Tuesday News Roundup

 Top News from Friday to Today

Virginia Democratic Senator Mark Warner asked Facebook to commit to excluding the Chinese Yuan from the Libra basket.

LINE, Japan’s largest messaging platform, announced that it is launching its own token (LN) for trading against multiple cryptocurrencies on its own exchange Bitbox. Relatedly, it has been reported that exchange tokens have been the latest well-performing token category. Over the past three months, exchange tokens from China have doubled in price, and we now see three major exchange tokens include LEO, HT, BNB all entering the Top30 market cap crypto list.

South Korean electronics manufacturer LG Corporation is said to be launching blockchain-friendly smartphones soon.

Tether announced the launch of a new stablecoin tied to the offshore Chinese yuan dubbed CNHT.

BitMEX Crypto Exchange COO Angelina Kwanhas reportedly stepped down.

An Overview of the Potential Growth Opportunities for Exchanges Going Overseas.



Vlad Zamfir’s  affiliated CasperLabs raises $14.5 million in a Series A round, led by Terren Piezer, Arrington XRP Capital, Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners, Blockchange Ventures, Hashkey Capital, and Distributed Global.

Chinese early-stage venture capital firm Sky9 Capital founded by former Lightspeed China partners has announced the close of two new VC funds with a combined $440 million in capital commitments with previous investments in Coinsuper and Deepchain.

Thai cryptocurrency exchange Bitkub raises $1.67m in pre-Series A round: Thai cryptocurrency exchange operator Bitkub Capital has raised 50 million baht ($1.67 million) in its pre-Series A funding round from an undisclosed investor. closed a $1 million Pre-A Investment round led by Hashed, a South Korean blockchain VC firm, and Du Capital.

₿ Coins and Mining

Blackmoon, a blockchain-based fintech company, on Tuesday announced that it will be one of the first exchanges to list Telegram’s Gram token for trading.

Paxos CEO: Huobi, Stable Universal and Binance are the first of many that will build on its stablecoin platform.

Bitmain launched two new ASIC miners today. Shortly after the announcement, Northern Bitcoin, a Frankfurt-based technology company focused on Bitcoin announced it had successfully completed testing for its new air-cooled mobile mining container.

China’s mining machinery MKRMicroComputer has announced the success of research and development tests for Asic Miner G 1 PLUS and G 1 MINI. GRIN’s ASIC machines will be shipped for the first time in October.

Decentralized Brave Browser Tops Chrome in Google Play Rankings in Japan:

  Exchange News

Binance U.S. is planning to launch in the “coming weeks” with stringent KYC requirements according to a blog post published by the firm.

🧳 Business

Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh.

Jones Lang LaSalle Japan to build a real estate platform using blockchain technology.


Facebook’s proposed Libra cryptocurrency falls into a “big gap” in European Union financial regulation at a time when the bloc’s ability to tackle money laundering is already stretched.

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