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


Pananalapi

Insolvent Exchange FCoin Had Bitcoin Outflow Problems Just Two Months After Launch: Report

The FCoin exchange, which revealed its insolvency this week, may have already had issues as early as July 2018.

Zhang Jian image via CoinDesk archive

Merkado

Crypto Exchange FCoin Insolvent After Revealing Up to $130M Bitcoin Shortfall

Fcoin, a crypto exchange that adopted the controversial "trans-fee mining" model, has paused trading and withdrawal services after revealing a shortage of crypto assets worth up to $130 million.

Zhang Jian image via CoinDesk archive

Pananalapi

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain's Market Share

Bitcoin miner maker MicroBT rapidly expanded market share by selling over half a million units in 2019, chipping away at rival Bitmain's dominance.

MicroBT founder Yang Zuoxing speaking at an event hosted by Poolin in September 2019.

Merkado

China’s Coronavirus Whistleblower Is Now Memorialized on Ethereum

Someone has just created a smart contract on the ethereum blockchain with source codes in the shape of a monument in memorial of Dr. Li Wenliang, the whistleblower of China's coronavirus outbreak who died of the disease.

Screenshot of the smart contract monument created in memorial of Dr. Li Wenliang

Merkado

Reginald Fowler Rejects Plea Deal in Crypto 'Shadow Bank' Case

Reginald Fowler has rejected a plea deal with the U.S. government in an ongoing case that accuses him of operating "shadow bank" services tied to crypto exchanges.

(Shutterstock)

Pananalapi

Bitfinex Investor's Crypto Lending Startup Posts $2.3M in 2019 Revenue

China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019.

Zhao Dong spoke at cryptocurrency event in March 2018 hosted by Mars Finance. Zhao's image courtesy to Mars Finance

Pananalapi

How Was It Possible for Bitmain to Oust Its Largest Shareholder Overnight?

Corporate documents reveal new details about the ouster of Bitmain co-founder Ketuan "Micree" Zhan.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Pananalapi

China May Soon Have Its First Blockchain Exchange-Traded Fund

China Securities Regulatory Commission has recently received an application for listing a blockchain-based exchange-traded fund.

(Sarkao/Shutterstock)

Pananalapi

Lawsuit Shows How a Public Firm's $80M Bet on Bitcoin Miners Went Terribly Wrong

The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off.

Bitcoin mining facility via CoinDesk archives

Merkado

Bitmain’s Miner Manufacturing Subsidiary Had $680K in Assets Frozen in a Contract Dispute

In the latest contract dispute to hit the firm, $680,000 belonging to a fully owned subsidiary of bitcoin mining giant Bitmain has been frozen by a Chinese court.

(Credit: Shutterstock)