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


Tech

It's Now Harder to Mine Bitcoin Than Ever

Bitcoin mining has become more competitive than ever, new network data shows.

Stack of bitcoin miners

Markets

Mt Gox Founder Hit With Lawsuit Over Alleged Fraudulent Misrepresentation

Mt. Gox founder Jed McCaleb has been accused in court of hiding issues at the now-collapsed exchange before selling it to Mark Karpeles.

Jed McCaleb

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)