Close Menu
Cryprovideos
    What's Hot

    7 Prime Cash with 100x Development Potential to Purchase Now

    August 23, 2025

    Ethereum Open Curiosity Jumps 10% As $3.18B In New Positions Flood In

    August 23, 2025

    $50,715,884 XRP Hits Coinbase as Ripple Case Lastly Closed – U.At the moment

    August 23, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Binance Labs Invests in Kernel to Enhance Restaking on BNB Chain
    Binance Labs Invests in Kernel to Enhance Restaking on BNB Chain
    Crypto News

    Binance Labs Invests in Kernel to Enhance Restaking on BNB Chain

    By Crypto EditorNovember 26, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Binance Labs Invests in Kernel to Enhance Restaking on BNB Chain

    Binance Labs has introduced its funding in Kernel, a restaking infrastructure designed to boost safety and utility on the BNB Chain. 

    Kernel goals to make use of restaking to rework BNB’s safety into programmable belief, supporting a variety of crypto companies, purposes, and middleware.

    Kernel Will First Launch On the BNB Chain

    The preliminary rollout will give attention to integrating BNB Liquid Staking Tokens (LSTs) and restaked BNB as financial safety to drive innovation in DeFi on the BNB Chain. 

    Additionally, Kernel plans to broaden by incorporating Bitcoin and its derivatives into its restaking framework. Over 20 decentralized purposes (dApps), will make the most of Kernel’s financial safety. This may embrace AI co-processor Mira and ZK proof aggregation protocol Electron

    In the meantime, collaborations with initiatives like ListaDAO, Solv, and YieldNest will additional improve the utility of restaked property. Kernel’s long-term imaginative and prescient contains scaling its infrastructure to further layer-1 blockchains.

    Kernel’s strategy integrates native and liquid staking tokens from BNB, BTC, and different yield-bearing property. This may doubtless optimize the asset’s utility and enhance capital effectivity.

    “Kernel exemplifies the kind of modern challenge that aligns with Binance Labs’ mission to convey extra customers onto Web3 by supporting significant know-how and advancing the ecosystem,” Alex Odagiu, Funding Director at Binance Labs stated in a press launch.

    This funding follows Binance Labs’ latest backing of Lombard, a Bitcoin-focused liquid staking platform. Lombard’s LBTC token at present captures 40% of the Bitcoin liquid staking token market and goals to broaden its safe multi-chain staking protocol.

    Moreover, Binance Labs has ventured into the decentralized science (DeSci) sector.  The agency not too long ago invested in BIO Protocol, marking its first entry into this area. 

    Total, Binance Labs’ has seemingly adopted a broader technique to diversify its $10 billion portfolio into modern and impactful sectors.

    Disclaimer

    In adherence to the Belief Challenge tips, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed data. Nevertheless, readers are suggested to confirm information independently and seek the advice of with knowledgeable earlier than making any choices based mostly on this content material. Please word that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    $50,715,884 XRP Hits Coinbase as Ripple Case Lastly Closed – U.At the moment

    August 23, 2025

    Korean man arrested over $50M crypto-to-gold laundering scheme

    August 23, 2025

    Ripple-SEC Case Closure Adopted by Rush of Up to date XRP ETF Filings

    August 23, 2025

    Finest Crypto To Purchase Now? Ethereum Value At New ATH After Dovish Fed Speech

    August 23, 2025
    Latest Posts

    Powell Sparks $300M Surge Into Bitcoin Futures Inside Minutes At Jackson Gap | Bitcoinist.com

    August 23, 2025

    Bitcoin Holds Robust In 'Wall Of Fear', Path To $183,000 Stays Open – Analyst

    August 23, 2025

    Philippines Lawmaker Proposes 10,000 BTC Strategic Reserve

    August 23, 2025

    Crypto sentiment returns to Greed as Bitcoin and Ether spike on Fed speech

    August 23, 2025

    Early Bitcoiners Skeptical as Establishments Tighten Grip on $116K BTC ‣ BlockNews

    August 23, 2025

    Public Keys: Ethereum Treasuries Soar, Bitcoin ETFs' $1 Billion Bleed, Crypto IPO Chatter – Decrypt

    August 23, 2025

    Bitcoin worth breakout to $117K liquidates bears, opening door to contemporary all-time highs

    August 23, 2025

    Bitcoin (BTC) and Ether's (ETH) Violent Value Spike Prompts $375M in Futures Liquidations

    August 23, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    CZ's Polls Reveal Shocking Info About Crypto Traders

    January 26, 2025

    Crypto Scammer Sentenced to 12 Years for Ignoring $20M Restitution Order

    July 12, 2025

    Pudgy Penguins NFT Agency Faucets Walrus To Retailer Stickers & GIFs

    May 1, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.