Hi there, hope everyone stays safe and healthy, both physically and financially. If you are working on startups in the technology sector, please check Chris McCann’s memo about what to do next.
What’s new in crypto China
Bitcoin’s price crash created bigger uncertainty for the mining sector, older rigs like S9 became unprofitable and expected to shut down, Chris Zhu of Poolin expected the hashrate to decrease by 20-30% in the coming months. (it has dropped 15% as of today compared with the peak in early March).
DeBank launched the first one-stop defi wallet which allows users to track all defi assets (MakerDAO, Compound, Synthetix, dYdX, Uniswap, Lendf.Me, DDEX, Aave and bZx).
Huobi launched a free trading app targeting the Southeast Asia market.
Polkadot may postpone its public sale plan due to the coronavirus outbreak.
Something to read
Black Thursday for MakerDAO: $8.32 million was liquidated for 0 DAI, you can check the emergency response thread for more details.
Time to revisit Questions DeFi users should be asking DeFi devs recommended by white hat hacker Samczsun.
Events
March 20-21 Top Hash mining conference by Tokeninsight (online-wechat group, add wechat account “uprain_zhang” to join), panelists from Nicehash, F2pool, Poolin, Nervos, BTC.com and Bitmain.
Notable Conferences (* means it goes virtual)
April 4-5 - Deconomy (Korea)
*April 4-6 - ZKProof workshop
*May 1-2 - DeFi Discussions Conf with ConsenSys
May 9-10 - Magical Crypto Conference (New York City)
*May 11-13 - Consensus 2020 by CoinDesk
*June 8-10 - Mainnet Events by Messari
*June 24-26 - Remote Crypto Con
June 15-21 - Korea Blockchain Week (Seoul)
July 6-7 - M2 Asset Management (Oxford)
July 15-16 - Asia Blockchain Summit (Taipei)
July 22-23 - Mining Disrupt (Miami)
Sep 11-16 - Shanghai Blockchain Week by Wanxiang Blockchain (Shanghai)
Sep 28-30 - Hong Kong Blockchain Week 2020
October 7-8 - Token2049 (Hong Kong)
Q3 (tbd) - Bitcoin2020 (San Francisco)