Binance Labs raises $500 million, PORTAL increases 60%, Pi Network changes fee structure

PORTAL (PORTAL) experienced a 60% increase in value within 24 hours, aiming to enable the transfer of in-game items and accounts across different games, potentially transforming the gaming landscape. (📰KuCoin)
Binance Labs has raised $500 million to invest in Web3 and blockchain technologies, focusing on projects that enhance cryptocurrency use cases and drive adoption across various sectors including DeFi, NFTs, and gaming. (📰Yeni Safak English)
Pi Network will change its app creation fee structure starting August 24, 2026, aligning costs with actual AI service consumption and focusing subsidies on applications with real user engagement. (📰Bitget)