Crypto News Roundup - 18/July/2018

1. China to lead new research group for IoT and blockchain, promoting international standardization.

2. Leading Cryptocurrency exchange Binance has recently revealed it raised a total of $1.41 million to help flood victims in Japan. The funds were raised by the exchange and the cryptocurrency community.

3. Chinese Internet search giant Baidu has created a proprietary token to power its new blockchain-based photo validating and sharing service.

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