simply a business, and like any other business, it is designed to ensure profitability. origin »

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