Tuesday News Roundup

Tuesday News Roundup

Top News from Friday to Today

In an out-of-character move, China’s top state-owned TV broadcaster published an article about how Bitcoin’s price could rise after the Bitcoin halving. https://bit.ly/35VQiX1

The chairman of one of the largest telecom providers in China, China Telecom, said that blockchain has high-potential use cases to enhance 5G network services. https://bit.ly/2Wk9kTL

A speech in China last week made clear that the country is struggling with mounting concerns about how it will compete against Facebook’s Libra.https://bit.ly/3bktFwn

Examing the super app strategy adopted by the ride-hailing companies in Southeast Asia. https://bit.ly/35PVb3O

The Financial Supervisory Commission of Taiwan published new STO regulations. https://bit.ly/35RFIjD

?Exchange and Markets News

Crypto Derivatives in 2020: youtube interview FTX/Amber/F2Pool/Skew: https://bit.ly/3bi7tDe

FTX Founder on building in crypto: if we want to rely entirely on a system, we must understand all aspects of it and build it ourselves. https://bit.ly/2xSHhkV

Data from traffic tracking platform SimilarWeb indicates that the number of visits to crypto exchanges fell in April compared to March. https://bit.ly/2xT6lIH

Deribit moved to block users in Japan after the country tightened its crypto rules. Other derivatives exchanges are weighing their options. https://bit.ly/3ctGDJW International fiat digital asset exchange, OKCoin, bringing top brass from Blockchain.com and Coinbase to its front office. https://bit.ly/2xR4JPt

At the 8btc Global Partner Online Summit, Xu Kun (CSO of OKEx), Zhi Ge (co-founder of BiBull), Zhong Lifei (Technical Operation Director of Bytom) along with Wang Tianqi, (Leader of QKL123), discussed predecessors and successors of crypto exchanges. https://bit.ly/3cop1Pw


Bitcoin miners generated $412.5 million in revenue in April, which is 8% more revenue in April as compared to March, thanks to a gradual recovery in bitcoin’s price. https://bit.ly/2LjKLA1

Binance’s entrance to the Bitcoin mining industry could create a great disparity for the Bitcoin community. https://bit.ly/3cnG97Z

Miners in Europe gear up for Bitcoin halving, but energy costs still a barrier. https://bit.ly/3cn0c6D; relatedly, a study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs. https://bit.ly/35MWe4H


While the fear and uncertainty surrounding BTC has decreased before the halving, experts note greed aspect of the F&G Index is rising. https://bit.ly/2Ll35IY

Representatives from the Loom Network have clarified that, though they have pivoted to an enterprise solution, the project remains active. https://bit.ly/3bjxwdn

Vitalik Buterin took on the Bitcoin community on Twitter by tweeting that it’s the Bitcoin community that has a lot of centraklized middlemen like Tether, Bitfinex, and Blockstream’s sidechain called Liquid while Ethereum community is leading the decentralization by using smart contracts. https://bit.ly/2LiRsT1

Varying perspectives trail post-halving expectation. https://bit.ly/2Won7c1

Klaytn, the public blockchain platform developed by Ground X, an affiliate of the major South Korean internet company, Kakao, joined Celo’s Alliance for Prosperity. https://bit.ly/3bmvrgH

China pioneers a national digital currency. Can the U.S. catch up? https://bit.ly/2LlDq33

? Business

Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. https://bit.ly/2LiyPOX

The South Korean blockchain space sees many new platforms trading for unlisted stocks, following an offering from state-backed Koscom last year. https://bit.ly/2WnEVDW

South Korea’s smart city Sejong will be establishing a blockchain-based identity verification platform for self-driving vehicles. https://bit.ly/3comB3m

Blockchain-powered rewards startup MiL.k strikes a partnership with a retail cluster in Seoul downtown, brings the technology to “millions.” https://bit.ly/2xRmDla

Japan’s SBI Holdings is proposing Ripple to partner with multinational corporations to increase transparency and traceability across supply chains. https://bit.ly/2Wk6Gxj

A pilot program is underway in Hainan, China that aims to strengthen cross-border payments via blockchain technology. https://bit.ly/2LkYmY0


Members of the new Asia Pacific Provenance Council are putting their hopes on blockchain technology – as well as the support of Mastercard and Alibaba Australia – to improve the efficiency of supply chains which export $76 bln worth of Australian agricultural surplus to China every year. https://bit.ly/3bhTpJW

China’s central bank tightens regulations on cryptocurrency as well as money laundering. https://bit.ly/2LgUKGb

Leave a Reply

Your email address will not be published. Required fields are marked *

More from GCR

Anthony Avedissian - DAO Investing with Seed Club Ventures

Featured GCR Announcement GCR Exclusive Podcast

Anthony Avedissian – DAO Investing ...

Anthony Avedissian is a Partner at Seed Club Ventures, a $25 million Venture DAO investing in early-stage projects building infrastructure and applications that improve decentralized ...


GCR Community Events Recap

GCR IRL: ETHDenver 2023 was off the hook! The recent ETHDenver meetup was an absolute blast! From February 24th to March 5th, 2023, the GCR ...

Why GCR Invested in Magic Eden?

Featured GCR Exclusive Insights Layer-1 Premium

Why GCR Invested in Magic ...

Introduction In early 2021, the Non-Fungible Token (NFT) market experienced a massive surge in popularity, with sales volume increasing drastically and prominent celebrities, artists and ...