Top Asia Crypto News Round Up from Dec 12th- 15th

Top Asia Crypto News Round Up from Dec 12th- 15th

Top News in Asia from Wednesday through Saturday

China’s Plan to Sideline Bitcoin.

Binance Labs Launches 8 Blockchain Projects To Solve The Industry’s Biggest Challenges.

Online broker Monex Group, known for buying hacked Japanese crypto exchange Coincheck in April, has announced it will launch cryptocurrency trading in the United States starting Q1 2019

Pantera Capital Management recently told investors that around 25 percent of the blockchain projects they have invested in could be found to be in violation of U.S. securities laws. In that case, Pantera expects that the projects may need to return money to investors.

DDEX is forking 0x. We did a podcast episode with DDEX founder just a few weeks ago, be sure to learn about how they are thinking about the decentralized exchange space.

Coin and Token News

“Instead of discussing a BTC mining death spiral, perhaps we should be talking about EOS Block Producers turning off their operations the narrative is that EOS BPs are financially well-off, many are currently underwater.” A tweet thread on EOS by AlthoughBlocktower researcher Corey Miller. put forward a release candidate for v1.6.0 of the EOSIO software. This version contains a number of major updates, including the initial implementation of the resource exchange.

The flappening: Litecoin overtakes Bitcoin cash

Deals and Funds

South Korea’s largest messaging app operator Kakao has invested in Orbs, an Israeli blockchain startup.

2019 year of blockchain use cases from the founder of Zilliqa and NEO Global Capital partner Roger Lim.

South Korea-based messaging app Line‘s subsidiary, Line Plus, has acquired local cybersecurity and counter-hacking firm GrayHash as part of the company’s efforts to boost its online security.

Security tokens platform TokenSoft Inc. has invested in a company that is purportedly a United States Securities and Exchange Commission (SEC)-compliant broker-dealer:

Exchange News

Binance Adds USDC Trading Pairs?—?Stellar and Ripple Represented

Binance Labs will launch new incubator programs in Berlin, Buenos Aires, Lagos, Singapore and Hong Kong come March 2019.

CULedger, a credit union service organization -owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem:

Regulation News 

Ex-Mt. Gox CEO Karpeles denies embezzlement as prosecutors call for ten year jail term:

Business News 

A simple cryptocurrency purchase service first introduced in Korea is spreading overseas. The advantage of ‘simple purchasing’ is that users can invest in cryptocurrencies more easily because exchanges or communities have already verified their identities.

A thorough infographic on current and potential use cases of blockchain in Southeast Asia

China tech companies have been experiencing significant layoffs lately due to the lackluster market, a number of companies that have raised lots of private funding such as Zhihu is having layoffs.

In 2018, Beijing tops the China patents ranking with 756 blockchain related patents, and Shenzhen holds the second spot with 459 patents, followed by Shanghai (210), Hangzhou (187) and Guangzhou(130).


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