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Tuesday News Roundup

 Top News from Last Week to Today

Binance has acquired Beijing-based blockchain data startup DappReview, which tracks nearly 4,000 decentralized applications (dapps) built on over 10 public blockchains, including Ethereum and Tron. The two firms did not disclose the price of the acquisition. http://bit.ly/2YmkWoV

Softbank’s new debit card has built-in WiFi and can be used for both fiat and digital currency transactions. http://bit.ly/35WyCJO

A thorough coverage on how the poor quality exchanges are escaping China’s crackdowns today. http://bit.ly/2OGtJhT

“Patent thinking” may destroy China’s blockchain industry- a look at how China is trying to “patent” blockchain in contrast with how open source nature of blockchain thus far has allowed the technology to be one of the fastest growing sectors in history.  Google translate

Cutting through the FUD series — China’s crypto crackdown according to the cofounder of Spartan Group. http://bit.ly/2DIAfOW

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Investments

Poloniex Acquires TRXMarket, the Largest DEX in the TRON Ecosystem. http://bit.ly/2rMCmid

Tribe Accelerator, backed by government agency Enterprise Singapore, has raised another 21.5 million Singapore dollars (~$16 million) for participating blockchain startups. http://bit.ly/33Joa6C

Taiwan based accelerator AppWorks reveals the 4 blockchain startups from its latest batch- with focuses including KYC onboarding, content on blockchain, cryptowallet. http://bit.ly/33Kku4G

EOS VC Announces Investment in Blockchain Games Developer Biscuit, creator of EOS Knight. http://bit.ly/34FB72U

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  Coins News

Q3 2019 Galaxy Digital filing shows that they have sold all of their EOS and also sold 3m of their 64m WAX.

How has the Recent Price Drop impacted Bitcoin Miner Profitability? http://bit.ly/2Rc3fqk

Econ Prof Ken Rogoff from Harvard discusses a RMB digital coin and adds “we’ll eventually have a federal reserve coin too.”

EOS New York found that 6 EOS nodes are controlled by the same Chinese group.

Former head of Circle OTC says there’s more to the Tether narrative. http://bit.ly/2rak8Hc

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  Exchange News

OK Group, the operator of cryptocurrency exchange OKEx, said it would set up a digital asset trading laboratory in Sanya, the southernmost city on Hainan Island, China and set to invest $140 million in China to facilitate blockchain adoption. http://bit.ly/2sHtScz

Chinese cryptocurrency exchange IDAX has suspended deposits and withdrawals after its CEO allegedly disappeared. http://bit.ly/2RbVJMb

Upbit Is the Seventh Major Crypto Exchange Hack of 2019. http://bit.ly/2Re55XG

Japanese crypto exchange BitFlyer adds trading support for XRP. http://bit.ly/2rQt2de (As our readers may already know, XRP is a highly traded token in Japan)

Huobi has recently joined the Blockchain Services Network (BSN), an industry alliance initiated by the State Information Center (SIC) – a Chinese government policy-making think tank. http://bit.ly/2LhkmmW

🧳 Business
 

The Indian state of Uttar Pradesh is piloting a blockchain-based solar energy peer-to-peer trading platform. http://bit.ly/33DdqqF

OneConnect, the blockchain arm of insurance company Ping An, is filing for a $500 million U.S. IPO on New York Stock Exchange (NYSE) next Friday, underwritten by Morgan Stanley, Goldman Sachs, JPMorgan Chase and Ping An Securities. http://bit.ly/33MrZbc

Kakao to Launch Crypto Wallet Klip in First Half of 2020. http://bit.ly/2ReXybk

⚖️ Regulations

Although the Bank of Japan’s deputy governor stated earlier this year that it had no plans to launch a digital currency, the Bank’s Institute for Financial Research on Friday released a report exploring legal issues around the issuance of digital currency. http://bit.ly/2sFjvpJ

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