Friday News Roundup

Friday News Roundup

Top News from Tuesday to Today

Poloniex seems to be quite defensive about its recent partnership with TRON. The exchange reacted to a Twitter thread by Digibyte co-founder Jared Tate, immediately announcing a pending delisting of DGB.

5 Key Takeaways on Globalization from CEO of Makerdao; “The Bitcoin price is entirely based on a relatively small number of centralized exchanges, mostly out of China and the US”.

How has the Recent Price Drop impacted Bitcoin Miner Profitability?

Cointelegraph announces Chinese HQ, setup by a number of local folks with investing backgrounds. | Also announces consulting division, in partnership with Insolar and VeChain.

Bank of Japan Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency (CBDC) in the country.


Crypto Funds Are Closing While the Biggest Investors Stand Aside.

Multicoin Capital Hires Principal Mable Jiang from Nirvana Capital to head Beijing office.

Eight former core developers from financial services company Morgan Stanley have launched Phemex, a new cryptocurrency derivatives trading platform, in Singapore.

Mobility ecosystem MVL, the company behind ride-hailing firm Tada, has raised $5 million in its Series A funding round, led by South Korean venture capital firm SV Investment and two South Korea’s largest car parts manufacturers – Central and SIMWON Inc.

?  Exchange News

BitFlyer Europe users can now buy crypto with credit cards.

Binance has officially denied media reports which claimed that it is acquiring bankrupt Union Bank AG based in Europe.

Xu Kun, chief strategy officer of OKEx, just announced on Chinese Twitter that options products are about to start beta testing.

? Business

DXM, the blockchain subsidiary of UpBit operator Dunamu, has tied with crypto hardware wallet manufacturer Ledger to launch an institution-focused custody service.

Chinese Bitcoin Miner Maker Ebang Is Planning a U.S. IPO Following Canaan and Bitmain.

China’s Great Firewall, a tool used to ban Chinese citizens from using sites like Google and Facebook, has blocked Etherscan.

Mizuho Bank of Japan announced that it will start using its digital currency payment application “J Coin Pay” for corporate fee settlement services in January 2020. Google translate

South Korea’s largest telecoms provider, KT Corporation, is boosting a partnership with China Mobile targeting blockchain technology and 5G roaming.

Security researchers have discovered a new cryptocurrency-related macOS malware believed to be the product of North Korean hackers at the Lazarus Group.

?? Regulations

China is launching a range of blockchain and financial programs in a bid to boost its relationship with countries participating in the Belt and Road Initiative.

China’s Hainan Free Trade Zone Pledges $140M in New Blockchain Support:

Hong Kong, Thailand to roll out two-tier tokens in digital currency prototype to speed up cross-border trade settlement.

Former PBOC Zhou Xiaochuan: Global digital currency needs a global central bank-like institution. Google translate

Hong Kong Exchange chief says city is a springboard for tech, blockchain opportunities.

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