Tuesday News Roundup

 Top News from Friday to Today

China’s to quarantine old Bank Notes, making it a case for its Digital Currency.

After GCR’s reporting of the complete system overhaul, cryptocurrency exchange Fcoin CEO now announce that they expect to default on as much as $125M of users’ bitcoin.

Binance Cloud’s whitelabeled exchange to Allow Users to Launch a Crypto Exchange Within 5 Days:

Japan Crypto Snapshot — Year-to-End Drop in BTC Holdings —an indepth look at the Cryptocurrency Monthly Trade Data published by JVCEA.

Fintech Infrastructure 101 – Overview & Market Landscape by Chris McCann.


  Exchange and Markets News

Bithumb Forms New Partnership with Bitmax to Develop Service and Products:

Binance Holdings has applied for an operating license in Singapore under the country’s new payments legislation.

Binance Opens Won-based Cryptocurrency Purchase Service:



London-based crypto custodian has raised $8 million in Series A funding round to expand globally, including North America and Asia.


Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment.

What’sminer Machine sold about 600,000 mining machines in 2019, making up for 30% of the total network computing power. It’s revenue may reach 9 digits in US dollars.



EOS Price Plummets due to Creator’s Coronavirus Comment despite the Launch of Its Long-Awaited Voice.

Chinese blockchain startup Conflux has hired Eden Dhaliwal, the former head of crypto at Outlier Ventures, as a managing director to lead its expansion in North America.

Enjin has announced the launch of its game development platform on Ethereum.

🧳 Business

The latest Chinese digital currency developments are unlikely to impact crypto assets in the long-term, as the issuance of a digital yuan would be tightly controlled with no public mining or trading with existing cryptos.

China: Blockchain Deployment Rises Amid Coronavirus Outbreak.


Japan Uneased by Chinese CBDC, Plans on Digital Yen in ‘2 to 3’ Years:

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