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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. http://bit.ly/2UHuOro

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. http://bit.ly/2ZQZufo

South Korean electronics manufacturer LG Corporation is said to be launching blockchain-friendly smartphones soon.http://bit.ly/3031tII

Tether announced the launch of a new stablecoin tied to the offshore Chinese yuan dubbed CNHT. http://bit.ly/2UKosY3

BitMEX Crypto Exchange COO Angelina Kwanhas reportedly stepped down. http://bit.ly/2Q0Auhu

An Overview of the Potential Growth Opportunities for Exchanges Going Overseas.http://bit.ly/2UIMB1i

💰

Investments

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. http://bit.ly/2HVuf84

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. http://bit.ly/2Q3zlph

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. http://bit.ly/2LMoriy

dapp.com closed a $1 million Pre-A Investment round led by Hashed, a South Korean blockchain VC firm, and Du Capital.http://bit.ly/2ZLD9jm

₿ 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. http://bit.ly/2HZ2oUs

Paxos CEO: Huobi, Stable Universal and Binance are the first of many that will build on its stablecoin platform. http://bit.ly/2N5kPLB

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. http://bit.ly/303ZCUi

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. http://bit.ly/2lFudce

Decentralized Brave Browser Tops Chrome in Google Play Rankings in Japan:http://bit.ly/2LDDJ9b

  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. http://bit.ly/303UC1Y

🧳 Business

Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh. http://bit.ly/2Q1p3WP

Jones Lang LaSalle Japan to build a real estate platform using blockchain technology. http://bit.ly/2kcMCgg

 Regulations

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. https://reut.rs/2ZQjz5N

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