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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”.http://bit.ly/2UQHMmJ

Venezuela’s largest bank opens up petro cryptocurrency wallet registrations.http://bit.ly/2USfbNF

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.http://bit.ly/2USikgr

💰

Investments

CryptoKitties’ developers raise $11 million for “Flow” blockchain from a16z, Time Warner Group, DCG, Fenbushi, etc. http://bit.ly/2UT1NsX

Binance Southeast Asia’s investor Vertex adds $290 million venture fund for high-growth tech firms. https://reut.rs/2NeZuPW

₿ Coins and Mining

Kakao KLAY token, which will occur on Upbit Singapore and Upbit Indonesia by the end of September.http://bit.ly/2UQtC4Q

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. http://bit.ly/2UW5ldY

Mike Kennedy, founder of Zelle, is joining Interstellar as the new CEO.http://bit.ly/2UP8IDo

Bobby Lee Returns With Ballet, a Crypto Hardware Wallet for the Masses. http://bit.ly/2UTQhNQ

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.http://bit.ly/2UP9VKW

Binance Futures going live today; offering 50% discount on trading fees. http://bit.ly/2UT7zdP

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. http://bit.ly/2UUjMPn

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.http://bit.ly/2UShMan

Huobi Korea is reportedly reorganizing the cryptocurrency delisting criteria to enhance project transparency and reliability.http://bit.ly/2V1DOrD

🧳 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. http://bit.ly/2UQBZxq

 Regulations

Marshall Islands on mission to create its own cryptocurrency to reduce reliance on US dollar. http://bit.ly/2NchWbP

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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