Blockchain
Bitrise Coin Rewards BNB As Crypto Investors Join In Thousands Every Day
New York, New York–(Newsfile Corp. – November 10, 2021) – Bitrise coin rewards BNB as Crypto Investors join everyday. Bitrise coin is currently a hot topic in the crypto market. The coin has most investors shocked by its bullish explosion in the last few weeks. Hitting a $200m market cap from $150m in less than a week.
Bitrise
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The coin liquidity has also grown from around $100k to +$900k in just three weeks. The Bitrise community has also grown in thousands in just a matter of weeks. Even at the time of writing, there were thousands of new members joining every day, some from big cryptocurrencies such as Safemoon.
There is something unique about Bitrise crypto coin BNB rewards and it’s making the coin popular. Recently, the Bitrise team announced that Safemoon whales had joined the coin. One of the reasons why such big players agreed to join the platform is because of these rewards.
Whereas most coins offer rewards in their crypto coins, BNB coins are very stable and in high demand. Everyone in the market like BNBs because they can easily trade them for anything, including fiats easily.
Bitrise coin rewards are in tokenomics. The network charges 12% for every sale transaction closed. 5% of this fee goes to buyback contracts, and 3% goes to marketing. Then the remaining 4% is distributed among the token holders in the form of BNBs.
The distribution is unique and automated. The BNB coins are sent to every token holder’s wallet every 60 minutes. Therefore, the holders know what time the BNB coins will be sent. This removes the uncertainty that other cryptocurrencies give to their investors. Bitrise crypto coin investors know that every one hour, there is an incoming from the tokens they hold.
It is also important to mention that BNBs rewards are awarded to everyone who is holding tokens. Users do not need to stake them to receive rewards. Therefore, this is a different income from the staking revenue.
Bitrise crypto coin staking process is expected to start at the end of November 2021 after the team launches their revenue sharing staking program. The projection is 80% APY of the revenues generated from all products Bitrise Audits, Techrate Audit, Bitrise dApp wallets, Bitrise exchange, and IBitrise blockchain.
Therefore, those who will be staking will still earn BNB rewards for the crypto coins they hold.
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102777
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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