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Wolfie Zhao
Latest from Wolfie Zhao
Bitmain Co-Founder Offers Share Buyback at $4B Valuation to End Power Struggle
The offer seems an apparent effort to bring about negotiations that could end the divisions that have been tearing the company apart.
Bitcoin Miner Maker Ebang Estimates $2.5M Loss for Q1 in IPO Prospectus Update
The Chinese firm also revealed its anticipated share price in its updated filing with the U.S. SEC.
Bitcoin Mining Difficulty Makes Biggest Jump in 29 Months
Miners now face the fourth-most difficult two-week mining period in Bitcoin's history, even though it's only been a little over a month since the halving.
Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments
Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer.
ETH Whale Pays $5.2M in Fees for 2 Mysterious Transfers Totaling $82K [Updated]
Over the past two days, an unknown wallet holder has paid some $5.2 million in transaction fees for two ether transactions.
Chinese Police Freezing OTC Traders' Bank Accounts Over 'Tainted' Crypto Transactions
Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets.
Bitmain's Feuding Co-Founders Are Fracturing the Firm and Staff Are Caught in the Middle
Staff at bitcoin miner manufacturer Bitmain are being forced to choose between its two co-founders as a long-running feud over control of the firm worsens.
Bitcoin Mining Difficulty Drops 9% to January Levels
Bitcoin has just got easier to mine while major manufacturers have started shipping their latest machines ahead of China's rainy summer season.
Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service
Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.
Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.
