Tag Archives: Web 3.0

Binance Web 3.0 Invests in some Coins and prices soar

Binance Labs has started to turn to several blockchains focusing on decentralized finance (DeFi), Web 3.0 coin projects, and cross-chain capabilities. News of Binanace investing in Web 3.0 coin projects, Web 3.0 coin project started to rise.

Binance venture capital (VC) Binance Labs has announced that it will contribute to the Oasis Foundation’s $200 million ecosystem development fund. This news means that he wants to support developing projects on Blockchain networks.

Binance Labs is joining other leading VC firms to support the Oasis Network (ROSE), an alternative smart contract platform considering a competitor to Ethereum. In addition to Binance Labs, other notable VC firms supporting the ecosystem development fund include Hashed, Jump Capital, Dragonfly Capital, and Draper Dragon. After the news was published, the altcoin price rose more than 25% on a daily basis.

ROSE price chart for the last 24 hours / Source: CoinMarketCap

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Elon Musk talked about Web 3

Elon Musk is trying to make Web 3.0 coins look negative this time around. Saying that he loves Dogecoin very much, Elon Musk, who made Dogecoin rise, does not stop vilifying other rising altcoins other than Dogecoin. Many writers write that Elon Musk is no longer taken as seriously as it used to be.

Elon Musk posted on Twitter a clip of the angel investor Jason Calacanis following Bill Gates’ old interview with David Letterman.

“I am not suggesting that Web 3 is real, it seems more like a marketing fad than reality right now,” Elon Musk wrote. I wonder if Dogecoin is a very advanced and constantly evolving altcoin in terms of technology? of course not. But Elon Musk is just a manipulator who likes to raise and lower Cryptocurrencies


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.