Friday News Roundup

Friday News Roundup

 Top News from Tuesday o Today

Today marks the day for the Mid-Autumn Festival in China and also Chuseok in Korea, both important holidays in the respective countries that gathers together family and friends. The GCR team wishes our readers a happy mid-autumn festival/Chuseok! 

France vows to block Facebook’s Libra in Europe. Libra communications chief: “the comments today from France’s economy and finance minister further underscore the importance of our ongoing work with regulatory bodies and leadership around the world”.

Venezuela’s largest bank opens up petro cryptocurrency wallet registrations.

Thailand’s bond market with ?3.5 trillion in outstanding scrips has announced it is gearing up to introduce blockchain technology and its own cryptocurrency in a move which is expected to link with the Bank of Thailand’s cryptocurrency and blockchain structure.



CryptoKitties’ developers raise $11 million for “Flow” blockchain from a16z, Time Warner Group, DCG, Fenbushi, etc.

Binance Southeast Asia’s investor Vertex adds $290 million venture fund for high-growth tech firms.

? Coins and Mining

Kakao KLAY token, which will occur on Upbit Singapore and Upbit Indonesia by the end of September.

CoinGecko has identified the top five crypto exchanges through their new  Binance, Bitfinex, Bittrex, Poloniex and Coinbase Pro. 

Tim Draper Joins Board of EOS-Based Messaging Dapp MakeSense.

Mike Kennedy, founder of Zelle, is joining Interstellar as the new CEO.

Bobby Lee Returns With Ballet, a Crypto Hardware Wallet for the Masses.

Ontology reveals at Invest:Asia that all revenues from Ontology-incubated projects will be used to buy back ONT on the secondary market. (??)


  Exchange News

Non-custodial exchange KyberSwap rolls out fiat-to-crypto gateway.

Binance Futures going live today; offering 50% discount on trading fees.

BitMEX has hired Derek Gobel as its general counsel. Gobel was formerly general counsel at BNP Paribas APAC.

U.S.-based cryptocurrency exchange Coinbase is evaluating the launch of an initial exchange offering (IEO) platform in the near future.

Huobi Group Founder and CEO Leon Li has been named CEO, Chairman of the Board, and Executive Director of the Board of Hong Kong Stock Exchange-listed firm Pantronics Holdings Limited. Under a new proposal, the name of Pantronics may be changed to Huobi Technology Holdings Limited.

Huobi Korea is reportedly reorganizing the cryptocurrency delisting criteria to enhance project transparency and reliability.

? Business

An Ex-employee of Bitman was sentenced to one year and three months’ imprisonment with a fine of 50,000 Chinese yuan for plugging into Bitmain’s server to steal 100 Bitcoins.

? Regulations

Marshall Islands on mission to create its own cryptocurrency to reduce reliance on US dollar.

North Korea, which is believed to be using cryptocurrencies to finance weapons of mass destruction, will be holding its second cryptocurrency and blockchain conference next February.

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