๐ Top News in Asia from Monday through Wednesday
An OmiseGO community member calls out OmiseGoโs failure to deliver in a detailed timeline Reddit post titledโ expectations vs reality, expectation management, developmental status and short/midterm future analysis and concernsโ. http://bit.ly/2PwY67O
Central bank deputy governor: STO business โessentially an illegal financial activity in Chinaโ. http://bit.ly/2zXmdYn
A supposedly โleakedโ WeChat conversation between some of the most powerful Chinese crypto investors surfaced including
WeChat, Shenzhen Tax Bureau Launch Blockchain-Powered Electronic Invoices. http://bit.ly/2zUxicN
OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker. http://bit.ly/2zUBV6K
๐ฐ Coin and Token News
ADA founder Hoskinson: โI canโt imagine how theyโre [Block.One] not going to have some sort of issue with the SEC. http://bit.ly/2rvrceb
BitMEX research- BTC hashrate drop equivalent to 1.3 million Bitmain S9 machines switched off: http://bit.ly/2A4POPR
๐ฐDeals and Funds
Chinese Blockchain Education Platform Tomato Rubikโs Cube Completes Angel Round. http://bit.ly/2zSqL1Z
๐ธ Exchange News
CEO of Dunamu, the parent company of South Koreaโs largest crypto exchange Upbit, said that regulation is important to establish industry standards. http://bit.ly/2zYmvhw
In the first official meeting between five of the biggest crypto exchanges and the government of South Korea, Cumberland Korea says that both the government and local financial institutions have to acknowledge the efforts of Nasdaq, Fidelity, and some of the largest conglomerates in the global market working to strengthen the infrastructure around cryptocurrencies. http://bit.ly/2A4POPR
๐ Regulation News
South Korean startup Presto to file constitutional appeal against local ICO ban:http://bit.ly/2L9c3Io
๐ผ Business News
Bitmain has secured a long-term cooperation with a wholly-owned subsidiary of China Mobile on the development of artificial intelligence. http://bit.ly/2PyPYDD
Samsung has refuted rumors that it has plans to offer a cryptocurrency cold wallet on its Galaxy S10 smartphone. http://bit.ly/2zSI2Z6
Bitmain to Close Israeli R&D Center due to Crypto Market Crash: http://bit.ly/2PyRS7B
South Koreaโs government will spend $3.5 million USD equivalent to set up a blockchain-enabled virtual power plant (VPP) in the city of Busan: http://bit.ly/2GdLbbw
South Koreaโs second-largest commercial bank, Shinhan Bank, has embarked on a project to implement blockchain in internal processes to decrease human error: http://bit.ly/2rvpnOna
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