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Friday News Roundup

 Top News from Tuesday to Today


Binance and Huobi have announced support for the Steem (STEEM) community’s hard fork to create the new Hive network. https://bit.ly/2QsefyE

GCR Trend Update 2020: Crypto Trends in Cambodia. https://bit.ly/2J1qoqe

After passing the Payment Services Act in January, the Monetary Authority of Singapore just clarified their notice around digital payment service providers with a new 73-page set of guidelines.

💸

  Exchange and Markets News

Major Digital Asset Platform OSL Unveils Exchange for Pro Traders. https://bit.ly/3ahonly

Huobi’s derivative platform has introduced a new “partial” liquidation mechanism. addtionally,  it also includes a circuit breaker function, which halts liquidation when large or unusual price movements are detected. https://prn.to/3barSuf

Binance adds P2P trading for 5 Latin American fiat currencies: Brazilian real (BRL), Argentine peso (ARS), Colombian peso (COP), Mexican peso (MXN), and Peruvian sol (PEN). https://bit.ly/2QvyoUy

💸

  Exchange and Markets News

Major Digital Asset Platform OSL Unveils Exchange for Pro Traders. https://bit.ly/3ahonly

Huobi’s derivative platform has introduced a new “partial” liquidation mechanism. addtionally,  it also includes a circuit breaker function, which halts liquidation when large or unusual price movements are detected. https://prn.to/3barSuf

Binance adds P2P trading for 5 Latin American fiat currencies: Brazilian real (BRL), Argentine peso (ARS), Colombian peso (COP), Mexican peso (MXN), and Peruvian sol (PEN). https://bit.ly/2QvyoUy

🤑

Investments

New report from CB Insights found that VC-backed deals in the crypto and blockchain sector have moved from the US to China over the past year: in 2015, 51% of deals were for US-based companies while only 2% went to China-based companies. In 2019, the US’ share of deals fell to 31% and China’s rose to 22%. https://bit.ly/2J4w3vO

⛏️Mining

Bitmain’s Antminer E3 devices are expected to become obsolete in the coming weeks, and new research suggests that this event could have a long-term impact on the ethereum hashrate. https://bit.ly/3bgPsWr

💰

Coins

Ripple Cements Asian Presence Through Partnership With Thai Fintech DeeMoney: https://bit.ly/2x7B4AW

Bitcoin Cash Meetups Go Virtual in Japan to Prevent Coronavirus Spread: https://bit.ly/2U3Dbi2

🧳 Business

China Ever­bright Bank, a major commercial bank in China and one of the world’s largest public companies, is debuting a blockchain-based supply chain finance solution by Ant Financial. https://bit.ly/2wmRUM8

Amid censorship in China of all coronavirus-related content circulating online, a journalist claimed to have managed to publish an interview made to a doctor about the coronavirus within Ethereum network. https://bit.ly/3a1kTng

Some influencers in the Chinese crypto space, bullish on the prospect of bitcoin despite the recent crash, are making predictions that the next bull run may come in the second half of this year. https://bit.ly/3bg1dMN

⚖️Regulations


Two South Korean ministries have announced their support for the blockchain industry in the country with plans to allocate up to $3.2 million in funding to local startups to encourage the use of such technology. https://bit.ly/3a6bvik

Zebpay has confirmed that it underwent an inspection by the Indian government last year, adding that the matter is now closed. https://bit.ly/2UnoB3T

Police officials in India have arrested a woman who stole 64 bitcoins (worth about $430,000) from her former employer. https://bit.ly/2Qx8obc

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