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Binance joins Neo Council, 2.1 million NEO used to secure two Top 21 positions

Binance Staking has secured two positions on the Neo Council. At the time of press, Binance has voted with approximately 2.1 million NEO to secure its places in the Top 21. Binance is the world's largest custodial exchange with nearly US $9.07 billion in 24-hour volume, according to CoinCap.io. Binance Staking is a service that allows users to earn distributions offered on proof-of-stake or other networks that distribute rewards to participants. The platform provides two types of staking: flexible and locked. Flexible staking offers fewer rewards but allows users to move the underlying assets at any time. Locked staking requires users to deposit a token for a specific time frame but provides higher yields. For example, a minimum of 0.01 NEO locked for 15, 30, 60, or 120 days will earn increasing yields of 5.79%, 7.49%, 8.79%, and 13.56% (made in GAS distributions), respectively. In the announcement post, Neo Global Development said "Binance Staking's new membership in the ...
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BitPay announces partnership with blockchain service provider Bloq



Bloq has been around for a while, and they’re popular for delivering enterprise-grade blockchain technology, to companies from all around the world.

According to a recent blog post, published by BitPay, the company announced that they’re partnering up with Bloq, to provide clients with better services, and new features. Based on this, Bloq will now offer an improved implementation of their services, alongside with 24/7 support for companies that currently use BitPay’s development platform and full node to develop Bitcoin and blockchain-related applications.

For those who do not know, Bloq, also referred to as BitPay’s “preferred commercial partner for Bitcore” is a company founded earlier this year by a Bitcoin Core developer and BitPay advisor, to provide development services for individuals and companies willing to employ blockchain technology.

Additionally, companies using the cross-platform will also get access to native utilities, and the intuitive Node.js libraries, which can be used for further extending the functionality offered by the platform. Together with this, those who use Bitcore will be allowed to make direct function calls to the blockchain, but also create various blockchain services, for whichever purposes they desire. An example of a powerful application for Bitcore is the Bitcore Waller service, which allows wallets to make queries to the blockchain, at speeds that are often 20 times faster than conventional json-RPC API calls.

Based on everything that has been outlined so far, what do you personally think about this implementation and partnership? Let us know your thoughts in the comment section below.

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