BIT Mining (BTCM), a company focused on cryptocurrency infrastructure and technology, on Monday finalized the second stage of its acquisition of Bitcoin mining operations in Ethiopia. Following the ...

BIT Mining is the next company to announce an altcoin treasury, with big promises for $300M injected into SOL. The company raises red flags for its offshore connections and a relatively low BTC ...

Cryptocurrency miner BIT Mining is shifting its focus to Solana with plans to raise up to $300 million to acquire SOL tokens. BIT Mining said it wants to "capture emerging opportunities across the ...

The Securities and Exchange Commission announced that BIT Mining (BTCM) Ltd., formerly known as 500.com (WBAI) Limited, agreed to pay a $4M civil penalty to resolve charges that it violated the ...

Earlier this year, Bit Mining and its CEO fell under the FCPA hammer. Bit Mining, formerly known as 500.com, resolved investigations with the Justice Department and the SEC for its corrupt scheme to ...

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BIT Mining, formerly known as 500.com, has been charged with Foreign Corrupt Practices Act (FCPA) violations by the Securities and Exchange Commission (SEC). According to a statement issued by the SEC ...

BIT Mining acquired 51 megawatts and 18,000 bitcoin mining rigs in Ethiopia in early December. The electricity costs in Ethiopia are so low that they allow the firm to reuse bitcoin mining rigs that ...