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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 ...

Bitcoin Tips are now available to Twitter users on iOS



Users of the official Twitter mobile app for iOS can now accept cryptocurrency donations in the Bitcoin equivalent.
This functionality has now become available to the owners of Apple devices. To accept cryptocurrency, the user needs to connect a third-party service to the profile, for example, CashApp. The very possibility of donations in the equivalent of digital currency will be processed through the Lightning Network.

In addition, the team of the popular social network also announced the imminent integration of verification capabilities for non-fungible tokens. This, according to representatives of Twitter, will be one of the key steps in the development of the trend of digitalization of art, a separate type of which are avatars on social networks. However, no specific dates have yet been given for the addition of the NFT verification function.

The ability to send donations in the equivalent of digital currencies will soon appear on Android, but in the case of it, the team also chose not to announce the exact date. Twitter itself does not charge commissions or a percentage of the funds received by content makers. The payment options for "gratuity" will vary from country to country, depending on the region. The exception will be Bitcoin and Lightning, which will be active regardless of the location of the content author or his fan.

We will remind, in June, Jack Dorsey said that the integration of payments in Bitcoins using the Lightning Network "is only a matter of time." In addition, he was among the first to invest $2.5 million in Lightning Labs' kick-off funding round in 2018.

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