Tuesday News Roundup

Tuesday News Roundup

 Top News in Asia from Saturday to Today 

Indian Lawmakers Propose Adoption of 10-Year Jail Term for Crypto Dealings, including those who mine, hold, buy and sell cryptocurrencies, as well as those who deal with cryptocurrencies directly or indirectly in the country. http://bit.ly/2XBwy60

Telegram’s Gram tokens will be made available on cryptocurrency exchange Liquid prior to the October launch. A Korean company Gram Asia, the largest holder of Gram tokens in Asia, will be selling a portion of their Gram tokens to the public. https://tcrn.ch/2XG2tCu

GCR Contributor Network: New Blockchain Trends on Japanese markets by Miss Bitcoin Mai. http://bit.ly/2XDAKCa

GCR Contributor Network: Examining the Super App Strategy in Southeast Asia by Bernard Leong. http://bit.ly/2XByUC7

Leading crypto publication CCN.com announced it’s shutting down due to a stark drop in traffic arising from Google’s June 2019 Core Update. CoinDesk, has experienced a 34,6% drop, whereas Cointelegraph has experienced a drop of 21,1% on mobile. http://bit.ly/2XENxUX

EOS DeFi ecosystem landscape https://defiprime.com/eos


Most Clicked on From the Last Newsletter

Facebook is currently scheduled for a June 18th release of a white paper explaining its cryptocurrency’s basics. And that the cryptocurrency would indeed be pegged to a basket of currencies rather than a single one like the US dollar to prevent price fluctuations. https://tcrn.ch/2wEATcO

IEOs are literally coming to the West – our top takeaways from the first GCR workshop with Richy Qiao on IEOs.

Huobi will be kicking off its Huobi FastTrack program with a slate of five coins; Origo (OGO), Atlas Protocol (ATP), Fusion (FSN), NKN (NKN), and Skrumble Network (SKM). Using Huobi Token (HT), users will be able to vote on which coin should be listed on Huobi Global. http://bit.ly/2wIJF9S

Thailand’s largest commercial bank reverses its statement that it would use XRP “soon”. http://bit.ly/2wIGZsQ

?Deals and Funds

Zerion, with its dominant user base in Indonesia, is looking to bring DeFi to the masses with a new app that puts decentralized lending and trading under one roof.http://bit.ly/2XByATV

Exchange News

Cryptocurrency derivatives shop BitMEX is looking to tap into a pool of institutional investors via the rival of the ubiquitous Bloomberg Terminal, Eikon Terminal. http://bit.ly/2XCaGrn

? Coins and Mining

Tezos Korea has started it’s developer program in Busan National University

EOS New York, one of the most top block producers, just got pushed out of the top 21 BP.  one redditor commented that : “I suspect that due to the heavy token holdings in China that any BP who wishes to be in the top 21 must clearly communicate to BOTH the Western world and the East. Otherwise they are missing too much of the global voting participation.” http://bit.ly/2XFwmCP

A thorough recap on the EOS conference #B1June that took place in DC, including details about the Voice, EOS VM and Coinbase’s announcement. http://bit.ly/2XEPnVR

Smart wallet TokenStore has suspended its services after its updating since May 31st, but has thus far declined to comment on the reason why. It has frozen withdrawals, deposits and orders with its website closed. http://bit.ly/2XFxZjV


A Chinese crypto entrepreneur has committed suicide after losing clients’ 2,000 BTC by using 100x leverage trading, his former partner revealed on June 10. http://bit.ly/2XH68Qo

Russia May Build Offshore Destination for Cryptocurrencies, Exchanges and Forex on the island of Bolshoy Ussuriysky, located on the Chinese-Russian border..http://bit.ly/2I6ZCgn

Individuals behind a cryptocurrency scam in China have cheated around 300 investors out of millions of yuan, police say. The Zhejiang Police Bureau has arrested over 20 people said to be involved with the online crypto scam. http://bit.ly/31oWp3h

? Regulations

What to Expect at G-20; Money Laundering and Crypto Discussion: http://bit.ly/2I6woO

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