Binance open up BinanceAmerica; Polkadot on China; Telegram disrupted in HK
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In case you missed it, we announced a few weeks ago that Global Coin Research is introducing a learning workshop series for our premium subscribers. And we have one amazing guest every week. For next week, join us for a special workshop on building Chinese Crypto communities
NEXT FRIDAY- GCR WORKSHOP #3:
An Essential and Practical Guide to Chinese Community in 30 minutes
with Toya from Nervos Network
For the third session of our workshop, we are delighted to have Toya, head of Ecosystem Development for Nervos Network, arguably the largest, native blockchain projects from China in to give us a workshop on Ecosystem Development in China and International. Toya will discuss:
-The nuances of the crypto community in China vs other countries
-The essentials to understand blockchain communities in China
-How can companies from the West build their own communities in China?
and more…
About Our Guest:
Toya is a former member of Ethereum Foundation and a founding partner of EthFans, a Chinese community active since late 2015. EthFans as a publication curated over 2000 translated and original articles and initiated meetups for many well-known projects. Toya later joined her former EF colleague Jan Xie at Nervos Network.
About Nervos:
Nervos Network is building a global trustware suite that aims to unlock the true potential of the decentralized economy. Project founding team include prominent Chinese crypto community members such as a former Ethereum core dev, a former Blockstream research, the Ex-CTO of the largest Ethereum mobile wallet, ImToken.
Checkout Nervos’s token-economic paper.
Details of the Workshop
Date: Next Friday, June 21th, 2019
Time: 7am PT – 7:45am PT / 10am ET – 10:45pm ET
Location: Zoom Dial-in Link
Format: Toya will provide a workshop first, and then we’ll open it up for AMA for our subscribers.
How: ⭐ Become a premium member now for just $150 a year and get immediate access to our workshops series. You’ll also get access to all the Global Coin Research resources and analyses including access to future event discounts and the most important crypto information about Asia delivered to your inbox. ⭐
🌟 Top News in Asia from Tuesday to Today
Binance announced that they will stop accepting US users on Binance.com but will be launching a Binance US, a new trading platform specifically targeting U.S. customers, in partnership with a firm called BAM Trading Services, a FinCEN registered partner. The platform will be operated by BAM, while using Binance’s wallet and matching engine technologies. This move is pretty significant and could introduce good competition into the US exchange space.
Our workshop with Cryptokitties founder Benny Giang on the Crypto gaming landscape in Asia was received super well by our subscribers! Check out our notes and highlights on Tweet storm. A replay will be made available soon.
Messaging platform Telegram has been the target of a cyber attack coinciding with massive street protests in Hong Kong.
In response to the negative sentiment around mining and the recent introduced guidelines around the mining ban: some parts of Sichuan, the mining capital of China, is facing strong supervision from local regulators. The hydropower heavy region of Ganzi announced that they do not allow Bitcoin mining- been turning miners away and mining farms have been demolished.
Web 3 Foundation's co-manager Dieter Fishbein said at China tour that the Polkadot main network is scheduled to go online at the end of 2019, but as latest as early February 2020. Polkadot is recruiting Chinese ambassadors to help organize meet-up activities and Fishbein believes that the Chinese market will become the largest market for Polkadot in the future. http://bit.ly/2wTyQBN
Facebook's yet-to-launch cryptocurrency appears to have attracted three major payments companies as backers, according to a report by The Wall Street Journal. Visa, Mastercard and PayPal are set to be backers of Facebook's cryptocurrency along with a number of other companies, including Uber.
Chinese telecommunications hardware giant Huawei is considering launch of Blockchain Services in Latin America. The company claimed to have several contracts with the Brazilian government for storage solutions and to be in talks for 5G infrastructure deal. http://bit.ly/2F7YtDw
We are Seeing the First Wave of Tech Conglomerates Coming into Crypto Globally. http://bit.ly/2WIeYvU
Don't miss our joint call with The Information next Tuesday on The Facebook Crypto Announcement.
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👍Most Clicked on From the Last Newsletter
Indian Lawmakers Propose Adoption of 10-Year Jail Term for Crypto Dealings, including those who mine, hold, buy and sell cryptocurrencies, as well as those who deal with cryptocurrencies directly or indirectly in the country. http://bit.ly/2XBwy60
Telegram’s Gram tokens will be made available on cryptocurrency exchange Liquid prior to the October launch. A Korean company Gram Asia, the largest holder of Gram tokens in Asia, will be selling a portion of their Gram tokens to the public. https://tcrn.ch/2XG2tCu
GCR Contributor Network: New Blockchain Trends on Japanese markets by Miss Bitcoin Mai. http://bit.ly/2XDAKCa
GCR Contributor Network: Examining the Super App Strategy in Southeast Asia by Bernard Leong. http://bit.ly/2XByUC7
Leading crypto publication CCN.com announced it’s shutting down due to a stark drop in traffic arising from Google’s June 2019 Core Update. CoinDesk, has experienced a 34,6% drop, whereas Cointelegraph has experienced a drop of 21,1% on mobile. http://bit.ly/2XENxUX
Going to Korea for BUIDL on July 22nd and 23rd?
On July 22nd and 23rd, KryptoSeoul is organizing BUIDL 2019, a technical and business forum held at Novotel Ambassador Gangnam. We have partnered up with the team to bring you complimentary tickets to the conference, while supplies last. Become a premium subscriber and we'll set you up!
🤝Deals and Funds
UplandMe, a "Monopoly"-like property game built on the EOS blockchain, has raised $2 million in seed funding, http://bit.ly/2WBKxHH
Beijing-based blockchain security services provider ChainsGuard announced seed financing of tens of millions of RMB ( a few million USD) from JRR Crypto, subsidiary of CCID research group, and DC Capital. http://bit.ly/2wWChYl
💸 Exchange News
Bitfinex announced Friday it has launched a transparency initiative for its exchange token LEO; It’s listing two tokens from the exchange OKEx: its native utility token OKB and the stablecoin USDK. http://bit.ly/2F9KrRJ
BitMEX Observes Increase in Attacks on Accounts, Stresses Security Measures. http://bit.ly/2F8FCIr
Korean Government Lenient Only with Foreign Cryptocurrency Exchanges: An increasing number of foreign cryptocurrency exchanges are entering the South Korean market such as OKex, Huobi, Digifinex. On the other hand, the South Korean government is blocking South Korea exchanges’ overseas transmittance, out of concerns over money laundering.. http://bit.ly/2KNZ4xW
₿ Coins and Mining
Eos Developer Block.one Working with Lobbying Firm on Blockchain Issues; reportedly contributing $30,000 for lobbying activities.. http://bit.ly/2Ie1Vyl
Justin Sun announced that the lunch with Warren Buffet will take place in San Francisco on July 25.
Ampleforth, the first token to be offered on Ethfinex and Bitfinex’s IEO platform Tokinex, reached $5 million in 11 seconds during its initial exchange offering, according to a news release. Jean Louis van Der Velde, CEO of Bitfinex and Ethfinex called the demand for the sale “incredibly high.” We did a conference call with Ampleforth Chief Business Officer on IEOs for our first workshop- listen to it here.
AnChain.AI, an AI-powered blockchain ecosystem security company, released a report showing that the equivalent of $6 million in transaction volume was driven by rampant, malicious bot activity on Dapps in the first quarter of 2019.
PundiX is now integrating the support for Binance Chain. Once completed, BinanceChain developers will be able to list their BEP2 tokens in PundiX payment platform across 25 countries. http://bit.ly/2WG5roY
💼 Business
The largest bank in Korea, KB Kookmin, is venturing into the crypto asset custody market. The bank is reportedly partnering with blockchain startup Atomrigs Lab in order to offer secure safekeeping of digital assets. http://bit.ly/2WEZbOr
Amazon has partnered with United Kingdom-based insurance agency Legal & General to create a blockchain system for managing corporate pension deals. https://reut.rs/2WFj7Rt
Chinese Locals Allegedly Laying Cable via Fish Ponds to Steal Oil Well Power for BTC Mining: http://bit.ly/31t7Gje
Austrian Postal Service Releases Crypto Collectible Stamps, considered the first stamps in the world to be authenticated via blockchain technology. The postal service has reportedly issued 150,000 copies sold at € 6.90 apiece. http://bit.ly/2IeBVmr
⚖ Regulations
Chinese City Offers Rent Subsidies, Cash Rewards to Blockchain Businesses- reportedly up to $86,800 in relief on rent bills per year for three years. http://bit.ly/31z2nPd
Philippines’ CEZA’s Crypto Valley of Asia, claims to be the first economic zone in Asia to regulate, license and propagate offshore financial technology solutions for companies and offshore virtual currency exchanges. http://bit.ly/2IGn57c
This newsletter is brought to you by the Asia Blockchain Summit, taking place on July 2 & 3 at Taipei Marriott in Taiwan.
First 1000 Onsite Registrants on 7/2 Gets Ledger Wallet ABS Limited Edition
Asia Blockchain Summit 2019 (ABS 2019)announced its collaboration with the world-famous hardware wallet company Ledger, who will sponsor 1000 ABS Limited Edition Ledger Wallets based on the classic Ledger Nano S that’s worth $200 to participants of ABS2019. Through the world-class platform of ABS2019, the collaboration is expected to raise global crypto industry’s awareness to asset security.
Asia Blockchain Summit 2019, the biggest blockchain event in Asia, will take place in Taipei, Taiwan on July 2-3, expected to attract over 5,000 blockchain industry elites and over 300 top companies worldwide. Apart from the main agenda, a huge amount of visitor flow and activities held by different companies will also liven up the whole week, making it a non-stop event of “Taipei Blockchain Week”.
It will be an influential event over Asia’s developing situation, bringing up highlights in crypto that draws the world’s attention.
East Asia’s first STO friendly act may be introduced: Following the government's preliminary bill of STO and public hearing in April, the supervisory institution announced that a more complete STO issuance bill will be officially introduced in June or July. By then, Taiwan can have a great chance in becoming the first country in East Asia of STO issuance, changing blockchain industry’s development fate in Asia and opening up more possibilities in the East Asia region.
Binance will organize its first global 1000+ fans meeting, the Binance Super Meetup, during Taipei Blockchain Week.
High participation of the government: In addition to the presence of governments and authorities at all levels, ABS2019 also works in depth with the “Taiwan Congressional Coalition for Blockchain Industry” composed of more than 20 legislators, substantially promoting revolutionary breakthrough in regulations from the government’s angle.
More than 130 top speakers dominating blockchain development in the world will be present, including Nouriel Roubini, Yi He, Arthur Hayes, Andy Bromberg, Charlie Lee, William Bao Bean, GCR founder Joyce Yang, and so on.
Traditional enterprises and large financial institutions are about to enter the field: Taiwan's large traditional banks and the Big Four including KPMG and PWC are all partners of the event.
Ticket price is $150, but get 25% off now using our special code below. Additionally, if you become an annual subscriber now, you may receive free admission to the conference. We have very limited quantities, so while supplies last.