Global Coin Research: China CBDC updates, K-pop music entertainment giant plans its own cryptocurrency


Vlad Zamfir’s affiliated CasperLabs raises $14.5 million in a Series A round, led by Terren Piezer, Arrington XRP Capital, Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners, Blockchange Ventures, Hashkey Capital, and Distributed Global. Source

Chinese early-stage venture capital firm Sky9 Capital founded by former Lightspeed China partners has announced the close of two new VC funds with a combined $440 million in capital commitments with previous investments in Coinsuper and Deepchain. Source

Thai cryptocurrency exchange Bitkub raises $1.67 million in a pre-Series A round: Thai cryptocurrency exchange operator Bitkub Capital has raised 50 million baht ($1.67 million) in its pre-Series A funding round from an undisclosed investor. Source closed a $1 million Pre-A Investment round led by Hashed, a South Korean blockchain VC firm, and Du Capital. Source


Coins and Mining

Blackmoon, a blockchain-based fintech company, on Tuesday announced that it will be one of the first exchanges to list Telegram’s Gram token for trading. Source

Paxos CEO: Huobi, Stable Universal and Binance are the first of many that will build on its stablecoin platform. Source

Bitmain launched two new ASIC miners today. Shortly after the announcement, Northern Bitcoin, a Frankfurt-based technology company focused on Bitcoin announced it had successfully completed testing for its new air-cooled mobile mining container. Source

China’s mining machinery MKRMicroComputer has announced the success of research and development tests for Asic Miner G 1 PLUS and G 1 MINI. GRIN’s ASIC machines will be shipped for the first time in October. Source

Decentralized Brave Browser Tops Chrome in Google Play Rankings in Japan: Source

According to data from Longhash, the average return on investment (ROI) from IEOs, running this year on the top 11 IEO platforms, was minus 80 percent. Source

Exchange News

Binance U.S. is planning to launch in the “coming weeks” with stringent KYC requirements according to a blog post published by the firm. Source

OKCoin is pledging 1000 bitcoins to Bitcoin/Bitcoin Cash commmunity/Bitcoin SV. Source

Binance launching its own USD-pegged stablecoin ‘BUSD,’ with Paxos as custodian. The stablecoin received the blessing of the New York Department of Financial Services (NYDFS). Source



GCR interviews Wyre CEO Michael Dunworth on Supporting the Fiat to Crypto Ecosystem and Crypto’s Way to Mass Adoption. On Apple podcast, SoundcloudOvercast

Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh. Source

Jones Lang LaSalle Japan to build a real estate platform using blockchain technology. Source

Chinese oil giant Sinochem’s unit plans blockchain platform with Shell, Macquarie. Source

K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency. Source



Facebook’s proposed Libra cryptocurrency falls into a “big gap” in European Union financial regulation at a time when the bloc’s ability to tackle money laundering is already stretched. Source

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