Binance

Binance Charity Arm to Donate $1 Million in BNB Towards Australian Bushfire Efforts

Max Moeller

Binance, one of the world’s biggest exchanges in terms of market capitalization, is launching a charity project related to the fires in Australia. According to a blog post from the company, the exchange’s philanthropy division, the Binance Charity Foundation, plans to donate $1 million worth in its cryptocurrency, BNB, to its Australia Bushfire Donations project….

Lenovo

Lenovo Partners With GoChain to Operate Signing Node

Max Moeller

Lenovo, the technology company that makes laptops and other hardware, is getting into blockchain technology according to a blog post from GoChain. GoChain, which considers itself the “fastest, most reliable, web3 based blockchain protocol and client,” is partnering with Lenovo, in which the tech company will act “as a signing node operator” for the blockchain.=”…

Hong Kong

Hong Kong Institute of Bankers Partners With Six Virtual Banks

Max Moeller

The Hong Kong Institute of Bankers (HKIB) is partnering with virtual banks, according to a press release from Markets Insider. The release notes that the HKIB has accepted six virtual banks as members of their institution: Airstar Bank Limited, Fusion Bank Limited, Livi VB Limited, Ping An OneConnect Bank (Hong Kong) Limited, SC Digital Solutions…

Libra

Libra Has ‘Failed’ in its Current Form, Says Swiss Finance Minister

Max Moeller

Libra, Facebook’s cryptocurrency stablecoin that they plan on implementing into the social media platform as well as Instagram, has been a topic of controversial discussion since its reveal this summer. In fact, some even argue the fact that because Libra isn’t out and adhering to all sorts of different regulatory policies as of now, it…

Twitch

MenaPay Cryptocurrency Adds Support for Tipping Twitch Streamers

Max Moeller

The Twitch live-streaming service allows anyone in the world to watch gamers play their titles on PC, the Nintendo Switch, or anywhere else they’d prefer to do so. These streamers can then earn money from donations or subscribers that follow them, and many even have turned this opportunity into a full-time one. Seeing this opportunity,…

Compound chief executive: We’re Creating LIBOR Interest Rates for the Crypto Industry

Robert Leshner, the chief executive of Compound Finance, talked to LearnBonds.com about how cryptocurrencies are expected to revolutionise traditional fiat lending in the coming years. He also said the market is in its early days and that the business is working on LIBOR (London Inter-bank Offered Rate) interest rates for the crypto industry. Compound Finance…

Algorand

Algorand, IBMR to Provide Debt-Free Investment Capital to Southeast Asian Citizens

Max Moeller

Algorand, the blockchain project that recently partnered with the SIAE to help protect copyright processes, is now teaming up with the International Blockchain Monetary Reserve (IBMR) in order to build a blockchain-based finance platform alongside a cryptocurrency token to help assist the poor in Southeast Asia, reports CoinTelegraph. The cryptocurrency will be called the Asia…