- Four Olympic Gold Medals Winner Tennis Player Serena Williams Invests in Coinbase
World famous tennis player Serena Jameka Williams revealed in an Instagram post published on April 17 that in 2014, she launched her investment business Serena Ventures and silently invested in over 30 companies, including major cryptocurrency exchange Coinbase.
[Source: Cointelegraph] ✩✩✩✩✩
2. Chilean Government Introduces New Cryptocurrency and Fintech Regulation Bill to Congress
The Minister of Finance of the Chilean government Felipe Larraín announced the introduction of a bill regulating cryptocurrencies and fintech to Congress, Cointelegraph Spain reported on April 15. During his recent stay in the United States, Larraín reportedly noted that the requirements introduced by the new regulation will be proportional to businesses.
[Source: Cointelegraph] ✩✩✩✩✩
3. Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain
Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron (TRX) blockchain, according to an announcement published on April 19. United States-based digital currency exchange Poloniex has added support for deposits and withdrawals of USDT on the Tron network. The development will reportedly support Tether on both chains — USDT issued on the Omni protocol and the Tron network.
[Source: Cointelegraph] ✩✩✩✩
4. South Korean Crypto Exchange Coinnest Announces Closure
Cryptocurrency exchange Coinnest, once South Korea’s third largest, is closing down. The exchange posted a notice on its website saying that as of Tuesday it is no longer operating, adding that users will need to withdraw any funds held on its platform by April 30. The fees for withdrawals and the minimum threshold have been lowered to assist the process, it said.
[Source: Coindesk] ✩✩✩
5. FPT Corporation and SBI Holdings Invest $3 Million in Vietnamese Blockchain Project
Technology company FPT Corporation and financial services firm SBI Holdings Inc have jointly invested $3 million in Vietnamese blockchain startup Utop, local English language daily news outlet Viet Nam News reported on April 19. FPT Corporation and SBI Holdings Inc have reportedly signed a memorandum of understanding (MoU) to invest $3 million in joint venture Utop, a technology startup based on FPT’s enterprise blockchain platform dubbed akaChain.
[Source: Cointelegraph] ✩✩✩✩
6. Presidential Candidate Andrew Yang Calls for ‘Clear Guidelines’ on Crypto
Andrew Yang, one of a number of candidates looking to take on U.S. president Donald Trump in the 2020 presidential election, has released a new policy statement for crypto-assets. In the statement, Yang — who is currently vying for the Democratic Party nomination among a crowded field of candidates — indicated his goal to “create clear guidelines in the digital asset world so that businesses and individuals can invest and innovate in the area without fear of a regulatory shift.”
[Source: Coindesk] ✩✩✩
7. Chinese company mines cryptocurrency under the shadows; loses 90% of its valuation amidst crypto-winter
Huatie HengAn, a Chinese construction company which ventured into cryptocurrency mining due to its lucrative appeal has seen its valuation drop by 90 percent due to the bear market. A local Chinese media outlet 8BTC reported that the subsidiary of Huatie, was sold for a mere $2 million, in comparison to its valuation of $25 million.
[Source: Ambcrypto] ✩✩✩
8. Local Media: Afghanistani, Tunisian Central Banks Consider Issuing Bitcoin Bonds
Afghanistan and Tunisia’s central banks are looking to issue a bitcoin (BTC) bond, Hong Kong-based news outlet Asia Times reports on April 17. Per the report, the governors of the two country’s central banks spoke at the annual Spring Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund in Washington between April 8 and 14. Afghanistan’s central bank governor Khalil Sediq allegedly told Asia Times that the institution is considering issuing a sovereign crypto bond to raise $5.8 billion.
[Source: Cointelegraph] ✩✩✩✩
9. Japanese Cryptocurrency Exchange Zaif to Resume Activity Seven Months After Hack
Japanese cryptocurrency exchange Zaif announced that the transfer of the business from Tech Bureau to Fisco Digital Asset Group (FDAG) will become effective on April 22, and that normal activity will resume on the next day. Cointelegraph Japan reported on the developments on April 20.
[Source: Cointelegraph] ✩✩✩
10. Volkswagen to Track Minerals Supply Chains Using IBM Blockchain
Volkswagen Group has announced it will use blockchain tech to track its mineral supply chains. The German automaker said Thursday that, in order to “responsibly source” minerals such as cobalt (used in lithium-ion batteries for electric vehicles), it has joined an open industry collaboration, which also includes Ford as a member.
[Source: Coindesk] ✩✩✩
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