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Friday News Roundup

🌟 Top News from Tuesday to Today

Economic Freedom – Ben Chan on Singapore’s future as a global blockchain hub. https://bit.ly/2ynybNj

The raining season period in Sichuan delays and the computing power of the entire network will drop by about 20% after the halving. https://bit.ly/2LMJh1x

GCR founder Joyce Yang along with several other leading Defi and Cefi companies and founders in Asia spoke at ReadyLayerOne on the future of crypto finance in Asia- the replay is now available. https://bit.ly/3bQH3sz

Sequoia China’s founder Neil Shen suggests Hong Kong develop its own cross-border stablecoin. https://yhoo.it/2LLJOkh

The Cypherpunk Women Anthology has been published by Cita Press this week, compiled and edited by Leigh Cuen, with contribution from Global Coin Research founder Joyce Yang along with many other awesome women in the crypto space. https://bit.ly/3gbkiD2

💸Exchange and Trading News

Binance is now aiming to create one of the world’s largest blockchain-based travel agencies. https://bit.ly/36nAGM7

Binance has returned to China as an educational platform, including developing blockchain technology, research and consulting services, blockchain startup incubation, a talent scouting service, blockchain charities, and Binance Chain. https://bit.ly/3cSii0j

An analysis of Uniswap and Kyber trading pairs on both platforms shows that the most popular ones are ETH/DAI, DAI/ETH, USDC/ETH, and ETH/USDC. https://bit.ly/2LQwQS8

🤑Investment

Venture capital firm Sirius Venture Capital has led a $500,000 seed funding in ShuttleOne, a Singapore-based fintech firm that is developing a blockchain platform for financial services. https://bit.ly/2LJ6CBg

MVLLABS (MVL), the parent company of zero-commission ride-hailing operator TADA, has announced the completion of a Series A extension round led by Shinhan Bank, one of South Korea’s largest commercial banks by assets. https://bit.ly/36nCg0v

⛏️Mining

8btc, a crypto media firm in China, has launched a crypto Mining Farm Matching platform in Chinese.It allows miners to find the mining farms they hoped and the mining farms to effectively publicize themselves. https://bit.ly/3bOOa4Q

Some bitcoin mining farms in the Chinese province of Sichuan have been reportedly turning off their mining machines due to electricity shortages. https://bit.ly/36ie13S

The latest models of bitcoin mining machines from Chinese giants MicroBT and Bitmain are the most profitable now after the halving. https://bit.ly/3cUvQbC

Bitcoin’s mining difficulty and hashrate are down, but pool operators expect increase in hashrate in coming weeks. https://bit.ly/3cMEEAp

The last few days have seen Poolin continue to lose considerable hash rate contribution in line with its gradual decline in the last months while F2Pool swells in size. https://bit.ly/36kpG2j

💰Coins

Justin Sun disclosed that he is working with law enforcement to chase after the people who forked the blockchain that his newly-bought social network site, Steem, ran on. https://bit.ly/3cSeVqb

tBTC, a tokenized Bitcoin project launched on the Ethereum network, has been shut down after only two days. https://bit.ly/3bPGjnt

Why have crypto payments fail to takeoff? Hear from merchants and executives from Crypto.com and Pundi X to learn about the current state of crypto payments for retail customers. https://bit.ly/36uM74Z

Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report. https://bit.ly/2WQWfli

Bitcoin price plunged 31% the last time the U.S. imposed tariffs on China. Will this time be any different? https://bit.ly/3cRDm73

🧳Business

Chinese police have recently busted a major cryptocurrency scam that forged Huobi’s website to defraud users. The scam wassuspected of using cryptocurrency OTC transactions for money laundering. https://bit.ly/2LJvSHD

The Philippine Institute for Peace, Violence and Terrorism Research has been tracking transactions made by local terror groups. https://bit.ly/2A1nS1K

Nasdaq to reportedly tighten IPO rules for Chinese firms, crypto potentially affected. https://bit.ly/3cSj2CD

⚖️Regulation

China’s Hainan recently issued a statement to standardize blockchain-related business, which requires all relevant enterprises shall not engage in illegal financing activities of token issuance, engage in the exchange transaction between fiat money and cryptocurrency after the previous encouragement to blockchain industry. https://bit.ly/2WPSDQj

A higher education institution that trains Chinese Communist Party officials has published a new book about cryptocurrency. https://bit.ly/2WNHqjc

Japan-based exchange bitbank discussed the new regulatory changes to the country’s crypto laws. https://bit.ly/3cRWYYZ

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