[Mining giant Bitmain launched a “personnel optimization plan”]Bitcoin mining rig maker Bitmain has launched a “personnel optimization plan” that will layoff a portion of its employees before the next BTC halving, according to a report by Chinese news media Wushuo Blockchain on Jan. 2. It’s reported that Bitmain will hold its annual meeting on Jan. 17, and the layoff list will have been completed by that date.
[South Korea drafting legislation to regulate crypto transactions]South Korea’s Ministry of Economy and Finance is in the process of drawing up a revised bill to tax cryptocurrency transactions by the first half of 2020, according to a report by Cointelegraph on Jan. 2. It’s reported that cryptocurrency and taxation laws are creating a great deal of confusion in South Korea and the country needs to come up with a clear definition of cryptocurrencies and digital assets.
[China Securities Regulatory Commission(CSRC) has received an application for listing an exchange-traded fund(ETF)]China Securities Regulatory Commission(CSRC) has recently received an application for listing an exchange-traded fund(ETF) which is filed by Shenzhen-based asset management firm Penghua Fund on Dec. 24, according to regulator’s disclosure. The proposed ETF aims to track the performance of Shenzhen-listed public stocks that have businesses in blockchain industry.
[Greek court suspends decision to extradite alleged crypto criminal]Greece’s top administrative court has suspended a decision to extradite a Russian national criminal suspected of laundering of billions of dollars through a cryptocurrency exchange, according to a report by Reuters on Dec. 24. The decision is purportedly to make until the court hears an appeal.
[UCSB finished its first accredited blockchain course]University of California Santa Barbara(UCSB) has just finished its first accredited blockchain course, according to a report by Cointelegraph on Dec. 25. The course was taught as a computer science class and was formed in response to requests from the Blockchain Acceleration Foundation(BAF) to facilitate the mass adoption of blockchain technology.
[China’s Stock Exchange launched index of 50 blockchain firms]Shenzhen Stock Exchange(SSE) in China launched an index to track the performance of 50 blockchain firms, according to an official announcement on Dec. 24. The index is based on stocks of 50 companies in the blockchain industry listed on SSE, which are ranked by their average daily market value over the past six months.
[Youtube started to delete crypto-related content]Youtube, one of the most popular social media platforms for video sharing, has aggressively started deleting cryptocurrency-related content from the biggest influencers in the industry, according to a report by Cointelegraph on Dec. 25. Based on Twitter and Reddit threads, YouTube suddenly began deleting a number of cryptocurrency videos on Dec. 23.
[NASAA: Crypto investments are top investor threat in 2020]North American Securities Administrators Association(NASAA), the oldest international investor protection organization, has officially announced that cryptocurrency investment is among top five investor threats for 2020, according to a report by Cointelegraph on Dec. 24. The authority surveyed state and provincial securities regulators across the U.S., Canada and Mexico to get the result.
[Bitcoin development roadmap in 2020]John Newbery, Bitcoin core developer, recently tweeted the development roadmap of bitcoin in 2020. Firstly, lightning network will be main focus in 2020. The lightning protocol teams are working on c-lightling(Blockstream), eclair(ACINQ), LND(ligntning) and rust lightning will continue to iterate rapidly on the lightning protocol. Secondly, the schnorr/taproot softfork will be activated in 2020 or 2021, which will provide a huge improvement in fungibility, privacy, scalability and functionality. Thirdly, wallet teams will collaborate on a PayJoin payment protocol.
[Rwanda to launch blockchain institute next year]Africa Blockchain Institute(ABI) has announced it will operate in Rwanda in 2020, making it the first blockchain school in the country, according to a report by local news outlet All Africa on Dec. 20. The school intends to offer five courses, which are blockchain essentials certification course, blockchain developers’ course, enterprise blockchain course, blockchain for lawyers and blockchain for impact.
[Bakkt has two new appointments]Former PayPal and Google veteran Mike Blandina has been appointed as the new CEO of major cryptocurrency trading platform Bakkt, as announced by Bakkt’s parent company Intercontinental Exchange on Dec. 23. Also, Bakkt has appointed Adam White, former executive at major U.S. crypto exchange Coinbase, as new president of the company.
[Uzbekistan bans citizens from buying crypto]Authorities in Uzbekistan have banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country, according to a report by bitcoin.com on Dec. 24. It’s reported that crypto holders will only be able to sell their coins.
[IMF Managing director: The halt of Libra reflects the concerns over monetary sovereignty]Kristalina Georgieva, the managing director of the International Monetary Fund(IMF), said that the halt of the development of Libra reflects the concerns of many countries over monetary sovereignty, which results in the lack of operational environment, according to a report by Chinese news outlet Caixin on Dec. 23. She also indicated that the digitisation of money has taken place, and IMF is particularly concerned about equality in order to give every country access to political information and guidance.
[Lagarde: Facebook’s social media platforms may give Libra unfair advantage]Christine Lagarde, the new president of European Central Bank(ECB), has expressed concern about Facebook’s using its social media platforms to promote Libra, according to a report by Coindesk on Dec. 20. She said that stablecoins addressed many of the problems associated with cross-border payments system, offering a cheaper and more efficient payment option. However, Lagarde indicated that Facebook may have an unfair advantage over smaller operators because it can use its social media platform to block rivals and promote Libra. Lagarde emphasized that regulators would have to address the problem of competition in the stablecoin market.
[Bluehelix Signs Strategic Partnership with Korean Exchange Hanbitco in Blockchain Financial Service System]On Dec 17th, Bluehelix announces the strategic partnership with renowned Korean exchange Hanbitco. Bluehelix will provide Hanbitco with blockchain financial infrastructure and technology service, helping Hanbitco accelerate its global expansion. It is reported that Hanbitco was established in 2018; since then it has constantly been targeting to be the most professional and secured venue in the market. Admittedly, Hanbitco has been shown in almost all “security” related authorized rankings. For instance, Hanbitco ranked top 20 worldwide, top 1 in Korea, in the exchange security ranking issued by well-knowned security institute CER. Bluehelix is the leading DeFi technology service platform, heaquartered in Singapore, dedicating to providing the best technology to blockchain industry. Up to now, Bluehelix is serving more than one hundred top-tier blockchain companies around the world.
[Korean Blockchain Institute(KBCI) Appoints Bluehelix James Ju as Special Advisory Counsellor]On Dec 17th, the Korean Blockchain Institute(KBCI), under the Ministry of Science and ICT, appointed James Ju, founder and CEO from Bluehelix, as special Advisory Counsellor. James will advise the Institute on talent education, helping cultivate blockchain tech talents in Korean blockchain market. It is reported that the Korean Blockchain Institute is the first institute authorized by Korean national level ministries and it is only nominated 5 industry experts as their special advisory counsellor, while James being the only one this year so far. Formally, James was invited as one of the eight advisory members on the Gangwon do Blockchain Committee, helping formulate policies stimulating the regional economy through blockchain technology.
[MicroBT’s founder arrested in China for alleged embezzlement]Yang Zuoxing, founder of MicroBT and former chip designer for Bitmain, has been arrested for alleged embezzlement by the Shenzhen Nanshan District Prosecutor on Dec. 12, according to a report by business publication Caixin on Dec. 15. The alleged embezzlement amount is 100,000 yuan, the report said.
[BKEX Global will open SBT purchase on Seed Incubator Pro]According to BKEX announcement, BKEX Global will conduct SBT purchase from 12:00 - 14:00 on December 17 (UTC+8). Accepted cryptocurrencies: BKK, USDT.
SOL Platform is a community ecosystem platform based on Blockchain. SOL will implement a blockchain shopping system operated on Blockchain by their own technology and a blockchain service that shares sustainable benefits and benefits in a community-based ecosystem.
[Dynamic | Lava has now officially deployed the Symmetric Cross-chain Atomic Switch]Lava has now officially deployed the Symmetric Cross-chain Atomic Switch to enable decentralized and trustless Bitcoin, as well as Lava cross-chain transactions. Users can complete the exchange of Bitcoin to Lava through Switches without needing any intermediaries, further improving the security and accessibility of Lava transactions.
Lava is a fully decentralized PoC project. The entire network computing power is without limits. Lava’s vision is for itself to become a root of trust and top-level index of the global storage spaces, positioning to develop into a meaningful storage infrastructure and supporting applications and services based on decentralized storage networks.
[Bluehelix Global MD Tyler Wu Announced of Bringing Bluehelix Decentralized Cross-Chain solution and Cloud Exchange service to drive more trusted Blockchain solutions to Thailand]On December 1st, During Thailand Blockchain Week Official Cruise Afterparty co-hosted by Bluehelix and powered by Blockon. Tyler Announced the expansion and cooperation of Bluehelix Cloud Exchange service to drive more trusted decentralized cross chain custodian solution and SaaS/ White label services for Blockchain industry. Bluehelix has started Global Meetup from Tokyo, Ho Chi Ming City, Jakarta and now in Bangkok in Thailand.
Tyler said Bluehelix brings Bluehelix Chain, which is based on decentralized key management. Combining various cryptography tools including ECDSA, commitment, zero-knowledge proof, and multi-party computation, Bluehelix Chain implements the distributed private key generation and signature for cross-chain assets among all validators. On top of that Bluehelix Chain will build light-weight and non-intrusive cross-chain asset custody.
Bluehelix(a.k.a BHEX) is the Leading DeFi Service & Tech Provider, founded by James JU in 2018. Bluehelix has received joint investments from Huobi, OKcoin, Node Capital, Genesis Capital and together with 56 leading reputational institutions. Bluehelix Cloud serves more than 130 Bluehelix Cloud Partners with 5 million end-users with custody of more than 6 billion USD worth of assets.