Framework Labs, the sister company of Framework Ventures, has raised $8 million in a new seed round. Station 13, an investment firm focusing on blockchain ventures related to sports, media, and entertainment, led the $8 million fundraising round for Framework Labs. Framework will use the funds to grow its team of researchers, traders, and engineers. The company has already hired former CTO and co-founder of decentralized exchange IDEX Ray Pulver and former principal at Wavemaker Partners Roy Learner. According to an Aug. 27 report from Forbes, Framework Labs founders Michael…
Day: August 28, 2020
Binance and Oasis Labs launch intelligence sharing platform for exchanges
The world’s largest cryptocurrency exchange, Binance, has teamed up with privacy-centric blockchain-powered cloud computing developers Oasis Labs to fight fraud in the crypto sector. Oasis was announced as the inaugural member and primary infrastructure provider for the Binance-led CryptoSafe Alliance on August 27. Oasis Labs’ “confidential smart contracts” will be utilized in building the decentralized CryptoSafe Platform which is designed to share threat intelligence data among crypto exchanges. The CryptoSafe Platform will be powered by the Oasis Network blockchain. The firms emphasize the need for the platform to enable collaborative…