Top News from Friday to Today
BREAKING– Binance co-founder Heyi announces at Shanghai Blockchain Week happening this week that Binance will introduce fiat to crypto OTC within one month. She says that Binance has already connected to fiat systems in 170 countries. Google translate
Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online. http://bit.ly/30p3Q99
GCR learned that the recently launched Antminer S17e by Bitmain was sold out in a day.
Blackstone CEO Steve Schwarzman– “[Blockchain technology] is a very good idea, and it will end up being adopted because it’s good technology. Applying it to the creation of money is sort of, for my taste, pretty odd.”http://bit.ly/2Ib5kh8
GCR first broke in English news that Binance has made its first strategic investment in China with Chinese media site Mars Finance. The company just completed its third round of financing since starting out last year with investors Binance, Ceyuan Ventures and Matrixport. Ceyuan Ventures is a previous venture founded by the partner of Dragonfly Bo Feng. http://bit.ly/30rbj7w
Join The Premiere Blockchain University and Learn from Jihan Wu and Justin Sun.http://bit.ly/30pLpBc
₿ Coins and Mining
Bitcoin.com Announces Partnership With Taiwan’s HTC-> HTC’s flagship EXODUS 1 smartphone is now the first phone that provides Bitcoin Cash (BCH) support without having to download a BCH wallet from an app store. http://bit.ly/2IaFUA5
Korean branch of crypto exchange OKEx is delisting all five of its listed privacy coins—Dash, Monero, Zcash, Super Bitcoin and Horizen—citing regulatory demands.http://bit.ly/2IbLxhp
Exchange News
Korean exchange Hanbitco’s representative Kim Seong-ah was elected as chairman of the Korea Blockchain Association cryptocurrency exchange. http://bit.ly/30sWfGp
🧳 Business
Facebook’s Libra is not intended to challenge the “monetary sovereignty of nations,” according to cofounder and Calibra CEO David Marcus. http://bit.ly/2Ia6hGo At Ethereal in Tel Aviv, Calibra COO, Tomer Barel, explained that Libra will compete with cash effectively because it’s not owned by a single entity. http://bit.ly/30qq4rj
Blockchain adoption in Africa is on the rise. A look at Nigeria and Kenya http://bit.ly/2LytrIr
Deloitte, a major audit firm, is exploring the use of virtual currency inside the company, and is making efforts such as permitting payments using Bitcoin (BTC) in employee cafeterias.http://bit.ly/2Ic5F2R
Blockchain Smartphones Preparing to Debut One after Another Per Korea Media: http://bit.ly/2Ly0DzH
⚖ Regulations
Chinese Regulators Demand a Clean-Up of Crypto Mining in Inner Mongolia http://bit.ly/2LBK0U5
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