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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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New York City Start Up Ready To Disrupt




Riding on the Staten Island Ferry this morning, I checked Coindesk to get my morning fill of recent news in the Bitcoin/Blockchain community. I opened up Bailey Reutzel’s article, which read “post-trade settlement services for small to medium sized enterprises will soon be in development.” e-BIT has decided to halt this discussion in order to inform the masses that a major component of this technology has already been developed and the rest of the components are patent pending.

e-BIT has been in stealth development since 2012, originally a Bitcoin mining company, our path has pivoted in recent years. e-BIT’s beta service ‘xChain’ was developed to revolutionize the way SME and financial institutions use their legacy systems. We’re currently willing to demo this product for any financial institution or private investor in the New York City area.

 e-BIT’s website launched ahead of the Go-Distributed: Trade Conference in St. Louis two weeks ago, and is starting to gain organic traction on social media platforms along with developers and institutions previously contacted by the Blockchain start-up. e-BIT’s 7 person team is working with advisor and investor Bradford Folkens, who is best known for Engineering breakthrough technology for the mobile app CamFind. e-BIT is located at 40 Wall St. in NYC and can be contacted at contact@e-bit.io.


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