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(Cited from CoinDesk and Cointelegraph)

Crypto Exchange Binance Launches Dedicated Staking Platform

Crypto Exchange Binance Launches Dedicated Staking Platform

Major cryptocurrency exchange Binance has launched a dedicated staking platform, allowing users to earn rewards on their token deposits. Major cryptocurrency exchange Binance has launched a dedicated staking platform, according to a company announcement published on Sept. 26.The new service will enable Binance users to deposit their token holdings and earn staking rewards, but without having to set up their own nodes to fulfill minimum staking amounts and/or time lengths.Staking vs. mining cryptocurrenciesIn blockchains…

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IBM Says It’s Open to Working With Facebook on Libra Crypto

IBM Says It’s Open to Working With Facebook on Libra Crypto

“Our clients are ready to work with” Facebook on Libra, said IBM’s general manager of blockchain services Jason Kelley. Technology behemoth International Business Machines (IBM) is open to working with Facebook on its Libra stablecoin, CNBC reported on Sept. 23.IBM’s general manager of blockchain services Jason Kelley said that the company is looking to spur collaboration in the space, noting that “blockchain is a team sport.” He also highlighted the firm’s openness to the…

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Bakkt CEO: 3 Reasons Why Today’s Bitcoin Product Launch Is a Big Deal

Bakkt CEO: 3 Reasons Why Today’s Bitcoin Product Launch Is a Big Deal

After the launch of Bakkt’s Bitcoin futures, the firm listed three reasons why the event is an important milestone for the industry. Following the launch of Bakkt’s Bitcoin (BTC) futures, the company listed three reasons why the event is an important milestone for the industry.In a statement on Sept. 23, Bakkt CEO Kelly Loeffler emphasized that the successful launch of Bakkt Bitcoin Futures contracts is the first time when United States-regulated physically-settled Bitcoin futures…

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