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Tuesday News Roundup

2020 vision

 Top News from Friday to Today


Crypto companies lending their support for the Wuhan virus: Binance to donate money and masks, Huobi to donate money and masks

A Look at The Largest Crypto-Backed Lenders in Asia- Matrixport, OKEx, Binance, Babel and more. http://bit.ly/2GC6voh

Global Coin Research’s take on the Wuhan virus impact on Bitcoin prices. http://bit.ly/2U5Ao8K

Looking back at Trends in China in crypto in 2019: The gap widened between coin circle and the chain circle. http://bit.ly/2U4WDLK

Head of Binance futures: futures volume already 3-4 times the spot, the average daily trading volume already exceed 300,000 BTC. Google translate

A Timeline of Bitcoin in China. http://bit.ly/37GXLcM

💸

  Exchange News
 

Binance invests undisclosed sum in Taiwanese data monetization startup Numbers. http://bit.ly/2tWB6dy

🤑

Investments

Korean blockchain game developer SuperTree receives $2.5M in Series A funding, led by Korea Investment Partners and SBI Korea. http://bit.ly/2O6pjQU

Polkadot Closes Token Sale, Claims $1.2 Billion Valuation. http://bit.ly/38Niuvm

Ripple investor SBI, Visa join $80M round for remittance startup Currencycloud. http://bit.ly/2RX9SeX

Standard Chartered invests in Singapore-based blockchain network Contour based on the R3’s Corda platform. http://bit.ly/3aJpc7s

Court Documents Reveal More Possible Investors in Telegram’s $1.7B ICO- Kleiner Perkins, Fortress, Draper Dragon, Dragoneer, DRW Holdings and Redpoint. http://bit.ly/38GxsTU

💰

Coins

Bitcoin Mining Pools Pocket in Multimillions While Many Cloud Mining Products Lose Money- Bitcoin mining pools earned an average of over $4.28 million from bitcoin transaction fees in 2019, with BTC.com making the most of more than $26.22 million. http://bit.ly/38AS4Nw

Tron CEO Justin Sun hit with racial discrimination lawsuit from former employees. http://bit.ly/3aQ6OKo

🧳 Business
 

Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments. http://bit.ly/2RpovJ7

⚖️Regulations


New Singapore law requires crypto firms to be licensed in the country. http://bit.ly/2tZyRGn

The Reserve Bank of India has said it had not banned cryptocurrencies such as Bitcoin in India, but only ringfenced regulated entities like banks from risks associated with trading of such virtual instruments. http://bit.ly/2S1IWdU

A new presidential decree in Uzbekistan envisages the introduction of tax exemptions for income obtained from operations involving crypto assets, with the launch of its first crypto exchange. http://bit.ly/38K99EE

US Judge McAliley has denied United Corp’s request for an extension to serve accusations to Bitmain around the claim that Bitmain were involved in a scheme to hijack the network of Bitcoin Cash. http://bit.ly/3aPi6hV

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