Migros is undergoing significant restructuring, resulting in the termination of 500 employees as it phases out its garden and flower specialty stores. Management changes have raised concerns, particularly regarding Patrik Pörtig, who has replaced ineffective leadership but continues to face criticism for decisions like discontinuing the Alnatura line and introducing subpar organic cutlery. The company’s financial troubles, exacerbated by past acquisitions, have led to a culture where those responsible for losses are often promoted rather than held accountable.
about Migros Faces Job Cuts and Management Controversies Amid Business ChallengesBio-Rad Laboratories, Inc.
0 in Finance and 0 in Crypto last weekBinance Labs Rebrands to YZi Labs Focusing on AI and Biotechnology
Binance Labs has rebranded to YZi Labs, expanding its focus to include investments in artificial intelligence and biotechnology, with Changpeng Zhao returning as a mentor. The incubator will also reintroduce a 12-week residency program for project founders, exploring the intersection of AI, blockchain, and biotech. Recent investments include Sahara AI and MyShell, alongside a venture into decentralized science through BIO Protocol, aimed at supporting innovative pharmaceutical developments.
about Binance Labs Rebrands to YZi Labs Focusing on AI and BiotechnologyBio Protocol Expands to Solana Amid Significant Price Decline
Bio Protocol’s price has plummeted to $0.52, losing over 64% of its value since January 3, amid a broader crypto market decline. Despite this, the decentralized science network has expanded to the Solana blockchain, enabling lower-cost token swaps and aiming to establish itself as a multichain platform.In a separate development, MANTRA has partnered with Dubai’s DAMAC Group to tokenize $1 billion in assets, enhancing transparency and accessibility in real estate through blockchain technology. This collaboration follows MANTRA’s recent initiatives to bridge traditional finance with digital assets.
about Bio Protocol Expands to Solana Amid Significant Price DeclineSolana’s Pump Science Launches Betting on Mouse Longevity Experiments
Solana’s Pump.science and Hedgehog Markets are launching decentralized betting contracts focused on scientific experiments with laboratory mice, aiming to enhance human life expectancy. Bettors can wager on the endurance of mice treated with life-extending compounds, with insights and video footage available to inform predictions. This initiative is part of the growing DeSci sector, valued over $2 billion, which seeks to innovate scientific funding and discovery. In a separate legal matter, Terraform Labs founder Do Kwon faces a lengthy criminal prosecution set for early 2026, with significant evidence challenges and a not-guilty plea to multiple charges related to the $60 billion collapse of Terra in 2022. A civil fraud lawsuit has already found Kwon guilty, resulting in a $4.5 billion fine for Terraform.
about Solana's Pump Science Launches Betting on Mouse Longevity ExperimentsBIO Protocol Surges Following Binance Listing and Launch of Decentralized Science Initiative
BIO Protocol (BIO), an Ethereum-based altcoin focused on decentralized science, surged 23.5% to $0.8382 following its listing on Binance. The protocol aims to enhance biotechnology by enabling global communities to fund and govern tokenized biotech projects while ensuring data ownership for researchers. BIO went live on-chain alongside the Binance announcement, marking a significant step in the intersection of crypto and science.
about BIO Protocol Surges Following Binance Listing and Launch of Decentralized Science InitiativeBIO Protocol Now Trading on Binance with High Volatility Risks
BIO Protocol ($BIO) is now trading on Binance at $0.952, with a 24-hour trading volume of $867,623 and a market cap of $1.20 billion. Previously listed on smaller exchanges, the token has experienced significant price increases, but high volatility and potential corrections are expected as liquidity increases on Binance. While BIO aims to revolutionize biotech funding through tokenized intellectual property, investors should be cautious of market adoption and execution risks. Limit orders are recommended to avoid overpaying, and it’s advisable to monitor short-term volatility before making long-term commitments.
about BIO Protocol Now Trading on Binance with High Volatility RisksSolana poised for significant growth amid rising developer interest and transactions
Solana is experiencing significant growth potential, with price targets suggesting gains of 70% to 110%, driven by strong developer interest and ecosystem activity. In December 2024, it achieved a record 72.8 million daily transactions, surpassing major blockchains. With a current price of approximately $208.47, Solana’s resilience and operational efficiency position it as a leading choice for developers in the crypto market.
about Solana poised for significant growth amid rising developer interest and transactionsBio Protocol Launches Airdrop and Plans Binance Listing in 2025
Bio Protocol (BIO) is set to transform biotechnology funding through decentralized science, utilizing blockchain to democratize access to research and development. An airdrop for BIO tokens is live, concluding in 1 day and 3 hours, with eligibility for holders of specific DeSci tokens. The token will be listed on Binance on January 3, 2025, enhancing its visibility in the crypto market.
about Bio Protocol Launches Airdrop and Plans Binance Listing in 2025