Japan rejects exchange for first time; China use blockchain to digitize paper checks; Kuaidi founder claims EOS a scam Subscribe now If you are based in the United States or happen to be here in a few weeks, we are looking to do a Global Coin Research Meetup in New York City and San Francisco in June and July. Join us on to get details. You can also ask us questions about Asia cryptocurrency there! Telegram Top News After approving 16 exchanges, the Japanese regulators is reportedly set to reject a crypto exchange application for the first time. http://bit.ly/2JmbHg7 The People’s Bank of China has revealed a blockchain-powered system to digitize paper checks. http://bit.ly/2JkBRzC “If all goes well, we may have in 3 days”- EOS HK. #EOSIO #mainnet http://bit.ly/2xMsS9c **Chinese Media** Kuaidi (that later merged with Didi, the “Uber” of China) founder Weixin Chen claims in his WeChat group that EOS is a scam. He points to that all the BM (Bytemaster) documents show that the ICO money raised belongs to their private ownership, and that BM is not responsible for any of EOS’s activities, including interrupted development, failure to launch, etc. Google translated article here: http://bit.ly/2xNWF13 Exchange Huobi plans to build its first public and decentralized blockchain and fund it with 30 million Huobi Tokens worth about US$174 million. http://bit.ly/2xNrPG5 Coin and Exchange News Huobi Pro is launching HT trading zone and the first 7 first trading pairs are EOS/HT, BCH/HT, XRP/HT, LTC/HT, IOST/HT, ETC/HT, DASH/HT. Zero trading fees for the trading zone from June 6 to July 6. http://bit.ly/2JjbBpb Shift Markets to bring TRX trading into the currency markets. http://bit.ly/2xPiptC Ontology launches Ecosystem Accelerator Program with USD $1.5bn to fund future development. http://bit.ly/2xU3T3Y Binance has made an undisclosed investment into blockchain-based esports voting platform chiliZ. http://bit.ly/2JkUYJV Business News Roger Ver- “I didn’t post it or talk about it publically yet but we just had a meeting over this week; Bitcoin Cash is coming to tens of thousands of convenient stores in Japan and you’ll be able to buy anything in the entire convenient store with Bitcoin Cash which means including like paying your electric bill.” http://bit.ly/2Jmf5aw Japanese IT giant Fujitsu has launched a blockchain-based data storage system for retail merchants to tokenize traditional promotional tools such as coupons and reward points. http://bit.ly/2xNwfg9 A Japanese syndicate that had gathered participants for Shopin’s Token Generation Event using a hot MyEtherWallet storage wallet was hacked, resulting in a loss of more than $10 million USD. https://prn.to/2xMmEpX Upcoming events Binance AMA on Reddit: June 6, 5–8pm EST EOS Jun 9: EOSHackathon in Hong Kong Ontology Jun 29: Block Co + Conference, TokyoOntology Jul 15–19: Microsoft Inspire, Las Vegas Vechain Jul 19: Distributed 2018 Conference in San Francisco
