Tuesday News Roundup

🌟 Top News from Friday to Today

China after the Bitcoin halving: exchanges, miners, and leeks.
An essential and practical guide to the Chinese crypto community.

Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history.

💸Exchange and Markets News

According to public records, the Ministry of Industry and Information Technology in China approved Binance’s domain name,, in April. The domain name is registered under the company Shanghai Bi Nai Shi Information Technology LLC.

Will Binance’s mining pool dominate the market? Other pool operators don’t think so.

BitMEX’s parent company has unveiled a new developer grant program aimed at building on its previous efforts to provide financial support to those working on open-source projects.

BitMEX and its executives have been accused of engaging in or abetting crimes that include racketeering, money laundering, wire fraud and unlicensed money transmission.

CoinMarketCap just launched alast year rejected the web traffic metric that has catapulted new owners Binance into the top spot.


Japan-based Media Do Holdings will be investing $2.8 million towards distributed ledger technology for the distribution of its e-books.


FTX has become the first notable platform to launch bitcoin hashrate futures. These products help miners to hedge against bitcoin’s mining difficulty adjustments.

💰Coins / Projects

A special collection of CryptoKitties has debuted on Nifty Gateway, the high-brow digital art marketplace backed by the Winklevoss Twins.

The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular, including DC/EP.

Data indicates that someone was propping up Bitcoin Cash at a loss prior to the halving.

Just months after settling with the Securities and Exchange Commission (SEC), is on the receiving end of legal action once again for allegations surrounding its EOS ICO.

🧳 Business

Hong Kong-based cryptocurrency platform announced on Friday its MCO Visa card is now shipping to a total of 31 countries in Europe. The platform claims it is the only crypto card provider offering cards in Asia, the full EU, and the U.S.

Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities.

Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital to explore DLT applications in the banking and financial services industries.

Japan-based JCB is partnering with local venture capital firm TECHFUND to create a sustainable blockchain-based transaction system.


The capital of south China’s Guangdong Province, Guangzhou is aiming to be a famous software Chinese city that has blockchain as its characteristics, according to a local report.

China’s Hainan, an island province undertakes the responsibility of China’s establishment of “supervision sandbox”. The local government keeps a positive attitude to the industry as a major exchange including HuobiOKEx has all settled in.

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