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

Dernières de Wolfie Zhao


Marchés

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)

Finance

Founder of Bitmain Rival MicroBT Arrested for Alleged Embezzlement

The arrest, noted by the Shenzhen Nanshan District Prosecutor on Dec. 12 and reported by business publication Caixin on Sunday, comes amid ongoing battles between mining giant Bitmain and MicroBT, which has been a rising competitor this year challenging Bitmain's market dominance.

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

Juridique

China's SEC May Soon Have a Crypto-Savvy Department Chief: Report

China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau.

Yao Qian, director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission

Finance

Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump

Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving.

Bitmain co-founder Jihan Wu (CoinDesk archives)

Marchés

China's Internet Firewall Has Blocked Access to Ethereum Block Explorer Etherscan.io

China's Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of ethereum blockchain data.

Great Wall of China

Finance

Little-Known Crypto Exchange With Ties to a Shanghai Firm Halts Services, Says CEO 'Missing'

IDAX says its unnamed "global CEO has gone missing" and asked customers to stop using its services.

Shanghai image via Shutterstock

Marchés

Crypto Exchange Upbit Confirms Theft of $49M in Ether

342,000 ether have been taken from the wallets of South Korean crypto exchange Upbit, the firm's CEO says.

Korean won

Juridique

Crypto Market's Overreaction to Xi's Blockchain Remark Prompts Tougher Crackdown

The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China.

Chinese President Xi Jinping

Juridique

Singapore Proposes Allowing Bitcoin, Ether Derivatives Trading on Approved Exchanges

The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, may soon allow cryptocurrency-based derivatives to be traded on regulated platforms.

Monetary Authority of Singapore

Marchés

China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns

China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector.

(Sarkao/Shutterstock)