Friday News Roundup
Top News from Friday to Today
Crypto exchanges OKEx and Bitfinex hit by DDoS attacks, no users impacted but exchanges claim competitor(s) were behind it. http://bit.ly/2T82wag
Bitmain’s Antminer E3, once the “world’s most powerful” hardware for mining Ether (ETH), will allegedly stop Ethereum mining in April 2020. http://bit.ly/2T81P0E
GCR Trend Update 2020: Crypto Trends in the Philippines (This is an ongoing GCR weekly series in where we examine the crypto trends in various Asian countries, check out our updates on Malaysia, Indonesia and more)
China’s Digital Yuan Research Delayed Amid Coronavirus Epidemic. http://bit.ly/2wVxkm1
Hong Kong’s financial watchdog launches crypto exchange crackdown. Alignswith Abu Dhabi Change Crypto Regulations to Align With FATF. http://bit.ly/3agnYjb
China’s FCoin plans to reopen, return $130 million in missing Bitcoin. http://bit.ly/2I7Hr9q
Exchange and Markets News
FTX is selling its equity for bitcoin and other payment methods. http://bit.ly/2SV2yCd
FCoin Exchange Shutdown: Technical Difficulties or Planned Scam? http://bit.ly/37YtdSM
Binance Adds Hong Kong Dollars to Fiat Gateway. http://bit.ly/38Y3OtN
Investments
PLMP Venture Capital, the investment arm of Singaporean blockchain firm PLMP Fintech, has secured an asset and fund management license from the Securities and Exchange Commission of Cambodia (SECC). http://bit.ly/2uCkiJf
⛏️Mining
Bitmain announced two new bitcoin mining models, Antminer S19 Pro and S19, which boast to offer “incredible performance”. http://bit.ly/398JTZd
Coins
Ripple continues its global expansion with yet another XRP cross-border payments partner; this time with an initial focus on the Philippines. http://bit.ly/398HEFv | also South Korea. http://bit.ly/2vfrIme
Japanese Coincheck Announces Qtum Soon Available for Trading. http://bit.ly/398Atgz
TRON’s 2020 summit for next week has been postponed indefinitely due to coronavirus. http://bit.ly/32ykaqE
🧳 Business
Hong Kong-based cryptocurrency payments provider Crypto.com announced a partnership with cryptocurrency-friendly travel booking platform Travala.com. http://bit.ly/2I3KP5i
South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System. http://bit.ly/2Tlmbm6
⚖️Regulations
Chinese Communist Party Exec Wants State Monopoly on Digital Currency: http://bit.ly/398Y1BP
South Korean tax experts have advised the Korean government to apply a low-level trading tax on cryptocurrency profits before subjecting citizens to a transfer income tax. http://bit.ly/2HQRlwn
