Binance Labs changed its name to YZi Labs while expanding its investment focus to include Web3, AI, and biotech. CZ is actively involved in investment activities, providing direct mentoring and training to founders; while Ella Zhang returns as head of YZi Labs to lead the next phase of growth and innovation.
According to ETH Daily, Celestia is developing its roadmap to scale up to 1GB blocks, with the aim of significantly increasing data throughput and reducing transaction fees for rollup. As a modular data availability blockchain, Celestia allows rollup to use any virtual machine as its execution layer. Celestia's first upgrade, called Lemongrass, is currently under development. The roadmap to 1GB blocks will involve multiple technology upgrades, including content-addressed memory pools, node shard...
Japanese financial services provider Monex Group has completed the acquisition of a majority stake in Canadian crypto asset firm 3iQ Digital Holdings to expand its crypto business. 3iQ previously launched the first regulated Bitcoin and Ethereum exchange-traded fund in North America and the first Ethereum ETF with staking capabilities on the Toronto Stock Exchange. Monex Group expects to meet the demand for crypto asset management from institutional investors and exchanges around the world throu...