What Crypto insiders are reading on Asia. Share with Friends 🌟 Top News in Asia from Wednesday through Saturday on investing in blockchain projects, proper due diligence, and considerations for mainstream blockchain adoption. Jehan Chu, Co-Founder and Managing Partner at Kenetic http://bit.ly/2PwPGhD China’s crypto in 2.2 hours through ICO: mining pool viaBTC raised $30 million http://bit.ly/2QNX0Wu (there aren’t any large crypto funds in Japan), backed by partners such as Daiwa Securities, KDDI andLine. Japan’s Infinity Ventures targets maiden global crypto fund in 2019 http://bit.ly/2PwGg5J MicroBT plans to file IPO in 2019: Bitmain’s latest challenger http://bit.ly/2ITh1Ii where workers made less than 50 per month: Binance’s new charity head ran a factory http://bit.ly/2A6ndKn 💰 Deals and Funds in 2018, Bitcoin ‘only’ down 50%: Pantera’s digital asset fund down 72% http://bit.ly/2C9JrfQ AlphaLabs with investments including blockchain technology. Investment Bank CLSA launches Asia-focused, early-stage fintech fund http://bit.ly/2PvKElm 💰 Coin and Token News Singapore’s start-up GCOX has announced plans to launch : Manny Pacquiao’s cryptocurrency http://bit.ly/2pRx8NL : Binance coin can now be used to buy real estate through the platform Propy http://bit.ly/2A9b0V7 💸 Exchange News Hacked Japanese crypto exchange Zaif releases financial support plan for customer assets: http://bit.ly/2CFiT71 Crypto exchange , expects to resume ‘within a week’: Bitfinex suspends fiat deposits http://bit.ly/2RHInVM South Korean plastic surgeon acquires : Bithumb cryptocurrency exchange for $353 mn http://bit.ly/2Cdw1zf Korean crypto exchange : sued for price-pumping token schemes http://bit.ly/2OlykHW 🎌 Regulation News for distributed ledger technology: Indian Prime Minister gives full backing http://bit.ly/2IZ7TlD After strangling bitcoin, : India may launch its own cryptocurrency http://bit.ly/2pOYYdq South Korea remains firm on ICO ban despite calls for legality: http://bit.ly/2OSgWKf 💼 Business News In recent by a large recruiting service provider in China, . report demand for blockchain talents in China increased by sixfold http://bit.ly/2PyTONV , despite bear market: Cryptocurrency entrepreneurs now among China’s richest http://bit.ly/2yyezSB Singapore will help crypto firms set up local bank accounts: https://bloom.bg/2EhP9yM In case you missed it Our New Podcast with Jason Fang from Sora Ventures is Out! In this new episode, Joyce Yang from Global Coin Research is joined by , Managing Partner at , an Asia-based venture capital firm focused on blockchain and crypto investments. The mission of the fund to invest in entrepreneurs who can make positive changes in our world using blockchain technology. Their investments include Thunder, Urbit, Mithril, Alphaslot and more. Jason Fang Sora Ventures Additionally, the will be taken place in Macau on Nov 13–14th. Listen to Jason in the podcast at 28:41on why the Summit will be taken place in Macau and checkout the great line-up of speakers and attendees. Sora Summit Use Discount Code SORAMEDIA2018 to get 80% off Jason was one of the earliest employees at Fenbushi Capital and started Sora Ventures when Mainland China banned ICOs in 2017. When I initially spoke to Jason, I’ve found him to be very thoughtful and his investing approach to be very unique amongst crypto investors that I’ve met. In our conversation, we talk about how Sora invests in crypto projects, Jason’s outlook for the crypto space, and his perspectives on crypto developments in the East and the West. Time and Topics discussed in Our Interview 1:24- Introduction to Jason, Sora Venture, and his background3:59- how did Sora Ventures get started after China banned ICOs6:09- why Sora doesn’t invest in Chinese projects despite being headquartered in Shanghai, China7:55- how Sora think about investing in the blockchain and crypto space19:46- why do you like the reverse-ICOs model?21:34- metrics to benchmark the success of reverse-ICOs22:54- is the blockchain space between Asia and the West going to merge?28:41- Checkout the upcoming on Nov 13–14th, use to get 80% off to tickets33:06- Current fund environment in Asia and how many funds have stopped investing in crypto34:47- Where do you see the winners coming out of in Crypto?35:20- Practical approaches to thoughtful investing Sora Summit SORAMEDIA2018 You can also read Jason’s thoughts on his medium articles here, in where he lays out Sora’s investment thesis and his outlook on Asia: Sora Ventures’ Philosophy to Blockchain Investments Understanding Chinese Crypto Investors Subscribe
