Top Asia Crypto News Roundup from Oct 17–20

Written by globalcoinrsrch | Published 2018/10/20
Tech Story Tags: tech-newsletters | asia | blockchain | crypto | china

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What Crypto insiders are reading on Asia.

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Global Coin Research is proud to announce that we have joined The Information Accelerator.

We’ve been selected from 100 applicants across 19 countries to become a member of the 2019 class, and we are proud to join alongside China Money Network with Nina Xiang, The Logicwith David Skok and ThePLUG with Sherrell Dorsey.

You can read all about all the members of the class and the publications here.

GCR is founded with a simple mission, to be the most reliable news source for the community that want to stay up to date on Crypto and Blockchain happenings in Asia, and share stories and exclusives you won’t read anywhere else.

We will continue to strive to do our best everyday, and we thank you for all your support thus far.

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🌟 Top News in Asia from Wednesday through Friday

💰 Deals and Funds

Thailand-based blockchain and online payment startup Omise raising an undisclosed financing round led by Japanese venture capital firm Global Brain, joined by Mitsui Fudosan’s corporate venture arm, 31VENTURES, and existing backer Indonesian VC firm Sinar Mas Digital Ventures. http://bit.ly/2J8e86G

TAP secures investment fromAlphabit and FBG Capital. http://bit.ly/2Je0rmN

F2Pool founder’s Cryptocurrency wallet startup Cobo raises $13M Series A to enter the U.S. and Southeast Asia, From Danhua, NEO Global Capital. http://bit.ly/2J6HuSE

NEO Global Development is partnering with Arqit, a leading quantum-resistant technology project: http://bit.ly/2yoUbnF

💰 Coin and Token News

[Incorrect link last time] Amazon web services China division is partnering with public blockchain project Qtum: http://bit.ly/2yk189K

A biased but interesting take on how ICON thinks about it’s relationship with the government and its different departments. A telling perspective of how to succeed in countries like Korea. http://bit.ly/2J74XmQ

Malaysia to Spain: Asian Fintech company completes Ripple blockchain APIpayment: http://bit.ly/2Jd40JX

The first ever gaming DApp to be released on Tron blockchain has reportedly to be a massive hit, reportedly marking up over 10,000 plays on its first day: http://bit.ly/2yrnS7X

💸 Exchange News

Zebpay, one of the biggest exchanges in India, has registered an office in Malta with a view of serving not just citizens and residents of the island nation but also other European countries:http://bit.ly/2PfXLuk

Binance burns more than 1.6 million BNB coins but price drops: http://bit.ly/2J6bdLL

Binance CFO says crypto exchange looking to add new stablecoins: http://bit.ly/2PINcwB

🎌 Regulation News

A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax: http://bit.ly/2PKNHq0

In the wake of the tax scandal that engulfed Chinese actress Fan Bingbing, how can blockchain technology improve the future of the tax system?; http://bit.ly/2R0iQWE

A new paper authored by World Bank Group-linked experts proposes the development of a blockchain network to boost efficiency across government procurement systems worldwide:http://bit.ly/2NOWYeU

China’s unique crypto paradigm- first of a series of posts explaining what’s going on with China’s ban: http://bit.ly/2PJRTWW

💼 Business News

Samsung has launched a new production process of its 7-nanometer Low Power Plus process node, which could reduce mining energy consumption by up to 50 percent:http://bit.ly/2P9FqPb

Accenture and Digital Ventures co-develop and launch first-of-its-kind blockchain solution in Thailand: http://bit.ly/2S4SXpQ

Japanese electric power company partners with bank, university on blockchain research:http://bit.ly/2ypEmNP

In the BTC bear market, the price of second-hand bitcoin mining machines takes a dive towards 10–30 dollars-equivalent of Yuan in China: http://bit.ly/2yqAj3Q

Same group of advocates, different vibe; a follow-up story about those individual investorswho had been exploited by blockchain-related fraud: http://bit.ly/2S2IueD

🎉Our New Podcast is Out! With Founding Partner Roger Lim of Neo Global Capital 🎉

In this episode, Joyce Yang from Global Coin Research met up in Singapore with Roger Lim, one of the founding partners of Neo Global Capital. Roger has been an experienced angel and blockchain investor. He is an advisor for Bluzelle, Qlink, CoinFi, Selfkey, TheKey, Tomocoin, 0Chain, nOS, Open Platform. Prior to getting into crypto, Roger was a successful entrepreneur who founded and sold Webvisions, a cloud hosting company.

In this episode, Roger and Joyce discuss how NGC deploys its $400mn fund from Singapore and China into projects around the world, the NEO ecosystem fund, and how the Asia-based team thinks about the crypto ecosystem in Asia and the US.

About NEO Global Capital: Neo Global Capital is the strategic investment vehicle of the NEO foundation. The firm invests through two funds- one of which is the NEO ecosystem fund that aims to support NEO and it’s ecosystem of dApps and projects. Another fund invests into inspiring projects related to blockchain. The team is split between Singapore and Shanghai. Neo Global Capital’s most recent investments include SKALE Labs, Muzika, Contentos.


Published by HackerNoon on 2018/10/20