Chinese Online Lottery Company 500.com Acquires Bitcoin Miner Maker for $100M

500 com Bee Computing

Chinese online lottery organization 500.com has absorbed Bee Computing, a Hong Kong-enrolled producer of bitcoin mining machines, for $100 million, as indicated by a documentation with the U.S. Protections and Exchange Commission.  500.com, which changed its name to BIT Mining Limited in March, has been discreetly moving its concentration from its striving on the web lottery business to bitcoin mining […]

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Asia Is The Determining Factor for the Future of Crypto

Asia for Crypto

While things aren’t solid for bitcoin, especially in India where it is set to be restricted, the story for advanced monetary forms all the more by and large is positive, with huge advantages for the economies that move first. For the genuine supporters, bitcoin is the money of things to come with unlimited prospects: it will limp degenerate governments, enable […]

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Bitcoin Is Still Hot Investment Because of Remittance Capabilities

Bitcoin Remittance

Regardless of whether bitcoin loses favor with the big name patrons assisting with boosting its worth, there are armies of lesser-realized stalwarts remaining close by. That is incompletely on the grounds that the uncontrollably famous digital currency isn’t only a hot investment for fence funders and corporate magnates—it’s become a financially savvy approach to move cash all through the creating […]

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Southeast Asia’s BCMG Genesis Bitcoin Fund-I (BGBF-I) Pledges Support to the Blockchain Commission

BCMG Genesis Bitcoin Fund-I

Southeast Asia’s first protection upheld Bitcoin reserve, BCMG Genesis Bitcoin Fund-I (BGBF-I), has vowed a monetary responsibility of 5% from its yearly presentation into the Blockchain Commission’s Blockchain for Impact Giving Fund, overseen by the PVBLIC Foundation and the Global Partnerships Forum.  The Memorandum of Understanding (MOU) was marked basically on March eleventh, 2021, during the ‘Worldwide Launch of BGBF-I: […]

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Bangalore Police Sets Up Own Bitcoin Account to Battle Cybercrime

Bangalore Bitcoin Account

Pursuing a 25-year-old programmer’s disclosures about online medication bargains has pushed Bangalore police into the universe of cryptographic money. In the previous year, the police in the IT city have gone from googling what bitcoins are to opening its own bitcoin account, maybe the first for any police power in quite a while.  At the point when the Central Crime […]

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Bank of Japan Policy Shift Affect Bitcoin Price in Asian Trading

Bank of Japan

Brokers are becoming acclimated to bitcoin (BTC) purchasing that is concentrated during European hours, with North America lingering behind, and Asia welcoming more vendors. Furthermore, the previous Asia exchanging meeting was no exemption.  “Overnight, the Bank of Japan announced that they would reduce asset purchases in a move that signaled marginal tightening of policy. By the time European markets opened, […]

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Asia Covers 60% of the World’s Crypto Landscape

Asia Crypto Landscape

With regards to digital currencies, Asia represents a colossal number of crypto clients, organizations, miners, dealers, and the sky’s the limit from there. The cryptographic money and blockchain specialist from messari.io, Mira Christanto, clarifies that Asia has apast filled with despots, cash devaluation, [and] capital controls – all ready for disturbance. This has likely prompted Asia being the most dynamic […]

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First Insured Malaysian Bitcoin Fund Opens for Southeast Asian Markets

BGBF-I

South East Asia’s first insured  Bitcoin fund, BCMG Genesis Bitcoin Fund-I (BGBF-I), has formally dispatched to address the developing worldwide premium from institutional and corporate financial backers. This Bitcoin-only asset offers protection inclusion and endorsing for Public Offering Security Insurance (POSI), adding an additional security level to its customers’ speculations. The asset is managed in Labuan, Malaysia.  The asset will […]

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Ripple Asia Pacific Isn’t Faced by SEC Lawsuit According to Its CEO

Brad Garlinghouse

In late December, the SEC charged Ripple, which is related with cryptographic money XRP, with leading a $1.3 billion unregistered securities offering. Ripple CEO Brad Garlinghouse said Friday that the organization’s business in the Asia-Pacific area has not experienced the progressing administrative issues in the U.S.  The blockchain installments firm denies the charges, however that has not halted various U.S. […]

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Philippines-based PDAX Accidentally Sells Bitcoin at $6,000 Each

PDAX

Philippine crypto trade PDAX as of late endured an expensive specialized disappointment – one that prompted bitcoin exchanging at 300,000 Philippine pesos (around $6,000) – a rebate of 88% to its present cost.  In the scuffle, a few clients figured out how to purchase at these incredibly low costs and immediately moved the bitcoin (BTC) away from their trade wallets […]

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