Category: Blockchain

Binance announced the completion of the 16th Quarterly Binance coin (BNB) burning on Monday, around $393.6million has been burned. The burning just comes after the suspension announced last Friday, July 16, that Binance will no longer offer digital tokens linked to shares. The warning came at a time when the Hong Kong Securities and Futures Commission (SFC) becoming

Jackson City, the eighth-biggest city in the US state of Tennessee, intends to permit its residents to pay property tax in Bitcoin (BTC), according to Mayor Scott Conger.  Mayor Conger announced his ambition on Twitter by stating that: “Our blockchain task force is looking into how the CityofJacksonTN can accept property tax payments in Bitcoin and

The Swiss bank of digital asset management, Sygnum, announced that it has partnered with industry-leading art investment company Artemundi to sell the ownership stake in Pablo Picasso’s NFT painting at $6,000 per share. According to a report by Reuters on Thursday, the painting sold this time entitled “Fillette au beret”, which was innovated in 1964.

Ethereum’s price slumped from an all-time high (ATH) price of $4,350 due to the market crash witnessed in the crypto space. However, this hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple, as acknowledged by IntoTheBlock. The data science

Cryptocurrency-driven Charity organisation Elongate announced Friday to donate $25,000 to Malala Fund as a seed finding. Elongate released a statement, saying the donation will be the first-round seed of donations to the fund. Elongate is a cryptocurrency token on the Binance Smart Chain. About 10% of transaction fee rewards holders donate significant sums to charity

Jack Dorsey, CEO of American financial services and digital payments company Square, announced on Twitter Friday that Square is actively creating a new non-custodial, permissionless, and decentralized financial services business platform, mainly focusing on bitcoin, the mainstream virtual currency. This new business will build an open developer platform, similar to its development tool service provider

Legacy Healing Center, a US-based addiction treatment centre in Florida and New Jersey, has revealed the acceptance of Bitcoin (BTC) and Ethereum (ETH) as valid forms of payment. This move aims to open the doors to more people seeking treatment. Accessibility is crucial in productive addiction treatment Legacy Healing Center is a leading provider of

While Blockchain is generally tied with cryptocurrency, this decentralised technology has a vast area of impact that extends beyond bitcoins or its peers. Right from healthcare to finance and banking, many industries, sectors, and businesses can immensely benefit by integrating Blockchain technology into their daily processes. This article discusses Blockchain’s potential to transform the web

PayPal Holding Inc. has increased the purchase limit of Bitcoin and other crypto-assets to $100,000 per week and also removed the annual purchase limit for eligible customers in the US. In February, PayPal customers’ weekly cryptocurrency purchase limit was $20,000. Currently, US customers can hold, sell, and purchase Bitcoin, Ether, Litecoin and Bitcoin Cash on

Bitcoin has been stuck to its consolidation period between the $30K and $40K range for more than two months, making short-term interest nosedive to levels not seen since September 2020, as acknowledged by IntoTheBlock. The data science firm explained: “Bitcoin’s short-term interest is back to September 2020 levels. The number of addresses holding BTC