Tuesday News Roundup

🌟 Top News from Friday to Today

Chinese TON community to launch Telegram’s abandoned crypto project.

While Trump orders pension fund to halt Chinese investments, Fidelity and Renaissance have increased shares of mining company Canaan Inc.

Government-oriented blockchain projects are advancing slowly, and some of them even remained stalled in most places in China even blockchain industry has been intensively distributed all over the country..

Tension between the U.S. and China is rising again over Hong Kong and there is an indication that it could lead to a full-blown financial tussle which could invariably have an impact on the cryptocurrency market.

China’s Yunnan demands cleanup of Bitcoin mining operations with 64 facilities ordered to dismantle.

💸Exchange and Markets News

New data shows that Coinbase is the largest bitcoin holder among exchanges, followed by Huobi and Binance.

Indian Exchange ZebPay has teamed up with Chainalysis to monitor transactions in India as the firm re-expands services in its home country.


The wet season in Sichuan normally leads to a spike in Bitcoin’s hash rate. Will the same happen this year?

The head of Ripple SBI Asia asserts that hashpower is migrating from east to west, however, notes that significant tensions remain between Chinese and U.S. mining firms.

Bitmain releases cheaper bitcoin miner as it loses market share to MicroBT; expands hardware repair training course to miners in North America.


Tether stablecoin launches on OMG Network as Ethereum is ‘vulnerable to severe network congestion’.

Yasuo Matsuda of FXCoin sees the economic sanctions on Chinese traders in the midst of the pandemic as more likely to drive them to Bitcoin.

🧳 Business

BTC has entered the era of low inflation, it is a good time to hoard computing power after Bitcoin’s halving.

The biggest port operator in China joined the e-commerce giant and Ant Financial to strengthen blockchain’s adoption across the port industry.

After Roger Ver posted a video of a Hong Kong vending machine accepting Bitcoin Cash (BCH) and not Bitcoin (BTC), trader and YouTuber Tone Vays claimed Ver paid for the vending machine to avoid accepting BTC. Ver denied such claims.

Alongside the internet, cryptocurrencies have made the world a global village. Here is a list of countries that are ideal for crypto enthusiasts to live in, including Singapore.


South Korean lawmakers propose tax on crypto profits.

Protests in Hong Kong and Minneapolis show the need for privacy and Bitcoin.

Russian post-office head arrested for illegally mining crypto.

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