Crypto

Chinese beauty app Meitu's Bitcoin and Ether purchases done by Coinbase

Crypto exchange Coinbase revealed on March 24 that its institutional custody platform helped Chinese tech company Meitu purchase and custody about $90 million in Bitcoin and Ether.

The9 signs purchase agreement with Bitmain for 24,000 S19j miners

The new miner requires fewer resources to mine a single bitcoin because of its much higher hash rate.

Chinese beauty app Meitu spends another $50 million on Bitcoin and Ether

Just 12 days after its initial purchase of tens of millions of dollars in Ether and Bitcoin, the Chinese beauty app Meitu has made another move.

Bitcoin pulls back about $5,000 from intra-day high

A survey conducted by Mizuho showed that about 10 percent of the US stimulus check could be used to buy bitcoin and stocks, equating to a total of about $40 billion.

Bitcoin touches $60,000 for first time in history

Bitcoin touched $60,000 for the first time in history, rising about 6 percent in 24 hours. Bitcoin's price is now up about 1,400% from last March's low of about $4,000.

Major crypto exchanges' Weibo accounts blocked, that's not a good sign

The Weibo accounts of Huobi, OKEx, and Binance have all been blocked on Thursday, which could signal that cryptocurrency investors may have to start worrying that something bad may be about to happen next.

Chinese online sports lottery firm transforms itself into bitcoin mining company

500.com was originally an online lottery trading platform that provided lottery ticket buying services such as soccer and sports lottery tickets, as well as related consulting, tools, and communities.

Chinese beauty app Meitu spends $40 million on Ether and Bitcoin

Meitu has spent $40 million on cryptocurrency purchases, including 15,000 units ($22.1 million) of Ether and 379.1214267 units ($17.9 million) of Bitcoin.

Chinese game operator buys 26,000 Bitcoin miners to gain 0.36% of world's computing power

The9 Limited, China's earliest World of Warcraft distributor, announced that it has signed a legally binding memorandum of understanding with five mining machine owners to purchase 26,007 Bitcoin mining machines.

GAC NIO apologizes for Bitcoin statement

Hours after releasing a statement Thursday afternoon Beijing time that it will be the first car company in China to accept Bitcoin payments, GAC NIO has apologized for it.