Chinese Firms Get Bullish as Lottery Operator Renames Itself 'BIT Mining'

Chinese firms appear to have become emboldened - and increasingly eager to clamber on board the crypto bandwagon - with 500.com, one of the nation's biggest sports lottery firms, planning to rename itself with a distinctly crypto-sounding name: BIT Mining. The company, which is listed on the New York Stock Exchange, also stated in a press release, that it would