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: @wolfiezhao. Email: wolfie@coindesk.com. Telegram: wolfiezhao

Wolfie Zhao

Latest from Wolfie Zhao


Markets

Internet Cafes Hacked to Mine $800k in Siacoin Cryptocurrency

A group of hackers have allegedly colluded with computer maintenance firms in China to place malware on internet cafe computers to mine cryptos.

internet cafe

Markets

Montana County Delays Decision on Bitcoin Mining Suspension

A county in the U.S. state of Montana has postponed a decision on whether it should temporarily ban new bitcoin mining projects.

The average home in the U.S. uses 10,837 kWh per year.

Markets

Walmart Patent Eyes Crypto Payments for Power Supply Precision

Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.

Walmart

Markets

Chinese City Causes Confusion with Digital Asset Exchange Proposal

A city government in China is mulling the creation of a "blockchain digital asset exchange," but no one is quite sure what it means.

chongqing china

Markets

Crypto Tycoons Spar Over Alleged 30,000 Bitcoin Debt

Li Xiaolai, a noted Chinese bitcoin investor, has said he may take legal action against another Chinese entrepreneur over claims about a bitcoin fund.

bitcoins

Markets

Thailand's SEC Expects to Approve 5 ICOs This Month

Thailand's securities regulator is reportedly about to make the country one of the first to register token sales in a regulated environment.

Thai baht

Markets

Chinese Banks to Put Credit Blacklist on a Shared Blockchain

The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.

suning

Markets

Banks' Blockchain Budgets Spiked 67% in 2017, Survey Finds

Blockchain budgets at global banks' increased sharply in 2017, pushing combined annual spending to $1.7 billion, according to a new survey.

calculator

Markets

Blockchain Is 'Revolutionary,' Says German Finance Regulator Chief

The president of BaFin thinks blockchain-based applications are "revolutionary" and could turn the entire financial sector "upside down."

BaFin image via Shutterstock

Markets

JD.com's Finance Arm to Issue Asset-Backed Securities on a Blockchain

JD Finance, a subsidiary of Chinese e-commerce giant JD.com, has announced a pilot issuance of asset-backed securities over a blockchain.

JD