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Wolfie Zhao
Latest from Wolfie Zhao
Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power
Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.
Messaging Giant WeChat Bans Merchant Users From Crypto Trading
Chinese messaging giant WeChat has updated its payments policy that will prevent merchants on the platform from engaging in crypto-related activities.
Bitfinex Shareholder Starts Pre-orders for Exchange Token’s Public Sales
Even though there's still not a white paper for Bitfinex's $1 billion exchange token offering, one shareholder has already started pre-orders.
Bitcoin Mining’s New Bidding War
The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.
Bitfinex Is Planning to Issue an Exchange Token, Shareholder Says
Cryptocurrency exchange Bitfinex is planning to issue a proprietary exchange token, according to a shareholder claiming knowledge of the plan.
Gate.io Raises $64 Million for Launch of New Exchange Cryptocurrency
Crypto exchange Gate.io has raised $64 million in seven days for its exchange cryptocurrency that is yet to be launched on a blockchain.
China's New Policy Isn't An Automatic Bitcoin Mining Ban – Here's Why
Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.
$60 Million and Rising: China's Crypto Funds Try Lending to Beat Bear Market
Investors such as Bixin Capital, FBG Capital and Dong Zhao’s DGroup have been lending tens of millions of dollars in crypto since the fall.
China's Economic Planning Body Labels Bitcoin Mining an 'Undesirable' Industry
A Chinese government agency in charge of macroeconomic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.
Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job
South Korean crypto exchange Bithumb has had over $13 million in EOS stolen in a hack, but says customer funds are safe.
