The9

The9 Announced Its NFTSTAR and Luís Figo Signed an Exclusive NFT License Agreement

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Tuesday, November 16, 2021
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SINGAPORE, Nov. 16, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its NFT community and trading platform NFTSTAR ( www.nftstar.com ) has signed an exclusive license agreement with the world-renowned soccer legend Lus Figo.

Key Points: 
  • SINGAPORE, Nov. 16, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its NFT community and trading platform NFTSTAR ( www.nftstar.com ) has signed an exclusive license agreement with the world-renowned soccer legend Lus Figo.
  • NFTSTAR will exclusively develop, sell and trade NFT collections authorized by Figo.
  • Lus Figo won 4 Spanish La Liga titles, 1 UEFA Champions League title and 2 UEFA Super Cup titles.
  • Just after the conclusion of this great partnership, Lus Figo commented: "I am really excited to join NFTSTAR and looking forward to my first NFT experience.

The9 Announces Its NFTSTAR Signs American Football Star CHRISTIAN McCAFFREY to Exclusive NFT License Agreement

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Monday, November 15, 2021
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SINGAPORE, Nov. 15, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its new NFT community and trading platform NFTSTAR has signed an exclusive license agreement with the American Football star, CHRISTIAN McCAFFREY.

Key Points: 
  • SINGAPORE, Nov. 15, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its new NFT community and trading platform NFTSTAR has signed an exclusive license agreement with the American Football star, CHRISTIAN McCAFFREY.
  • NFTSTAR will exclusively develop, sell and trade NFT collections created and developed with Christian.
  • McCaffrey is one of the top players in the National Football League (NFL) and has spent his entire career with the Carolina Panthers.
  • In April 2020, McCaffrey renewed a four-year, multi-million dollar contract with Panthers, making him the highest paid running back in NFL history.

36Kr Holdings Announces Appointment of Chief Financial Officer

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Tuesday, November 9, 2021
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BEIJING, Nov. 9, 2021 /PRNewswire/ -- 36Kr Holdings Inc. ("36Kr" or the "Company") (NASDAQ: KRKR), a prominent brand and pioneering platform dedicated to serving New Economy participants in China, today announced the appointment of Ms. Lin Wei as chief financial officer, effective immediately.

Key Points: 
  • BEIJING, Nov. 9, 2021 /PRNewswire/ -- 36Kr Holdings Inc. ("36Kr" or the "Company") (NASDAQ: KRKR), a prominent brand and pioneering platform dedicated to serving New Economy participants in China, today announced the appointment of Ms. Lin Wei as chief financial officer, effective immediately.
  • Ms. Lin Wei joined 36Kr in May 2021 as Vice President of Finance and Capital Markets, in charge of the Company's financial management, financial reporting, investor relations and financing activities.
  • Before joining 36Kr, Ms. Wei served as Head of Investor Relations at iQIYI, Inc., a NASDAQ listed company, from 2017 to 2020.
  • "We are pleased to welcome Lin to our executive team," said Mr. Dagang Feng, 36Kr's co-chairman and chief executive officer.

New Markets and Businesses Turn to Blockchain Technology

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Wednesday, October 27, 2021
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The Fidelity Director of Global/Macro,Jurrien Timmer indicated that the ongoing rally in Bitcoin could continue towards new record heights over the next two years, Markets Insider reported.

Key Points: 
  • The Fidelity Director of Global/Macro,Jurrien Timmer indicated that the ongoing rally in Bitcoin could continue towards new record heights over the next two years, Markets Insider reported.
  • The partnership will primarily focus on research and development support for blockchain applications, and in establishing a supply chain for cryptocurrency mining.
  • Mr. Chenjun Li, Co-Chief Executive Officer of AGMH, commented, 'We are delighted to partner with Meten to further develop a blockchain ecosystem that integrates technology, products, sales and service.
  • Building on our recently announced AGMH-HighSharp partnership, we see growing demand for our high-performance mining hardware and related computing equipment.

New Markets and Businesses Turn to Blockchain Technology

Retrieved on: 
Wednesday, October 27, 2021
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NEW YORK, Oct. 27, 2021 /PRNewswire/ -- Over the last several years, the perception of cryptocurrencies has shifted drastically. Earlier in the year, several major companies announced a more open-minded approach to Bitcoin, accepting it as payment for product and services. For example, earlier in August, United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, announced plans to accept cryptocurrency for home loans in what is being billed as a first for the national mortgage industry. And just this week, CNBC reported that Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products. "We want to offer all of our partners the ability to more easily add crypto services to whatever it is they're doing," Sherri Haymond, Mastercard's Executive Vice President of Digital Partnerships, said in an interview. "Our partners, be they banks, fintechs or merchants, can offer their customers the ability to buy, sell and hold cryptocurrency through an integration with the Baktt platform." AGM Group Holdings Inc. (NASDAQ: AGMH), Hut 8 Mining Corp. (NASDAQ: HUT), The9 Limited (NASDAQ: NCTY), Bitfarms Ltd. (NASDAQ: BITF), HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE)

Key Points: 
  • The Fidelity Director of Global/Macro,Jurrien Timmer indicated that the ongoing rally in Bitcoin could continue towards new record heights over the next two years, Markets Insider reported.
  • The partnership will primarily focus on research and development support for blockchain applications, and in establishing a supply chain for cryptocurrency mining.
  • Mr. Chenjun Li, Co-Chief Executive Officer of AGMH, commented, 'We are delighted to partner with Meten to further develop a blockchain ecosystem that integrates technology, products, sales and service.
  • Building on our recently announced AGMH-HighSharp partnership, we see growing demand for our high-performance mining hardware and related computing equipment.

Cryptocurrencies Quickly Become a Staple for Many Businesses

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Thursday, September 30, 2021
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This is in large part due to the Chinese government's crackdownon cryptocurrencies.

Key Points: 
  • This is in large part due to the Chinese government's crackdownon cryptocurrencies.
  • These 150 miners are supplemental to the 400 miners already paid for and received as part of the original Agreement.
  • The Company leveraged its shares of Preferred B stock to purchase its initial tranche of 400 miners.
  • 'This contract was a win for both companies: We didn't have to part with $3.8 million in cash and Minerset was able to quickly move its inventory,' noted Pierce.

Cryptocurrencies Quickly Become a Staple for Many Businesses

Retrieved on: 
Thursday, September 30, 2021
People, Goal, Social media, Policy, OTC, Good, Carbon, Contextual advertising, PBOC, NBTC, MNI - Market News, Editorial, FINRA, Industry, Disclosure, News, Miner, Twitter, Bank of China, CNBC, Maintenance, Financial News, Privacy, ASIC, Partnership, HIVE, Privacy policy, NASDAQ, Marketing, Company, Blockchain, Marathon, Bank, Instagram, COVID-19, Use, Advertising, Bias, The9, Chair, Research, Cryptocurrency, Public relations

NEW YORK, Sept. 30, 2021 /PRNewswire/ -- The cryptocurrency market has gotten even more complex as the blockchain technology has been integrated into our world. For example, one of the largest crypto exchanges, Coinbase, announced this week that it is delving deeper into traditional financial services, allowing users to deposit paychecks directly into their online accounts. "With direct deposit, customers can more easily access our crypto-first financial services and be ready for any trade or purchase," Max Branzburg, Vice President of Product at Coinbase, said in a blog post. "We're determined to deliver the most trusted full suite of crypto-first financial services to our 68 million users." ISW Holdings Inc. (OTC: ISWH), HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT), Marathon Digital Holdings, Inc. (NASDAQ: MARA), Hut 8 Mining Corp. (NASDAQ: HUT), The9 Limited (NASDAQ: NCTY)

Key Points: 
  • This is in large part due to the Chinese government's crackdownon cryptocurrencies.
  • These 150 miners are supplemental to the 400 miners already paid for and received as part of the original Agreement.
  • The Company leveraged its shares of Preferred B stock to purchase its initial tranche of 400 miners.
  • 'This contract was a win for both companies: We didn't have to part with $3.8 million in cash and Minerset was able to quickly move its inventory,' noted Pierce.

The9 Limited, Polygon, and Protocol Labs Announced Ecosystem Collaboration on NFTSTAR and GameFi Play-to-earn Projects

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Thursday, September 23, 2021
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SINGAPORE, Sept. 23, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, Polygon, an Ethereum scaling platform, and Protocol Labs, Inc. ("Protocol Labs"), a major contributor of open-source projects including InterPlanetary File System, or IPFS, and Filecoin, today announced that they are forming an ecosystem collaboration on The9's Non-Fungible Token (NFT) platform NFTSTAR and GameFi Play-to-Earn projects.

Key Points: 
  • SINGAPORE, Sept. 23, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, Polygon, an Ethereum scaling platform, and Protocol Labs, Inc. ("Protocol Labs"), a major contributor of open-source projects including InterPlanetary File System, or IPFS, and Filecoin, today announced that they are forming an ecosystem collaboration on The9's Non-Fungible Token (NFT) platform NFTSTAR and GameFi Play-to-Earn projects.
  • The9 announced NFTSTAR as one of its core businesses in August 2021.
  • NFTSTAR will accept general payment methods, such as credit cards, to make it easy for mainstream consumers to participate.
  • The three parties have formed an ecosystem collaboration on NFTSTAR and GameFi Projects including but not limited to the following areas:
    The9's NFTSTAR platform and the GameFi projects developed by The9 will consider Polygon as the first priority of public blockchain to support the technical operation and maintenance.

Hatten Land Enters into MOU with Singapore Myanmar Investco to Undertake 'Green' Crypto Mining Activities in Melaka

Retrieved on: 
Thursday, September 16, 2021
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Ltd. ("Hatten Tech") has signed a MOU with SGX Mainboard-listed Singapore Myanmar Investco Limited ("SMI") to jointly explore business opportunities in cryptocurrency mining ("crypto mining") activities.

Key Points: 
  • Ltd. ("Hatten Tech") has signed a MOU with SGX Mainboard-listed Singapore Myanmar Investco Limited ("SMI") to jointly explore business opportunities in cryptocurrency mining ("crypto mining") activities.
  • Both parties will leverage on Hatten Land's space, infrastructure, and comparatively lower energy costs to carry out 'green' cryptomining activities, as Hatten Land steps up efforts to introduce solar energy.
  • Under the MOU, SMI has the intention to install up to 2,000 rigs in Hatten Land's properties in Melaka.
  • The initiative will allow Hatten Land to lower energy costs, accelerate its sustainability efforts and contribute to the 'green' crypto mining.

The9 Limited and KazDigital, a Kazakhstan cryptomining company, signed Term Sheet on establishment of joint venture

Retrieved on: 
Wednesday, August 4, 2021
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SHANGHAI, Aug. 4, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited and Kazakhstan enterprise KazDigital Ltd (hereinafter referred to as "KazDigital") have signed a non-binding term sheet (the "Term Sheet") regarding the establishment of a joint venture company in Kazakhstan to build a cryptocurrency mining site with a capacity of 100MW. It will be used to deploy The9's mining machines and potentially other third-parties' mining machines.

Key Points: 
  • SHANGHAI, Aug. 4, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announcedthat its wholly-owned subsidiary NBTC Limited and Kazakhstan enterprise KazDigital Ltd (hereinafter referred to as "KazDigital") have signed a non-binding term sheet (the "Term Sheet") regarding the establishment of a joint venture company in Kazakhstan to build a cryptocurrency mining site with a capacity of 100MW.
  • According to the Term Sheet, both parties will invest their own assets to establish the joint venture.
  • KazDigital will invest assets related to construction and infrastructure of the mining site into the joint venture, and The9 will invest cash or mining machines in the joint venture.
  • The9 will first transport 1,000 mining machines to Kazakhstan for trial operation to ensure streamline processes and operations in the future.