Search results for YZi Labs
Crypto
Changpeng Zhao-backed YZi Labs makes additional investment in prediction market startup Predict.fun
Predict.fun, Binance\'s in-app prediction market partner, has received additional investment from YZi Labs, a venture investor backed by Binance founder Changpeng Zhao. The Block reported Susquehanna Crypto also took part in the round. YZi Labs said on X it made a strategic follow-on investment and described Predict.fun as a crypto-native prediction market platform. Zhao has said prediction markets are a key destination for crypto capital and expects the FIFA World Cup to boost activity.
Crypto
Aster denies Binance control rumours, plans privacy Layer 1 and staking launch in March
Aster, a decentralised perpetual futures exchange project, said its CEO Leonard directly addressed rumours involving Binance and Yzi Labs. Leonard said on X that claims Binance or Changpeng Zhao controls Aster or uses it for dumping and exit liquidity are unfounded. He added Yzi Labs’ investment is long-locked and Aster operates independently, denying accusations of targeting rival DEXs. He also disclosed buyback figures and outlined plans for a privacy-focused Layer 1 and staking in March.
Crypto
Changpeng Zhao says don\'t watch charts, buy-and-hold is more effective
Binance founder and former CEO Changpeng Zhao said long-term holding is more effective than most trading tactics in crypto, calling buy-and-hold the strongest strategy he has seen while stressing it is not financial advice. His comments drew mixed reactions, with some warning of heavy losses in down markets. Zhao also said bitcoin could break its four-year cycle, cited policy shifts and discussed tokenisation talks with about 12 countries.
