Friday News Roundup

Friday News Roundup

 Top News from Tuesday to Today

Huobi Annual Financials – Reduction in Headcount by 17%.

Planning for 2020? Here are the Top Events in Asia to Put on Your Calendar.

Breaking: China’s State TV Again Criticizes Fraudulent ICO Behavior, Cities to Crack Down on Crypto Influencers.

As part of the crackdown efforts, at least six Chinese cryptocurrency exchanges have suspended or chosen to terminate operations in response to Beijing’s rigid stance last month; Shenzhen prosecutes 6 companies for their ICOs: KAN, VSC, HOB, BST, MCC.

Cutting Through the FUD Part IV — The Threat of Central Bank Digital Currencies.

Due to the holidays, there will be no newsletter next Tuesday.


MakerDAO receives $27.5M from Dragonfly and Paradigm to expand into Asia., a cryptocurrency tax analysis and blockchain analytics startup, announced a strategic seed raise of $3.4M. Vestigo Ventures led the round and is joined by Gumi Cryptos, Castle Island Ventures, Unblock Ventures, and Migration Capital.

Japanese financial services giant SBI Group and German stock exchange operator Boerse Stuttgart Group have joined hands to expand their cryptocurrency-related businesses across Asia and Europe.


  Exchange News

Binance has made a strategic investment in crypto derivatives exchange FTX.

Binance Singapore Blocks Withdrawals to Privacy-Focused Bitcoin Wallet.

Bitfinex removed fees for deposits of less than $1,000 in cryptocurrencies or stablecoins. It’ll still cost 0.1 percent in fees to deposit fiat currencies, and there’s a $60 minimum, too.

Bitmex research on Canaan’s IPO.

Alameda announced that the nuisance suit against Alameda and FTX was voluntarily dismissed with prejudice.

BLADE, a Coinbase-backed crypto derivatives exchange, has axed its trading fees in a bid to wrest some market share from perpetual swap giant BitMEX.



Fenbushi Capital has entered into staking business. Fenbushi has partnered with staking-as-a-service startup Staked for the initiative.

Bitmain has laid off its global sales lead amid a broader reshuffling of its executive sales team and a refocusing on bitcoin miner sales.

Blockchain payment startup Terra expands to Singapore, hires ex-Uber exec.

CMCC Global, a Hong Kong-based venture capital firm, has hired Zhao Chen from Neo Global Development, one of the largest blockchain companies in China.

Chinese project Conflux founder says that mainnet is expected to be online in late March 2020.

Chinese Bitcoin Miner Maker Ebang was Involved in Criminal Case, which may affect its IPO plans.

Mining Leader Interview Series – Poolin COO Chris Zhu.

? Business

China fitness scandal Qubu throws light on blockchain scams.

UN migration agency, Hong Kong firm launch blockchain tool to prevent exploitation of domestic workers.

AMF Approves France’s First Initial Coin Offering (French-ICO).

Hydropower Stations in China’s Sichuan Were Fined for Feeding Bitcoin Farms in Private. The two power stations have not obtained the “power supply business license“.

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