Global Coin Research: Blockchain smart phones on the rise, Binance announces fiat to crypto OTC

Quick Take

  • A summary of the week’s top crypto news in Asia by Global Coin Research

Top News from Friday to Today


BREAKING: Binance co-founder Heyi announces at Shanghai Blockchain Week happening this week that Binance will introduce fiat to crypto OTC within one month. She says that Binance has already connected to fiat systems in 170 countries. Google translate

Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online. Source
GCR learned that the recently launched Antminer S17e by Bitmain was sold out in a day.

Blackstone CEO Steve Schwarzman– “[Blockchain technology] is a very good idea, and it will end up being adopted because it’s good technology. Applying it to the creation of money is sort of, for my taste, pretty odd.” Source

GCR first broke in English news that Binance has made its first strategic investment in China with Chinese media site Mars Finance. The company just completed its third round of financing since starting out last year with investors Binance, Ceyuan Ventures and Matrixport. Ceyuan Ventures is a previous venture founded by the partner of Dragonfly Bo Feng. Source

Coins and Mining Announces Partnership With Taiwan’s HTC-> HTC’s flagship EXODUS 1 smartphone is now the first phone that provides Bitcoin Cash (BCH) support without having to download a BCH wallet from an app store. Source

Korean branch of crypto exchange OKEx is delisting all five of its listed privacy coins — Dash, Monero, Zcash, Super Bitcoin and Horizen — citing regulatory demands. Source

Mike Kennedy, founder of Zelle, is joining Interstellar as the new CEO. Source

Bobby Lee Returns With Ballet, a Crypto Hardware Wallet for the Masses. Source

Exchange News

Korean exchange Hanbitco’s representative Kim Seong-ah was elected as chairman of the Korea Blockchain Association…

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