Friday News Roundup

Friday News Roundup

Top News from Tuesday to Today

Dforce hack– good or bad for Asia Defi?

GCR Trend Update 2020– all the relevant Asian blockchain countries you need to know.

Starbucks, McDonald’s and Subway could trial China’s central bank digital currency in the city of Xiong’an New Area.

Hacker returns all $25 Million stolen from DeFi Protocol dForce.

China’s Industrial bank publishes first-ever blockchain whitepaper especially made for the banking industry.

Supply chains in chaos – the coronavirus impact on Bitcoin mining.

Chinese Court Rules Ethereum token is protected by law as legal property with ‘economic value’, and Chinese citizens are not barred from owning and transferring them.

?  Exchange and Markets News

New details in KuCoin’s domain lock and legal troubles in Singapore.

A comprehensive look at fees across spot exchanges.

Crypto derivatives exchange FTX launches crude oil futures that expire to the spot price of WTI crude oil, plus $100.

The crypto exchange OKEx’s CEO, Jay Hao, talks about the future of OKEx, shares thoughts on security, says customers come first.

DEX Ecosystem: Q1 Flash Report.


A Shell-backed blockchain startup has raised $2.5M to build an enterprise platform featuring zero-knowledge proofs, led by led by Hong Kong-based venture capital, QBN Capital.

Overstock’s blockchain arm tZERO bags $5 million in funding from Hong Kong equity firm GoldenSand Capitalthrough its latest equity sale.


Increasing Bitcoin mining difficulty in the last week implies miners’ return, Jihan Wu wary of bullish Bitcoin halving narrative.


South Korean tech giant LG is trialing a system that lets employees pay for food using facial recognition and a blockchain-based digital currency. 

Understanding China’s third-party payment institutions when scaling the digital yuan. 

Infinite Fleet, under CEO Samson Mow, announced it would use the security tokens issued by STOKR as development funds.

? Business

A behind-the-scenes look at the impact to and recovery from Asia’s blockchain industry following the initial coronavirus outbreak.

Power Ledger is putting over 100 properties on a blockchain-based microgrid in Australia after signing a three-year deal with property developer Nicheliving.

Blockchain has officially been included in China’s “new infrastructure” plan, along  with other emerging technologies such as cloud computing, artificial intelligence (AI) and the internet of things (IoT).

India’s lift of cryptocurrency trading in the context of COVID-19.


The Japan Security Token Offering Association announced on April 20 it had issued new guidelines to protect clients’ assets and privacy.

Chinese blockchain-based pilot platform completes first cross border trades, companies involved in the blockchain pilot platform praise new systems and claim success with first trades.

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