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Friday News Roundup

 Top News from Tuesday to Today

Binance Announces CoinMarketCap Acquisition, Founder and CEO steps down. https://bit.ly/2UDYEyI

GCR Trend Update 2020: Crypto Trends in South Korea. https://bit.ly/2R8ZCR9

Working on Those Soft Skills: Hashkey Group Head of Ecosystems Ben El-Baz on How to Manage Cultural Differences in Blockchain. https://bit.ly/2X2VYfu

PBoC-Backed Internet Finance Regulatory Group Reiterate Warming Against Virtual Currency, Speculation:“For example, against the backdrop of current turbulence of financial markets, virtual currencies are hyped as “safer hedge assets than gold and silver” by some exchanges, whereas in reality plummet in virtual currency prices caused dramatic economic losses to many investors,”  https://bit.ly/342WZpo

Crypto Futures Speculators in China: 125× Leverage, $2 Billion Loss Overnight on March 12th. https://bit.ly/2xFCx1E

💸

  Exchange and Markets News

Coinlife first reported Binance’s plan to build a new bitcoin mining pool. The move was later confirmed by Binance CEO Changpeng Zhao in a Wednesday tweet.

Crypto exchanges including Binance and Coinbase are expanding their operations in Asia. While Binance is launching in South Korea, Coinbase and BitMEX are looking to invest in Japan and India respectively. https://bit.ly/3aCr8ye

The chief technology officer for Tether and Bitfinex believes the USDT stablecoin can inject much-needed liquidity and stability into the emerging decentralized finance (DeFi) space. https://bit.ly/3dSBQ5V

Binance launches over-the-counter block trading platform with minimum transaction amount of USD 10,000. https://bit.ly/343HmxM

BitMax.io, a Singapore registered digital asset trading platform, has launched a new staking product with initial support for Cosmos (ATOM) and Tezos (XTZ) before expanding coverage to other digital assets. https://bit.ly/2JLL85T

🤑

Investments

BSOS, a Taiwan blockchain technology company, raises over $1 million, which included $666,000 from the National Development Council. https://bit.ly/343bZna

⛏️Mining

Bitmain has released new firmware to prolong the lifespan of its ETH-mining Antiminer E3 product. https://yhoo.it/2vZMDtH

💰

Coins

Hex Trust becomes the first licensed digital asset custodian in Hong Kong to support R3’s blockchain platform, Corda. https://yhoo.it/3aFsKaz

🧳 Business

Hong Kong-based Diginex, which provides cryptocurrency and blockchain services, has appointed a former UBS executive as head of Asia operations. https://bit.ly/3dImO2i
Alleged Korean Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero. https://bit.ly/3dPmLll

Alleged Korean Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero. https://bit.ly/3dPmLll

⚖️Regulations

The Philippines Securities and Exchange Commission (SEC) warned of a crypto Ponzi scheme targeting Filipino, Australian, and European investors offering 300% Daily Returns. https://bit.ly/2R36mzR

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