Friday News Roundup

Friday News Roundup

 Top News from Last Week to This Week

Highlights from Polkadot’s  2019 recap with strong focus on Asia: 3 tours of China; Polkadot Incubator launched with Longhash out of Singapore; Polkaworld hackathon saw twenty-two teams compete in Hangzhou, China.

In advance of the  Bitcoin Halving?Bitmain to Further Cut Half of Its Personnel by Chinese New Year.  Prior to that,  Jihan Wu just recently started a round of salary increase for all employees, and most of the employees apart from the management have got about 20% increased salary.

WSJ: How China’s New Cryptocurrency Could Track Money Flows, Challenge Facebook’s Libra.

Ousted Bitmain Co-Founder Wages Battle for Control in Court.

Global Coin Research: A Look Back on 2019 and Our 2020 Vision.

Global Coin Research’s Top 10 Stories of 2019.


  Investments and Finance

Maskbook founding team secures strategic investment from HashKey Capital.

Shenzhen-based asset management firm Penghua Fund put in an application for a blockchain-focused exchange-traded-fund (ETF), Penghua Shenzhen Stocks, to China’s securities commission, CSRC. If approved, it’d be the country’s first publicly available blockchain ETF fund.


  Exchange News

Talo and Amber Group have introduced KeeperDAO- a protocol that economically incentivizes pooled participation in ‘keeper’ strategies which manage liquidations and rebalances on applications spanning margin trading, lending and exchange.

Binance DEX announced that the total number of projects on Binance Chain currently reached 165.

South Korea slapped the country’s largest cryptocurrency exchange Bithumb Korea with a tax bill of 80.3 billion won ($69.3 million), marking the government’s first taxation on cryptocurrency trading.

CTO of Bitfinex: In 2020 top-tier exchanges will enter in a more mature phase of the crypto-industry where the technological battle will intensify (Lightning Network support, DEXes, non-custodial trading, …)

Huobi Indonesia Launches Rupiah Fiat Gateway.



IOTA says it has resolved mainnet issues; network transactions are going through. The network was reportedly unable to process transactions for 15+ hours on Wednesday.

Argo Blockchain is installing new 3,616 Bitmain machines to increase its mining capacity by 75%.

Blockchain peer-to-peer content sharing platform DLive will migrate from Tendermint-based protocol to the TRON blockchain, and use BitTorrent’s decentralized file-sharing system, BTFS, for storage.

F2pool founder thinks that Cosmos maybe the second Ethereum.

? Business

While Apple rejects the dapp world, it’s South Korean rival Samsung is encouraging them—another sign that the East is leading the way in Web3 technology.


South Korea is setting up a task force to research the possibility of launching a state-backed digital currency.

To relieve the difficulty of financing cost of small and medium-sized enterprises, Guangdong launched a blockchain-based financing platform and issued the first online unsecured blockchain financing loan in China.

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