Search
Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas
21.5.2021
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2...
Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
8.4.2021
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange...
'No loss' lottery protocol PoolTogether among most utilized protocols in DeFi: Messari
24.3.2021
Since launching its V3 iteration in October, PoolTogether has paid out more than $750,000 in risk-free lottery returns
Chinese Firms Get Bullish as Lottery Operator Renames Itself ‘BIT Mining’
9.3.2021
Chinese firms appear to have become emboldened – and increasingly eager to clamber on board the crypto bandwagon – with 500.com, one of the nation’s biggest sports lottery firms, planning to rename itself with a distinctly crypto-sounding name: BIT Mining.
The company, which is listed on the...
No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop
20.2.2021
The self-styled "savings game" is hoovering user deposits, leading to meaty lottery payouts
Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com
17.2.2021
A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool...
Ethereum’s Favorite Lossless Lottery Will Airdrop Its POOL Token Today
17.2.2021
The distribution was designed to reward small depositors on PoolTogether who stayed in a long time
Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com
16.2.2021
BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu
Chinese lottery service 500.com acquires Bitcoin mining pool BTC.com
16.2.2021
Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com
Lottery Giant 500.com Buys Bitcoin Miner BTC.com From Jihan Wu
16.2.2021
Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel
Listed Chinese online sports lottery service provider 500.com said it agreed to acquire the BTC.com Bitcoin (BTC) mining bussiness from Bitmain co-founder Jihan Wu.
500.com is buying the business in exchange for its newly...
Mad Money’s Jim Cramer Advises $731M Powerball Jackpot Winner to Put 5% in Bitcoin
25.1.2021
Mad Money host Jim Cramer has provided some investment advice aimed at the latest Powerball jackpot winner of $731.1 million. He recommends putting 5% of the jackpot in bitcoin alongside several other investments, such as gold and real estate. Jim Cramer Says Put 5% of Powerball Jackpot in Bitcoin...
Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines
13.1.2021
A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement...
US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining
11.1.2021
Shares of the company traded up 11% on the news of the deal to purchase miners later this year
Selected Shenzhen residents to get lottery 'red envelopes' with digital yuan
4.1.2021
Winners of the city's lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported merchants
Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test
4.1.2021
The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch
3 Chinese E-Commerce Giants Join China’s Latest Digital Yuan Lottery Trial: Report
11.12.2020
Didi, Meituan and Bilibili are reportedly taking part in the latest test of the digital yuan, allowing lottery winners to spend the digital currency online
JD.Com Says It’s Accepting China’s Digital Yuan for Latest Lottery
5.12.2020
Chinese e-commerce firm JD.Com says it's become the first online platform to accept the nation's central bank digital currency
1 in 5 Players Win Big at Bitcoin.com Lottery, New Crypto Games Promise Guaranteed Winners
28.11.2020
Launching Sure-Win Games! A set of 10 new raffles with guaranteed wins of up to €25,000. Get paid in BTC or BCH! Guaranteed Winners on Every Draw Bitcoin.com partnered with Bravio Tech earlier this year to bring you the first blockchain-powered lottery platform. Bitcoin.com Lottery has since...
China to Hold Second Lottery Trial of the Digital Yuan
23.11.2020
A lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report
Lossless Lottery PoolTogether Opens Up to More Coins, More Prizes
22.10.2020
PoolTogether v3 will enable more ERC-20 tokens, more yield sources and more prize distribution schemes for the DeFi savings game