Binance CEO Confirms BNB Coin Burn In The Exchange’s Fourth Quarterly Update

Changpang Zhao, the well-known CEO and founder of Binance, has just released Binance’s “Q4 Recap” article, which covers a variety of insider insights on the progress of the platform over the past 3 months. Binance CEO Confirms $32 Million Coin Burn  On Sunday, Binance’s CEO announced that the Binance team was preparing for the coin … Continue reading Binance CEO Confirms BNB Coin Burn In The Exchange’s Fourth Quarterly Update

Québec Charging Cryptocurrency Miners Double for Electricity

The Canadian province of Québec has been given permission to charge cryptocurrency miners higher electricity rates than those charged to residential customers. Canada has never been one to shy away from their interest in cryptocurrencies. They are also using blockchain technology to streamline certain air travel procedures and have given the go-ahead for a blockchain exchange-traded fund (ETF). … Continue reading Québec Charging Cryptocurrency Miners Double for Electricity

Blockchain Trade Finance Platform Set to Launch In Hong Kong

A blockchain-backed trade finance platform is getting ready to be launched by the Hong Kong Monetary Authority and partners. The system currently stands as one of the largest examples of a government-backed effort to tackle issues in the worldwide trade finance industry. Those who work in the trade finance sector often sift through lots of … Continue reading Blockchain Trade Finance Platform Set to Launch In Hong Kong

Bitcoin Miner Scam from Kodak Licensee Shut Down by SEC

A Bitcoin miner project operating under the Kodak brand has collapsed. The company behind the scheme has said that it has been stopped from proceeding any further by the SEC.  Unrealistic Promises and Incorrect Math In January, a Bitcoin mining computer called the Kodak KashMiner was unveiled at the CES technology show held in Las Vegas. … Continue reading Bitcoin Miner Scam from Kodak Licensee Shut Down by SEC

American Express Files Patent for Blockchain-Based Proof-of-Payment System

Multinational financial services corporation American Express has shown increased interest towards blockchain-based technology. Following in the footsteps of major competitors like Mastercard, the company has filed a patent for a proof-of-payment system based on blockchain technology.   American Express — commonly referred to as Amex — filed a patent on July 12 called “Systems and Methods for … Continue reading American Express Files Patent for Blockchain-Based Proof-of-Payment System