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