Despite the crypto carnage that was exacerbated by FTX's fall, Web3's appeal to investors remains unfazed.
Despite the crypto carnage that was exacerbated by FTX’s fall, Web3’s appeal to investors remains unfazed.
The fresh capital infusion will be deployed to develop security data further, build a security service marketplace, and conduct new hiring for the Web3 security infrastructure provider., Go Plus Security also intends to use the funds to launch a security service marketplace at the end of 2022.Following the development, Yi He, Co-Founder of Binance and Head of Binance Labs, commented,
The move comes days after Binance CEO, Changpeng Zhao , confirmed plans to use an astonishing reserve of $1 billion on acquisitions and investments., Binance has already committed more than $325 million to over 67 projects this year alone. In contrast, the crypto exchange spent around $140 million across 73 projects for the entire year of 2021 amidst a far more bullish crypto market.
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