Friday News Roundup

Friday News Roundup

Top News from Tuesday to Today

Dforce hack– good or bad for Asia Defi? https://bit.ly/2KunX08

GCR Trend Update 2020– all the relevant Asian blockchain countries you need to know. https://bit.ly/2XWZmJ8

Starbucks, McDonald’s and Subway could trial China’s central bank digital currency in the city of Xiong’an New Area. https://bit.ly/353aWEm

Hacker returns all $25 Million stolen from DeFi Protocol dForce. https://bit.ly/2VxbZt6

China’s Industrial bank publishes first-ever blockchain whitepaper especially made for the banking industry. https://bit.ly/3bwDAA9

Supply chains in chaos – the coronavirus impact on Bitcoin mining. https://bit.ly/2S2DTuz

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. https://bit.ly/2x2Bnxb

?  Exchange and Markets News

New details in KuCoin’s domain lock and legal troubles in Singapore. https://bit.ly/3bDmosQ

A comprehensive look at fees across spot exchanges. https://bit.ly/2VzQXKp

Crypto derivatives exchange FTX launches crude oil futures that expire to the spot price of WTI crude oil, plus $100. https://bit.ly/3bxUSwK

The crypto exchange OKEx’s CEO, Jay Hao, talks about the future of OKEx, shares thoughts on security, says customers come first. https://bit.ly/2Y0VpmH

DEX Ecosystem: Q1 Flash Report. https://bit.ly/2S0SqXP

?Investment

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. https://bit.ly/2yFB23P

Overstock’s blockchain arm tZERO bags $5 million in funding from Hong Kong equity firm GoldenSand Capitalthrough its latest equity sale. https://bit.ly/3cEui59

??Mining

Increasing Bitcoin mining difficulty in the last week implies miners’ return, Jihan Wu wary of bullish Bitcoin halving narrative. https://bit.ly/2yElxcq

?Coins

South Korean tech giant LG is trialing a system that lets employees pay for food using facial recognition and a blockchain-based digital currency. https://bit.ly/2x72c3u 

Understanding China’s third-party payment institutions when scaling the digital yuan. https://bit.ly/3byVRN3 

Infinite Fleet, under CEO Samson Mow, announced it would use the security tokens issued by STOKR as development funds. https://bit.ly/2XX44GY

? Business

A behind-the-scenes look at the impact to and recovery from Asia’s blockchain industry following the initial coronavirus outbreak. https://bit.ly/2S0SB5o

Power Ledger is putting over 100 properties on a blockchain-based microgrid in Australia after signing a three-year deal with property developer Nicheliving. https://bit.ly/2KuVWWm

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). https://bit.ly/2Vu3Nd0

India’s lift of cryptocurrency trading in the context of COVID-19. https://bit.ly/2S0PASt

??Regulation

The Japan Security Token Offering Association announced on April 20 it had issued new guidelines to protect clients’ assets and privacy. https://bit.ly/3bwAxId

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. https://bit.ly/3cHC7a8

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