Wolfie Zhao

A member of the CoinDesk editorial team since June 2017, Wolfie now focuses on writing business stories related to blockchain and cryptocurrency. Twitter: <a href="https://twitter.com/wolfiezhao">@wolfiezhao</a>. Email: wolfie@coindesk.com. Telegram: wolfiezhao

Wolfie Zhao

Latest from Wolfie Zhao


Markets

Wait for October: New Bitcoin Miner Demand Is Again Outstripping Supply

Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October.

miner

Markets

LINE's Crypto Exchange Could Win Japan License This Month, Report Says

Japanese messaging giant LINE may soon be able to open a cryptocurrency exchange for its 80 million users based in the country.

line app

Tech

China's Biggest Payment Firms Have No Plans to Follow Facebook into Crypto

WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.

Alibaba

Markets

Bank of England Governor Says Facebook's Libra Crypto Will Be Scrutinized

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.

Photo of Mark Carney

Markets

Bitmain Lawsuit Seeks Millions from Staffers Who Founded Rival Mining Pool

Crypto mining giant Bitmain is locked in a legal battle with former employees who started a rival bitcoin mining pool, Poolin.

Jihan Wu

Markets

Coinbase Expands Cryptocurrency Visa Debit Cards Across Europe

Coinbase has expanded its Visa debit card service to six European countries, allowing customers in the region to spend their digital assets.

Coinbase Card. Image courtesy of the firm

Markets

$1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot

Polkadot’s bid for unicorn status has hit a snag, with three Chinese funds buying into the token sale at valuations below $1 billion.

web3

Markets

Facebook Holds Talks With CFTC Over GlobalCoin Cryptocurrency: Report

Facebook has started discussion with the U.S. CFTC over potential regulatory issues over the social media giant's crypto stablecoin initiative.

(Shutterstock)

Markets

China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.

Bitcoin mining facility via CoinDesk archives

Markets

Facebook to Roll Out 'GlobalCoin' Cryptocurrency in 2020: Report

Social media giant Facebook is set to roll out its own cryptocurrency – internally called 'GlobalCoin' – in 2020, according to a report from the BBC.

mark, facebook