{"id":365,"date":"2024-04-11T06:34:26","date_gmt":"2024-04-11T06:34:26","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/11\/binance-labs-invests-in-bouncebit-to-boost-bitcoin-usage\/"},"modified":"2024-04-11T06:34:26","modified_gmt":"2024-04-11T06:34:26","slug":"binance-labs-invests-in-bouncebit-to-boost-bitcoin-usage","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/11\/binance-labs-invests-in-bouncebit-to-boost-bitcoin-usage\/","title":{"rendered":"Binance Labs Invests in BounceBit to Boost Bitcoin Usage"},"content":{"rendered":"<p>The quote \u201cBounceBit unlocks new avenues for Bitcoin\u2019s utilization with the fusion of cefi and defi.\u201d is from Yi He, Co-Founder of Binance and Head of Binance Labs. He emphasized Binance Labs\u2019 commitment to supporting innovators reshaping the industry with secure and transparent cedefi solutions. By enabling Bitcoin\u2019s participation in network validation and yield-generating activities without altering its blockchain, BounceBit introduces a novel approach to digital asset empowerment. BounceBit prioritizes security and transparency, employing regulated custody and Multi-Party Computation (MPC) alongside innovative solutions like Ceffu\u2019s Mirror X and off-exchange settlement to mitigate counterparty risks.<\/p>\n<p>The mission of BounceBit is to build restaking infrastructure to drive the utilization of Bitcoin in a secure and transparent manner, aiming to enhance yield generation and broaden its applications through a secure and efficient proof-of-stake (PoS) layer 1 ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The quote \u201cBounceBit unlocks new avenues for Bitcoin\u2019s utilization with the fusion of cefi and defi.\u201d is from Yi He, Co-Founder of Binance and Head [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[],"class_list":["post-365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoins-usage-innovation"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=365"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/364"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}