Tuesday News Roundup
Top News from Friday to Today
Messari at Hangzhou international Blockchain Week | DeFi is eating the world. https://bit.ly/38ysoSY
With its forthcoming digital yuan, China will aim to rival the U.S. dollar, not Bitcoin, say experts. https://bit.ly/2NWYkXB
Visa’s head of crypto says CBDC is the most important payment trend in the next decade. https://bit.ly/2O0PibX
Bond Connect turnover rises 145% in June. The average daily turnover of China’s Bond Connect program reached 21.1 billion yuan last month. https://bit.ly/2O2a4bm
Exchange and Investment News
Former OKEx exec’s crypto derivatives exchange ACDX is launching next month. https://bit.ly/38xl3mp
Bexplus review: popular cryptocurrency derivatives exchange. https://bit.ly/2NZXLM
HyperChain Capital CEO says DeFi provides potential growth and investment opportunities for the digital assets management firm. https://bit.ly/2AyI8Zo
Cardano developer house IOHK has made a six-figure investment into Wave Financial, its partner for a new $20 million Cardano fund. https://bit.ly/2Z858YV
Mining
ViaBTC Group and Bitmain Supercomputing Center Research Institute Form Global Partnership to Launch Professional Mining Resources Platform. https://bit.ly/38yUTzz
Coins
Bitcoin price consolidating but what happens if $9K support is lost? https://bit.ly/3e4N7Pp
Business
Ethereum leads top 30 Crypto gainers list again in Q2. https://bit.ly/3f40MY1
China-Australia stand-off could impact Blockchain collaboration. https://bit.ly/2AA0CsD
The controversial Tron CEO Justin Sun warns investors against a Tron-based Defi project after the latter allegedly turned him down. https://bit.ly/3e0rVKl
China stocks boom bullish for Bitcoin? 5 things to watch this week. A turbulent mixture of macro, coupled with expectations of a big move in Bitcoin, could spell an interesting week for traders and holders alike. https://bit.ly/3f2GHS8
Singapore’s Blockchain landscape has grown more than 50% since last year. https://bit.ly/2Z3FXGT
Biggest corporations skeptical of introducing Crypto payment option. https://bit.ly/2C741j4
OneCoin marketing scam operator fined $72,000 in Singapore. https://bit.ly/2O0WAwl
How Infor Nexus is helping to digitalize Asia’s supply chain. https://bit.ly/2O09T06
VeChain is attending the World Artificial Intelligence Conference 2020 hosted by Shanghai Municipal People’s Government. https://prn.to/2ZL2dV1
Regulation
Philippine SEC warns against investment schemes including one based on the Ethreum blockchain it says is a Ponzi scheme. https://bit.ly/3f7Ole2
Insurance companies form alliance in Taiwan. Blockchain-based partnership makes life easier for customers with multiple policies. https://bit.ly/3e1QF4U
Thai authorities are cracking down on drug networks and the methods they use to launder their profits, including cryptocurrency. https://bit.ly/2NX8xTX