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Wolfie Zhao
Latest from Wolfie Zhao
Leaked Recordings Suggest Crypto Lender Babel Leveraged Users' Funds in Longing Bitcoin
Leaked recordings suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market crash.
Bilibili Copycat Tried to Save Itself With a $2M Crypto IEO – It Didn’t Work
A Chinese video streaming copycat service raised $2.1 million via an initial exchange offering in August 2019, but it appears this last resort wasn’t enough to save the company.
Over $280M Drained in KuCoin Crypto Exchange Hack
KuCoin, a cryptocurrency exchange in Asia, disclosed it was hacked and plans on reimbursing or recovering stolen customer funds.
MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share
The new Southeast Asian facility will mean U.S. buyers won't have to pay an additional 25% tax on miner orders.
China State Media Make Rare Reports Calling Crypto 2020's Best Performing Asset
Several Chinese state-owned media companies have made unusual coordinated reports describing cryptocurrencies as the year's top performing investment.
Ethereum’s Pending Transactions Jump 30% After Uniswap’s Token Claim Begins
The number of pending transactions has reached over 210,000 after the claim for Uniswap's UNI token starts.
Japanese Crypto Exchange Accuses Binance of Helping Launder $9M From 2018 Hack
Fisco, formerly Zaif, is suing Binance for "aiding and abetting" the laundering of some of the $60 million stolen in 2018.
Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight
A new twist in the power struggle at Bitmain: Co-founder Jihan Wu has regained the legal representative status of the bitcoin mining giant.
Security Firms Warn of Potential DeFi Exit Scam After $2.5M in 'Locked' Cryptos Moved
Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users' funds.
Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.
