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Blockchain News – The Signal #3

by | May 10, 2019 | Blockchain Business, The Signal | 0 comments

On The Pulse is your weekly roundup of the most important news coming from the blockchain space in Asia. This week’s stories include Facebook’s partial crypto-ad ban lift, hackers steal $41 million from Binance, Bank of Thailand launches prototype, Bursa set to build blockchain proof-of-concept, and more. Read it all below.

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Facebook Partially Re-opens Ads for Blockchain

Facebook still won’t let you advertise for ICOs or binaries, and ads for cryptocurrencies and exchanges need prior approval. But a year after banning all blockchain-related ads, it’s reopening to ones for “blockchain technology, industry news, education or events related to cryptocurrency” without the need for pre-approval.

Hackers steal $41 million worth of bitcoin from Binance cryptocurrency exchange

Hackers stole bitcoin worth $41 million from Binance, one of the world’s largest cryptocurrency exchanges, the company said on Wednesday, the latest in a string of thefts from cryptocurrency exchanges around the world. The 7,000 bitcoin were withdrawn by hackers using a variety of techniques, “including phishing, viruses and other attacks”, according to a post on Binance’s website by chief executive officer Zhao Changpeng.

Bank of Thailand Blockchain Prototype with Wipro & R3

On Tuesday Wipro said it has developed a blockchain-based solution prototype in partnership with enterprise software firm R3. The prototype will power digital currency transactions for banks in Thailand.  It aims to enable digital currency for interbank settlements for a consortium consisting of the Bank of Thailand and eight commercial banks in Thailand.

Bursa Malaysia to Build Blockchain Proof-of-Concept

Bursa Malaysia is right now utilising blockchain in a proof of concept geared towards greater transparency and smoother operations in the securities borrowing and lending (SBL) market. The project aims to ramp up efficiency, speed and capacity in securities in the lending pool.

Blockchain Spending in APEJ to Reach $2.4bn by 2022

A report by U.S.-based market research company International Data Corporation (IDC) has indicated that blockchain solutions spending in the Asia-Pacific excluding Japan (APEJ) region is projected to hit US$2.4 billion by the year 2022.

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Talk About Blockchain & Cryptocurrency

We are grateful to have Jason from Bitcoin Malaysia, Simon Pang, Steem Witness and also Wei Chi from Sinegy to be our speakers for this event. In this sharing session, you will learn about blockchain’s future, security, applications, basic knowledge about Bitcoin, Steemit & Sinegy. 

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