Tuesday News Roundup

Tuesday News Roundup

 Top News from Friday to Today

Steemit, now under Justin Sun, has utilized the resources of top exchanges like Huobi, Binance, and Poloniex to reverse a recent network change, prompting a community outcry. http://bit.ly/32KlGGx

Chinese Crypto and Blockchain Firms Grapple With Coronavirus Outbreak. http://bit.ly/3amQ9wW

Filecoin has delayed yet again its mainnet launch date, claiming the reason to be the coronavirus in China. http://bit.ly/32LxacT

Rakuten Group’s crypto-asset exchange “Rakuten Wallet” announced on February 2 that it will launch “Crypto Asset Margin Trading Service (Leverage Trading). Google translate

A key member of the blockchain advisory board for South Korea’s financial watchdog has said that lack of real-world usage is preventing growth in crypto. http://bit.ly/2TdQkF0

?

  Exchange and Markets News

Binance’s new integration with Istanbul-based Akbank will allow users to seamlessly transfer Turkish lira to and from their exchange accounts. http://bit.ly/2IgQ01S

LINE Opens Cryptocurrency Exchange where Cryptocurrencies Can Be Traded with U.S. Dollars. http://bit.ly/2IcUoyO

Huobi announced Saturday its proprietary network, Huobi Chain, had been successfully deployed on its testnet. Developed in collaboration with layer-1 protocol provider Nervos, Huobi said its new blockchain will allow businesses and regulators to determine the rules of the road for the emerging DeFi space. http://bit.ly/39hY2Ua

Coinbase yet to receive an operating license in Japan but it just joined Japan’s Self-Regulatory Organization for Crypto Firms. http://bit.ly/2Tf5idK

Top Highlights on the Crypto Derivatives Markets in 2020 with FTX CEO Sam Bankman-Fried. http://bit.ly/3anORSd

Bitfinex says it has repaid Tether another $100M of outstanding loan. http://bit.ly/38hi8wu

?

Investments

The operator of the Swiss Stock Exchange has invested in undisclosed sum in Omniex, which develops technology and services to make it easier for financial institutions to trade cryptocurrencies. http://bit.ly/2wkkDRm

U.S. esports and gaming entertainment organization Tempo Storm secured a $3.3M USD financing round led by technology investor Galaxy Interactive through its Galaxy EOS VC Fund. http://bit.ly/39gT3Dl

??Mining

Bitmain announced two new bitcoin mining models, Antminer S19 Pro and S19, which boast to offer “incredible performance”. http://bit.ly/398JTZd

?

Coins

The Litecoin Foundation has announced a partnership with MeconCash to roll-out Litecoin (LTC) to Korean won withdrawals and remittances from 13,000 ATMs in South Korea. http://bit.ly/2TAyj2r

Bitfinex will be removing 50 coins trading pairs this week, mostly due to low liquidity on the platform. http://bit.ly/39vvGpL

? Business

Korean Naver and Kakao Are Advised to Prepare for Financial Digital War with US and China. http://bit.ly/2uKg56i

Dubai International Financial Center Signs MoU for Tech Development with Singapore’s Tribal Accelerator for Blockchain and DLT Initiatives. http://bit.ly/2Ie2tn6

??Regulations


U.S. sanctions Chinese nationals accused of laundering millions in stolen crypto for North Korea-tied hackers. http://bit.ly/2TdPNmu

Leave a Reply

More from GCR

GCR Announcement GCR Exclusive Podcast

David Gan – Emerging Markets...

Our guest today is David Gan, Founder and General Partner of OP Crypto.  OP Crypto invests in digital assets out of two funds - the

Featured

ETH2 Staking vs Competing L1s

Introduction Layer 1 tokens are inherently difficult to value. One way to approach valuation is to utilize a number of dimensions to compare them to

Community

GCR Community Report

Introduction Global Coin Research (GCR) is a research and investment DAO focused on Web3. Our mission is to pioneer the future of community-driven investing. At