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Binance Charity Adds 10 New Ugandan Schools to the 10 Lunch for Children eme Program

Binance Charity Foundation continues its free lunch program for its students by increasing the number of schools it works with in Uganda.

The Binance Charity Foundation (BCF) is a block chain-backed arm that deals with aid in the Binance crypto change. On Thursday, April 4, he published an article in his official blog stating that 10 new schools in Uganda were added to the 'Lunch for Children' program.

Binance Charity Kripto Guide

BNB Donations

This pilot program began in late winter. The first educational institution supported by BCF was Jolly Mercy Center in Kampala.

Now, Binance is adding around 4,000 students and staff and 10 schools in 10 schools around Uganda.

Each school within the Help program receives an account in the Trust Wallet. They then receive $ 0.30 per day from the BNB daily for all-year use in school meals daily.

The Fund made a donation of $ 236,061 in Binance Coin. This was provided with the help of Binance customers, Tron Foundation, IOST and VIP sponsors.

Forgotten BNB crypto coins return to Binance

The BCF will transfer the money from the three sections to the school wallet. The staff will then take the lunch for their students with these crypto coins transferred.

The food supply companies of these schools will then convert BNB into a local currency currency through the exchange of Binance Uganda working with fiat and crypto.

BCF's donations help children to study

The idea of a charity fund based on Blockchain attracted the attention of many companies, more than 10 companies decided to join Binance's BCF. Five have already made their donations.

A volunteer who works with the program wrote that he saw happy children on social media when he came to a school where he studied with BCF and even saw happy chefs at lunch.

In the summer of 2018, Binance's CEO, Changpeng Zhao (CZ), said that when he set up the Blockchain Charity Foundation, the whole process of donations on the blockchain made it completely transparent.

Everyone can see where the donations are going. At that time, CZ had collected donations to the flood victims in Japan in collaboration with Tron's Justin Sun.

Related Topics:BCF the building of Binance Charity Binance Charity Foundation (BCF)Changpeng Zhao,CZ Iost justin sun heading tron TRX

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SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph