Beng Kuang Group Unveils Specialised Dredging Equipment for Offshore Tin Mining Activities

Singapore, Nov 24, 2021 – (ACN Newswire via SEAPRWire.com) – Beng Kuang Marine Limited (the “Company” and together with its subsidiaries, the “Beng Kuang Group”), is pleased to share that its in-house team has designed and developed specialised dredging equipment for offshore tin mining activities. Highlights:– Designed and developed by its in-house team, the specialised […]

TAOP Signs Memorandum of Understanding to Establish Cryptocurrency Mining Joint

HONG KONG, Aug 27, 2021 – (ACN Newswire via SEAPRWire.com) – Taoping Inc. (NASDAQ: TAOP, the “Company” or “TAOP”), a provider of blockchain technology and smart cloud services, today announces that its wholly-owned subsidiary Taoping Digital Assets (Asia) Limited (“TDAA”) and a Kazakhstan company Aral Petroleum Capital LLP (“APC”) have signed a memorandum of understanding […]

Despite Crackdowns, China Remains One of the World’s Top Crypto Market

Despite crackdowns on cryptocurrency trading and mining, China remains one of the most active cryptocurrency markets in the world, according to a new report by blockchain data platform Chainalysis. Between January and June 2021, cryptocurrency addresses believed to be controlled by Chinese users received over US$150 million worth of cryptocurrencies, second only to the US, […]

SMI signs MOU with The9 for the development of a cryptocurrency cloud-mining platform

Singapore, Jul 16, 2021 – (ACN Newswire via SEAPRWire.com) – The Board of Singapore Myanmar Investco Limited (“SMI”) is pleased to announce that it has entered a comprehensive non-binding memorandum of understanding (“MOU”) yesterday with NASDAQ-listed Internet company The9 Limited, to launch a cryptocurrency cloud mining business. Focusing initially on three types of cryptocurrencies – […]

China takes aim at cryptocurrency sector

China will crack down on bitcoin mining and trading activities as part of efforts to fend off financial risks, the State Council’s Financial Stability and Development Committee said on Friday. The country will also clamp down on illegal activities in the securities market, and maintain the stability of stock, bond and forex markets, the committee […]

Tesla stops accepting bitcoin payments

Tesla hit the brakes on Wednesday on letting people pay for electric cars with bitcoin, saying the computing-intense mining process of creating new cryptocurrency spews climate-harming emissions. “We are concerned about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Tesla chief executive […]

TAOP Launches New Blockchain Business Division, Appoint Ms. Lin Deng as President of the Division

SHENZHEN, CHINA, Mar 9, 2021 – (ACN Newswire via SEAPRWire.com) – Taoping Inc. (NASDAQ: TAOP, the “Company”), an Internet company dedicated to the research and application of blockchain technology and digital assets, today announced the launch of a newly-created division dedicated to the Company’s expansion into the blockchain industry and the appointment of Ms. Lin […]

BitFuFu Officially Endorsed by Bitmain as Standardized Crypto Mining Platform

HONG KONG, Feb 22, 2021 – (ACN Newswire) – BitFuFu, the world’s first crypto mining standardization platform, has been selected by crypto mining giant Bitmain to standardize the industry. The partnership is expected to collaborate to foster innovation in crypto mining. Bitmain will be supporting the BitFuFu platform with its mining resources, including machines, pools, […]

BTCST Welcomes Top Bitcoin Mining Partners including BTC.TOP and Genesis Mining

HONG KONG, Jan 25, 2021 – (ACN Newswire) – Standard Hashrate Group (SHG), the project team behind the Bitcoin Standard Hashrate Token (BTCST), today welcomed several world-class mining institutions as partners. Joining the SHG project as tokenization miners are Atlas Mining, BTC.TOP, Easy2Mine, Genesis Mining and Hengjia Group, each major stakeholders in the current mining […]