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China

500.com to purchase another $8.5M worth of ASIC mining machines
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5 February, 2021

500.com to purchase another $8.5M worth of ASIC mining machines

The NYSE-listed online sports lottery firm signed a definitive agreement to purchase 5,900 ASIC miners for 55.2 million yuan (around...
China’s latest CBDC airdrop
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4 February, 2021

China’s latest CBDC airdrop

The Chinese city of Suzhou has announced that it will be holding a $5 million airdrop of China's central bank...
Shanghai, Beijing and other major cities plan large-scale digital yuan tests
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26 January, 2021

Shanghai, Beijing and other major cities plan large-scale digital yuan tests

The accelerated testing phase comes after a successful year for the state-backed digital currency in which it was used in...
Struggling online lottery firm announces move into block reward mining
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14 January, 2021

Struggling online lottery firm announces move into block reward mining

Shenzhen-based and Nasdaq-listed firm 500.com has entered a definitive purchase agreement with an undisclosed party to buy ASIC mining machines.
China unveils first digital yuan physical card in Shanghai
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12 January, 2021

China unveils first digital yuan physical card in Shanghai

Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make...
Google Cloud hiring blockchain business development manager for China
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11 January, 2021

Google Cloud hiring blockchain business development manager for China

Google Cloud is looking to hire a blockchain business development manager to head up a new team based in China,...
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