Tuesday News Roundup

Tuesday News Roundup

Top News from Friday to Today

The People’s Bank of China held a teleconference on April 3 in Beijing, China. One of the main points confirmed during the call involved the institution’s continued research and development of a central bank digital currency, or CBDC. https://bit.ly/2V9gAzV

On April 3, twelve major Chinese crypto mining companies came together with leading Chinese blockchain media companies to officially launch an information-sharing platform, called Pow Power. The companies included Canaan, AvalonMiner, Inter Hash, Huobi Pool, OkEx Pool, and others. https://bit.ly/2XdSvut    

Lending Market in China: Miners Are Not Giving Up So Easily Post “Black Friday”.  https://bit.ly/2ULciQk

“Asia, Crypto, and The Coronavirus” – Joyce Yang of Global Coin Research on Flippening. https://bit.ly/3aOGBeI

?  Exchange and Markets News


Report: March was a record-breaking month for crypto exchanges: Binance and FTX represented 22% of the derivatives market share while Binance traded $63.6 billion within the month. https://bit.ly/2RcmDTi

Japan update: Zaif exchange removing three crypto assets, Bitbank’s COO predicting crypto exchange mergers, and Nomura Research Institute issuing Japan’s first blockchain-based bond. https://bit.ly/2yEvW8e

?Investments


A look at China’s most prolific crypto venture firm: The crypto VC firm  Neo Global Capital Ventures, of NEO fame, made a fortune in China during the ICO days. https://bit.ly/2XbNp1Q

?Coins


Coronavirus & Bitcoin Price: Is China Losing Its BTC Mining Monopoly? https://bit.ly/2XfcAkm

Factom Facing Liquidation After Creditor Refuses Request for Funding; Japan Coincheck Had Just Started to use Factom For Trading on April 1 so Addressed the Issue:https://bit.ly/2V7kg5l

Crypto exchange Poloniex has rolled out a new token issuance platform called “LaunchBase.”The platform’s first supported project is Tron’s decentralized stablecoin system called “JUST.” https://bit.ly/2V7Fxfm

Deutsche Bank Strategist: the risk of cash spreading the coronavirus further will motivate authorities to consider digital alternatives. https://bit.ly/3bYrMpQ

? Business

Survey shows that People in India Believe Cryptocurrencies are a Path to Financial Freedom: https://bit.ly/2yH6dw1

A new blockchain course offered by the Australian National University (ANU)’s law school commenced this year with support from Ripple’s University Blockchain Research Initiative (UBRI). https://bit.ly/2V7jtkT

BRI Remittance,  a subsidiary of one of Indonesia’s largest banks, Brings Digital Identity to Banking With Blockchain Partnership..  https://bit.ly/2V3NO3O

Hong Kong-based digital asset custodian Hex Trust announced the integration of R3’s Corda enterprise blockchain with its custody solution. https://bit.ly/3e5fgaj

Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; https://bit.ly/2Xd8b1a

??Regulations

The Bank of Korea announced that it has launched a pilot program for 22 months to assess the logistics of issuing a central bank digital currency —  or CBDC. https://bit.ly/2XeTpXW

CFTC Requests Default After Failing to Find $147M Bitcoin Ponzi Operator. https://bit.ly/2RfnlPw


Leave a Reply

More from GCR

Announcement

GCR Community Events Recap

GCR IRL Engagement @CONSENSUS 2022 HAPPY HOUR @NFT.NYC 2022 Event ________________________________________________________________________________________________________________ GCR AMA Deep Dive call with Andrew Woodruff, Triforce - the Co-Founder of Triforce

What are blockchain bridges, and why do need them?

Featured

What are Blockchain Bridges, and...

When trying to understand blockchain technology and DeFi, the financial and technical jargon can get overwhelming. However, if we break things down into smaller pieces,

Featured

How Should Governments React to...

Note: This is Part 2 of a 2 part series that looks at why governments should care about new technologies like DAOs, and how those