shanghai

Online Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 Million

<div class=”featured_image_container”> </div> <strong>The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin hashpower. </strong> On April 9, the publicly-listed …

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Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike

Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained strong was NFT-related, with NFTs receiving an 86% increase in WeChat searches over the seven-day period. Token sales were another hot item with interest in Casper Labs surging after signups …

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Shanghai Government Invests $5M in Blockchain Startup Conflux

Blockchain startup Conflux has received over $5 million research grant from the Shanghai Science and Technology Committee and Changning District government, which is part of the city’s municipal government.  The Beijing-based firm touted that it has become the only public, permissionless blockchain project backed by the Chinese government, according to the firm’s statement shared with …

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Nearly 18,000 airport workers sealed in for testing after 7 cases detected

Enlarge / This photo taken on November 22, 2020, shows health workers in protective suits waiting to conduct COVID-19 coronavirus tests on staff at Pudong Airport in Shanghai. Getty | STR Nearly 18,000 workers were sealed into Shanghai’s main airport Sunday and tested for COVID-19 in one night after authorities detected seven cases linked to …

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‘League of Legends’ championship will start in Shanghai despite pandemic

Riot Games At least one major eSports league is determined to push forward with in-person finals despite the COVID-19 pandemic. Riot Games has announced that the League of Legends World Championship 2020 will take place in Shanghai between September 25th and October 31st, with the finals held at the new Pudong Soccer Stadium. The developer …

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A life-size Gundam statue will be completed outside of Japan in 2021

Bandai Namco You won’t have to visit Japan to see a life-size Gundam statue in the months ahead, although you may still have to book a lengthy trip. Our Engadget Chinese colleagues report that Bandai Namco will debut an 18-meter (about 59ft) Freedom Gundam statue at the LaLaport Mall in Jinqiao, Shanghai, China sometime in …

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