TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Bank of Japan to allow unlimited bond-buying. Bitmain slams co-founder Micree Zhan over lawsuit. Bitfinex launches Pulse social network. CashShuffle reaches 50,000 shuffle milestone. Binance to list Steem fork Hive, and CoinEx partners with Matrixport for OTC trades.

Bitfinex Launches Pulse Social Network

Bitfinex, one of the most liquid trading exchanges, launched Pulse, a social network for traders. Pulse is a new Facebook kind of social network that will allow verified traders publish their thoughts on the platform. Non-verified traders can publish their Pulse posts privately, and share their Pulse history on other social media. This will supposedly give users an edge by comparing their own trading strategies with other traders. The network is already live and some public posts can already be reviewed within its main content feed.

Bank of Japan Removes Limit for Buying Bonds

The Bank of Japan removed the limit for buying bonds in an attempt to quench the liquidity thirst their economy is facing as a consequence of the coronavirus pandemic, according to Reuters. “The BOJ will purchase the necessary amount of government bonds without setting an upper limit,” it declared, making clear the next goal for Japan is just to spend whatever funds necessary to fight the upcoming economic crisis. The Bank of Japan follows the steps of the Federal Reserve which also removed bond buying limits.

Bitmain Slams Co-founder Zhan for Lawsuit

Bitmain slammed Micree Zhan, one of its co-founders, for introducing a lawsuit against the company. A Weibo post stated Zhan “ignored the common interests of the company and all employees and filed a lawsuit maliciously during the period of the pandemic, which interfered with the company’s normal operations.” This lawsuit froze 36% of Fujian Zhanhua’s shares, a subsidiary of Bitmain. The legal battle between Micree Zhan and Bitmain continues, with the asset freeze being only a preliminary action in the case.

CashShuffle Passes 50,000 Shuffle Milestone

CashShuffle, the privacy-oriented Bitcoin Cash technology, reached another milestone, having executed more than 50,000 shuffles since its launch last year. More than 240,000 bitcoin cash has been shuffled to date. CashFusion, a technology that further enhances CashShuffle’s methods to obscure transactions, is going through a security audit funded by community members and Bitcoin.com. CashShuffle is available within Electron Cash wallet.

Binance Lists Hive

Binance, the world’s biggest exchange, decided to list Hive, the Steem fork, on its trading platform. Hive trading will go live April 29, 2020 and will include trading pairs with BTC, tether, and binance coin. Hive originated out of Justin Sun’s purchase of Steemit and his takeover attempt of the Steem network. Changpeng Zhao, CEO of Binance, was also heavily criticized for lending Binance’s Steem balances to allow Sun’s actions, and even apologized for using these funds to vote in favor of Sun.

CoinEx Partners With Matrixport For OTC Trades

CoinEx, one of the most important China-based exchanges, announced a partnership with Matrixport, a Bitmain derived fintech platform, to allow customers to use OTC services to exchange fiat for crypto. Haipo Yang, CEO of CoinEx, stated, “Matrixport has the potential to become a key player in the industry and I look forward to a long-term partnership between us.” John Ge, CEO of Matrixport, declared this alliance would enable them to “reach more crypto enthusiasts and drive a rapid development of our business.”

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