Friday News Roundup

Friday News Roundup

Top News from Tuesday to Today

Chinese state media takes aim at Binance while Huobi looks on. https://bit.ly/30xun83

The legalization of crypto-mining in China – RelayNode China. https://bit.ly/3higbFQ

Leon Li, CEO of Huobi, and the History of Huobi (Part 1). https://bit.ly/2UzTpzm

Bitmain struggle continues as the ousted CEO reportedly halts ASIC deliveries. https://bit.ly/30xv2q0

Grayscale GBTC and ETHE arbitrage risks. https://bit.ly/37pLGJE

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?Exchange and Trading News

BTCUSD Quarterly Futures contract with leverage up to 125x, now available on the Binance. https://bit.ly/2UyY5Wt

Crypto hedge fund Three Arrows Capital now holds 6.26% of Grayscale Bitcoin Trust (GBTC) shares, worth nearly $259 million. https://bit.ly/3fkHL3z

Binance CZ explains the four key criteria to follow in order to build a truly global business. https://bit.ly/3hgvH4Z

It looks like some stolen Bitfinex coins are already back at Bitfinex. https://bit.ly/2YtjyRJ

See the source imageInvestment

India: Mahindra, chairman, Mahindra Group has invested $1 million in Hapramp, a blockchain-based social media startup. https://bit.ly/3fkUxz3

??Mining

Bitcoin miners that come from China had fallen from 75.63% in September 2019 to 65.08% by the end of April. US and Kazakhstan saw increased shares. https://bit.ly/30ygrug

Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month. https://bit.ly/30ui4cx

Institutional and western purchase of mining machines have ramped up since the halving. https://bit.ly/2YtSrWwMiners focus on small minable coins post halving, such as Filecoin and Grin. https://bit.ly/2BYEdWb

A citywide practice exam in Chinese universities just asked students about Bitcoin mining. https://bit.ly/3f9vrmk

?Coins 

Coinbase says it is reviewing 18 new digital assets for possible support, including Vechain. https://bit.ly/3hkaBmo

A PayPal for Ethereum: meet Loopring Pay.  https://bit.ly/2BYpIBJ

Brave is collaborating with a Japanese e-sports team and Korean pop idol group to offer a limited release version of its browser in Japan. https://bit.ly/2Ytkci7

South Korean Merchants are open Open to Accepting Digital Yuan once the COVID-19 pandemic passes and Chinese tourist flow increases in the country.. https://bit.ly/2AhvD4v

? Business

Cambodia to launch blockchain-powered lottery scratchcards. https://bit.ly/3fceiZo

HSBC’s political role extends beyond Hong Kong to internationalizing renminbi. https://bit.ly/2AqlZMP

Moscow said to hire Kaspersky to build voting Blockchain with Bitfury Software. https://bit.ly/3f8STQK

South Korean insurance giant KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients. https://bit.ly/2YrbMrj

The South Korean NH NongHyup Bank has announced a memorandum of understanding to research and develop blockchain-based financial services through a new consortium. https://bit.ly/30zxkF8

Japan-based BitFlyer Blockchain revealed a new blockchain-based new app to allow fair voting at virtual shareholders meetings. https://bit.ly/2AgdDrb

Commercial service on Crypto Garage’s Settlement system, trialed for a year within Japan’s regulatory sandbox, is now available. https://bit.ly/2YnfFh2

Japan homebuilder Sekisui House is utilizing blockchain technology to move it closer to one-stop leases for rental properties. https://bit.ly/3hpIXob

??Regulation

Chinese local governments hit a bump in the road with implementing blockchain applications because stakeholders don’t want to share their data. https://bit.ly/2YsNYTV

Former VP of PBoC says Bitcoin is the most commercial application of Blockchain. https://bit.ly/2YtHLYd

More bank accounts of cryptocurrency over-the-counter (OTC) traders have been frozen as Chinese police have been ramping up efforts to crack down on illicit activities. https://bit.ly/2C0Nltz

South Korea’s second-largest city, Busan, will let its citizens access government services using a blockchain-based identification app developed by Coinplug. https://bit.ly/3fiCSrJ

A Chinese court has found a former bank employee guilty of embezzling millions of yuan to buy bitcoin. https://bit.ly/2YpyiRp

China’s Shanxi province announced that the Shanxi Blockchain Public Chain Infrastructure Construction Project,” a public blockchain project with a budget of 50 million yuan, or around $7 million. https://bit.ly/3heYTcC

Key regulatory developments in Hong Kong and Singapore: May 2020. https://bit.ly/2AqroDB

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