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 cryptocurrency exchange. Source

Non-custodial exchange KyberSwap rolls out fiat-to-crypto gateway. Source

U.S.-based cryptocurrency exchange Coinbase is evaluating the launch of an initial exchange offering (IEO) platform in the near future. Source

Huobi Group Founder and CEO Leon Li has been named CEO, Chairman of the Board, and Executive Director of the Board of Hong Kong Stock Exchange-listed firm Pantronics Holdings Limited. Under a new proposal, the name of Pantronics may be changed to Huobi Technology Holdings Limited. Source


Facebook’s Libra is not intended to challenge the “monetary sovereignty of nations,” according to cofounder and Calibra CEO David Marcus. At Ethereal in Tel Aviv, Calibra COO, Tomer Barel, explained that Libra will compete with cash effectively because it’s not owned by a single entity. Source

Blockchain adoption in Africa is on the rise. A look at Nigeria and Kenya. Source

Deloitte, a major audit firm, is exploring the use of virtual currency inside the company, and is making efforts such as permitting payments using Bitcoin (BTC) in employee cafeterias. Source

Blockchain Smartphones Preparing to Debut One after Another Per Korea Media: Source


Chinese Regulators Demand a Clean-Up of Crypto Mining in Inner Mongolia. Source

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