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


🌟 Top News in Asia from Wednesday through Saturday

China’s Plan to Sideline Bitcoin.https://bloom.bg/2Ceneg5

Binance Labs Launches 8 Blockchain Projects To Solve The Industry’s Biggest Challenges. http://bit.ly/2Cfw5OS

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 2019http://bit.ly/2CeSYlh

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. https://bloom.bg/2CeyrgB

DDEX is forking 0x. http://bit.ly/2CfrnAz 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.http://bit.ly/2EldHW8

Block.one 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. http://bit.ly/2Cg8de1

The flappening: Litecoin overtakes Bitcoin cashhttp://bit.ly/2GrpDbk

💰Deals and Funds

South Korea’s largest messaging app operator Kakao has invested in Orbs, an Israeli blockchain startup. http://bit.ly/2CfkcZ4

2019 year of blockchain use cases from the founder of Zilliqa and NEO Global Capital partner Roger Lim. http://bit.ly/2CftXqo

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. http://bit.ly/2CeXPTK

Security tokens platform TokenSoft Inc. has invested in a company that is purportedly a United States Securities and Exchange Commission (SEC)-compliant broker-dealer:http://bit.ly/2QAKP3B

 💸 Exchange News

Binance Adds USDC Trading Pairs — Stellar and Ripple Representedhttp://bit.ly/2Cenj3n

Binance Labs will launch new incubator programs in Berlin, Buenos Aires, Lagos, Singapore and Hong Kong come March 2019.http://bit.ly/2CewfWp

CULedger, a credit union service organization -owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem: http://bit.ly/2QX20eM

 🎌 Regulation News 

Ex-Mt. Gox CEO Karpeles denies embezzlement as prosecutors call for ten year jail term:http://bit.ly/2BuZUJJ

 💼 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. http://bit.ly/2S2v2XR

A thorough infographic on current and potential use cases of blockchain in Southeast Asiahttp://bit.ly/2A1q32z

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). http://bit.ly/2CcLI9u


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