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Friday News Roundup

 Top News from Tuesday to Today

Binance just crossed a whopping $1 billion in cumulative profit as of Sept. 30, 2019, http://bit.ly/2BlaRxN

Ethereum-based game Gods Unchained wants to convince Hearthstone gamers to switch over by taking a stand on Hong Kong protests. It appears to be working. http://bit.ly/2BnjIPq

Cointelegraph, the cryptocurrency-related web media, is now blocked in Russia. http://bit.ly/32rimiz

Canaan, the second-largest mining company, expects $1 Billion+ from Avalonminer Sales in 2020 as Buying Interest Increases. http://bit.ly/2pAKl0p

Dunamu, the operator of Upbit, the largest Korean exchange, to launch comprehensive OTC platform. http://bit.ly/2P5nS6J

Technical foul: Chinese traders in online sneaker market punish NBA after HK controversy.
https://reut.rs/31lqDmB

The Cambodian central bank is testing Bakong, which is implemented at Hyperledger Iroha, to reduce the costs of international remittances. http://bit.ly/2J1fpO0

💸

  Coins News

Bitcoin has failed as a means of payment or store of value: G7 report. http://bit.ly/32u46FF

Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies. http://bit.ly/2BlllNx

Footwear manufacturer New Balance Athletics Inc. announced today the launch of a pilot program to track the authenticity of its newest basketball shoe using  Input Output Hong Kong’s Cardano blockchain. http://bit.ly/32lDWox

💸

  Exchange News

Exchange Bitfinex has just launched a new loyalty program, claiming to offer users an opportunity to earn “unlimited” commissions. http://bit.ly/2BofiYo

Huobi Global will soon allow residents of Turkey to buy cryptocurrencies with their local fiat currency, the Turkish lira. http://bit.ly/2pwBr4l

KuCoin’s derivatives platform launching bitcoin monthly futures in ‘few weeks’. http://bit.ly/2nRxHK2

Binance’s futures trading platform, Binance Futures, has just increased leverage up to 125 times from 20 times earlier.

DDEX introduced new Margin Trading & Lending Platform. http://bit.ly/2VNX1xg

🧳 Business

The World Blockchain Conference (Wuzhen) in China is to be Held on November 8th-9th . Committed speakers including Emin Gün Sirer, Dawn Song, and many Chinese tech conglomerates’ blockchain executives.  http://bit.ly/31lA8T2

Owner of Burj Khalifa, world’s tallest building, launching its native token on JPMorgan’s blockchain. http://bit.ly/2oSmARH

New York Broadway’s largest theater company, Shubert Organization, has decided to partner with startup True Tickets to combat ticket fraud and introduce IBM’s blockchain platform for ticket sales services. http://bit.ly/2MqE6Wj

Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia. http://bit.ly/2VQTK01

A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction. http://bit.ly/35ITm8i

⚖️ Regulation

Canada Exploring Digital Currency to Track People’s Spending Habits: The Canadian central bank is reportedly considering launching a proprietary digital currency. http://bit.ly/2MpvbEh

Japan’s internal affairs and communications minister, Sanae Takaichi, confirmed to ministers in the country that crypto donations are not subject to financial regulations. http://bit.ly/2MoxiIF

The South Korean government is planning to establish a digital trade foundation to reduce the costs of trade by using blockchain technology. http://bit.ly/2VXKVBO

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