Category: NEWS

Ethereum will conclude its two-year transition to proof of stake this week with the launch of the Shanghai upgrade on April 12. The move will introduce a number of technical improvements to the network, but most Ethereum traders only care about one thing ... ( read original story ...)

Ethereum ’s upcoming Shanghai hard fork likely won’t drastically affect the price of ether ( ETH ), said Brian Mosoff, CEO of technology company Ether Capital. ( read original story ...)

Tesla plans to build a factory in Shanghai to produce its large-scale batteries, the electric car maker announced Sunday. The company said the plant in China would be able to produce 10,000 Megapack power-storage units a year. Tesla's Megapacks are giant ... ( read original story ...)

Tesla is bolstering its presence in China’s biggest city. The EV maker is opening a new Megafactory in Shanghai, according to a tweet shared on Sunday. The new site will reportedly be capable of ... ( read original story ...)

Ether is finally untethering itself from mining—and driving renewed debate about bitcoin’s environmental impact. ( read original story ...)

The new plant will strengthen the electric-vehicle company's operations in the country, and CEO Elon Musk said the facility would supplement the output of its Megapack factory in California. ( read original story ...)

Shanghai has welcomed a slew of top executives from leading personal-care and beauty companies, and they've pledged further investment plans. It could not be a pure coincidence as the city, known for its position as a consumption center, ( read original story ...)