Boris
@bomarg
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Binance Labs, the venture arm of crypto exchange Binance, just dropped its first bag in decentralized science (DeSci). They invested in the BIO Protocol accelerator, which backs a network of decentralized autonomous organizations (BioDAOs) focused on biotech. These DAOs are all about building communities to fund, develop, and co-own new drugs and therapies.
BIO Protocol currently has eight BioDAOs under its belt, with a market cap hitting $200 million as of November 2023. One of the big names in the accelerator is VitaDAO, a project geared toward longevity. Founded in 2021, VitaDAO even pulled in $4.1 million from pharma giant Pfizer (NYSE:PFE) in February 2023.
BIO Protocol is a huge leap forward for the DeSci space, bridging biotech with DeFi. “At Binance Labs, we’re all in for breakthrough achievements with real-world impact, backing projects that are building game-changing tech,” said Binance Labs’ investment chief, Andy Chang.
Binance Labs’ portfolio is stacked with over 250 projects. Wh… 0 reply
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Yo, if you’re thinking of snagging some ATOM, here’s the latest scoop. Cosmos (ATOM) just rolled out a new liquidity staking module, causing some buzz. While there were initial security concerns involving possible North Korean-linked code, the devs have already kicked off audits to patch things up fast. The drama didn’t tank the vibe though—traders are still rallying around ATOM as the ecosystem expands, thanks to its slick interoperability tech.
Cosmos stands out because it’s making cross-chain communication smooth, which is a big deal in a fragmented crypto space. Think of it as the “blockchain internet.” With its modular design and fast transactions, ATOM is gearing up to outshine older networks like Ethereum. Plus, staking ATOM lets you earn more coins, which is a solid way to stack passive income without much hassle.
The token is trading around $4.30 right now, and while the market’s been a bit rocky, analysts believe ATOM has a strong chance to pop off soon—especially as blockchai… 0 reply
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