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Tuesday News Roundup

 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

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  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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