Newsletter

Tuesday News Roundup

🌟 Top News from Friday to Today

Around $212 billion worth of money was transferred or settled via Tether (USDT) stablecoin in 2019. https://bit.ly/2X0ktJN

Tezos Southeast Asia on STOs in Thailand, regional attitude to blockchain, and TZ.ventures. https://bit.ly/3gnaplB

💸Exchange and Markets News

Binance turns back on Steem rebels, backs Justin Sun’s hard fork. Despite claiming to oppose the ideals of the controversial hardfork, Binance will now honor its terms. https://bit.ly/2LZk6ZA 

FTX.US goes live, CEO says the crypto exchange has ‘tons of liquidity’ to offer. https://bit.ly/2yvrVDg

An interview with Haipo Yang, a crypto OG who’s trying to reposition his Bitcoin Cash-based CoinEx exchange: the attempted come back of CoinEx, China’s forked-Bitcoin exchange. https://bit.ly/3d4NCJA

🤑Investment

Tan Jieqing, a member of China’s parliament, or National People’s Congress, has recommended setting up a national, government-backed blockchain development fund. https://bit.ly/3c2Mbdh

⛏️Mining

Bitcoin (BTCminers need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. https://bit.ly/2Xtjlxh

Crypto mining in China’s Xinjiang may pay more for thermal power amid grids integration. https://bit.ly/2Tz4UGH

Canaan reveals a narrower net loss in the first quarter of 2020 after a disappointing performance in 2019. https://bit.ly/2LU0SET

💰Coins 

EOS game Upland taps second life tech to sell digital properties for cash. https://bit.ly/2Aats2g

🧳 Business

A Daegu-based university has made a deal with the Korea Artificial Intelligence Association to build a blockchain campus. https://bit.ly/2zipk01

Japanese Crypto Firm builds a new platform that helps blockchain content providers develop and launch new services — potentially transforming industries, such as gaming. https://bit.ly/2TBqt9D

Examine the Bitcoin First Difficulty Adjustment Post 2020 Halving: it will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth. https://bit.ly/3efHDBK

⚖️Regulation

NPC, China’s parliament suggests a government-backed blockchain development fund to build a better governance system. https://bit.ly/2XwBZUY

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