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US Regulator Accuses Lbry Project of Selling Unregistered Securities, CEO Denies Charges

The Securities and Exchange Commission (SEC) has filed a complaint against the blockchain-based file-sharing and payment network called Lbry last week, as the U.S. regulator has accused the company Lbry Inc. of selling unregistered securities. However, the CEO of Lbry…
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500.com7nm ChipsASIC ManufacturerASICsBit Mining LimitedBitcoin (BTC)Bitcoin miningBitcoin.comBTCBTC MiningBtc.comChinaChinese Lottery firmEthereumLitecoinMiningYufei Jiang

Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million

Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in…
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