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‘I think Bitcoin will reach a new all-time-high in two years’: Binance co-founder Yi He

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Nine months after its launch, Binance became the most influential exchange in the cryptocurrency space, and is currently the world’s largest exchange by trading volume.

And the reason being the success is Binance Co-founder, and CMO Yi He. Yi He entered the cryptocurrency space in 2014, by leading OkCoin’s branding and marketing strategy. “Yi He has an eye for the next big thing,” say those who know her.

“When I first came to know about Bitcoin, I got this feeling that this is the next big thing. Like the internet (which fascinated me), I found Bitcoin truly global. And I thought this is the future. If the internet is about information exchange, Bitcoin is about value exchange. And this fascinated me,” said Yi He in an interview.

Yi He predicts that in the next decade years, we would see more and more of “these smart guys”. “We can see the shift right now. We see new projects utilising blockchain for what it is. We have seen from Binance launchpad projects, the smart guys building for the masses,” she said.

In terms of the India market, Yi He said the company has a small team in India. “We are looking at India, exploring the market, and planning a strategy. We plan to support local projects from India, to boost blockchain development. The support can be in terms of investments or community growth. I know a really good project from India—Matic Network.”

As for her Bitcoin Price prediction in the year 2030, Yi He said, “I personally think Bitcoin will reach a new all-time-high in two years’ time. But after that, it’s really hard to predict. The world is changing fast, and you never know we might see something entirely different.”

Govt blockchain strategy to boost wine, finance sectors

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The Australian government’s new national blockchain strategy aims to make Australia’s nascent blockchain industry into a global leader.

According to the country’s Ministry for Industry, Science and Technology and Ministry for Trade, Tourism and Investment, the wine, banking and finance industries will be the key priority sectors.

Outlining the program’s development, Karen Andrews, Minister for Industry, Science and Technology, said the five-year blockchain roadmap will underpin the work of regulators, startups and researchers on the matter. She added that the sector is set to be worth AU$259.4 billion ($175 billion).

Local wine is one of the most successful export products in Australia, with over 2,000 exporters shipping it to 123 destinations around the globe. Last year, the country’s wine export volume reportedly grew by 3% to AU$2.91 billion ($1.9 billion), although volume declined by 12% to 744 million liters.

Previous blockchain investments from Australia’s liberal national government—under Prime Minister Scott Morrison—allocated AU$700,000 to the country’s Digital Transformation Agency in 2018-19 explore the benefits of using blockchain for government payments, as well as AU$350,000 to Standards Australia to promote the development of standardized international blockchain standards.

Ethereum, Tron war heats up as latter eyes China, India

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Tron’s DeFi will compete with Ethereum in Chinese, Indian markets. In a recent interview with Messari CEO Ryan Selkis, Tron’s Justin Sun discussed his company’s ambitions to be more competitive with Ethereum, while focusing on the platform’s own DeFi aspirations.

Ethereum, EOS, and Tron have been competing over decentralized applications or DApps. Tron was able to surpass EOS DApps for the first time last month, however, it continued to lag behind Ethereum’s dominance, with the total valued locked in DeFi apps in terms of Ethereum crossing $1 billion.

Sun said the platform would initially target the Asian market because of its massive engagement in the space. Japan and Korea are already active with Ethereum, he said, hence, the options on paper seem limited for Tron.

Sun also pointed out that due to misunderstandings in the past, Tron’s Weibo account had been shut down. However, there is a high possibility that it would re-open very soon as the platform continues to promote positive dialogue with the Chinese government and regulators. Tron has numerous users in China as well, with 17 million impressions accounted for during the latest Tron live stream, Sun claimed.

He also expanded on Tron’s expansion in India. According to Sun, BitTorrent’s popularity in the country would allow it to grow Tron’s user base. According to Sun, BTT has over 20-25 million users in India.

Zawadi integrates with Eventbrite 

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Zawadi has announced integration with Eventbrite, which means that event organizers using Eventbrite can now deliver tokenized tickets to their attendees through social messaging apps including WhatsApp, Facebook messenger, and Line messenger. Zawadi says it is a safer and more convenient method of ticket delivery.

Tickets for instance can be transferred on-chain on the secondary market, which eliminates occurrences where scammers sell fake tickets or resell a single ticket multiple times to unsuspecting buyers.

Zawadi has been collaborating with the Matic Network team for the last few months to build a tokenized mobile ticket delivery system that can be integrated with the worlds’ most popular ticketing platforms.

Zawadi is already live on Beta-mainnet and will be transitioning to full mainnet once launched. The scalability of the Matic Network will allow Zawadi to handle large volumes of ticket transactions, therefore meeting the demands of millions of users, even during periods of high traffic.

Once an attendee purchases an Eventbrite ticket from an organizer using Zawadi, an NFT with the ticket details is minted on Matic Network and delivered to the buyer’s WhatsApp, Line Messenger or FB Messenger account.

Using Biconomy’s relayer infrastructure for peer to peer ticket transfers, the platform abstracts blockchain complexities.


For more information click here.

Tron founder gets charity dinner with Warren Buffett 

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With his $4.6 million bid, Justin Sun, founder of the Tron cryptocurrency platform, was the winner in the 2019 charity auction dinner with Warren Buffett. In a Facebook post, Sun said that he and several of his guests had an “Amazing dinner w/ Warren Buffett finally!”

Sun also posted photos of gifts he presented to Buffett including one bitcoin, “safely stored” in a Samsung Galaxy Fold.”

The dinner was scheduled for last July but was abruptly postponed when Sun said he was suffering from kidney stones.

He also said that Buffett was vocal with his opinion that bitcoin is benefiting from an investment bubble and is not suitable for long-term investors. He did, however, see value in the underlying blockchain technology.

Along with the bitcoin, Sun also gave Buffett a bronze horse, “since we are both born in Year of the Horse, 1930/1990!” and a “traditional Chinese paper cutting of mouse in celebration of the Year of the Mouse 2020.”

Sun’s guests included Litecoin creator Charlie Lee, eToro CEO Yoni Assia, Huobi CFO Chris Lee, and head of the Binance Charity Foundation, Helen Hai.

ChainUP joins Japan Cryptocurrency Business Association 

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Blockchain software developer ChainUP Japan Corporation, head-quartered in Singapore, has officially joined the Japan Cryptocurrency Business Association (JCBA). The developer will explore application of blockchain technology in fintech, medicine, public administration and IT infrastructure.

ChainUP’s main products and services include digital asset trading systems (spot, leverage, futures, options and other derivatives), digital asset trading liquidity systems, wallet solutions, situational awareness, public chain and consortium blockchain, mining pools, blockchain cloud media platforms and broker systems. It has constructed an industrial closed loop with an established technical service-flow, and is serving more than 500 corporate customers worldwide, including more than 20 countries in Southeast Asia, Europe, America and the Middle East with more than 50 million users.

ChainUP’s subsidiaries and independent brands include HiCoin, an enterprise focused on wallet technology solutions, BitWind, a liquidity provider that provides liquidity support for exchanges, and ForChain, a cryptocurrency financial derivatives trading platform.

Joining JCBA allows ChainUP Japan to actively expand its network in the Japanese industry.

Justin Sun finally dines with Warren Buffet

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Here are the tweets: