Latest from Wolfie Zhao
Manufacturers Mark Down Bitcoin Miners as Price Drop, Halving Change Calculus
Last month’s bitcoin price crash has prompted manufacturers to sell their mining devices at discounts as steep as 20 percent ahead of the May halving.
Bitcoin Mining Difficulty Posts Second-Biggest Percentage Drop in Its History
Competition among Bitcoin miners has eased as the recent price drop thinned the herd, fresh data shows.
Mt. Gox Trustee May Sell Some Crypto Assets, Says Draft Repayment Plan
The trustee of the now-defunct bitcoin exchange intends to liquidate cryptocurrencies other than bitcoin and bitcoin cash as part of a draft rehabilitation plan.
Bitcoin Falls to 2-Month Low Below $8K Amid Global Market Rout
The price of bitcoin has fallen to a one-month low below $7,900, amid a wider sell-off in the global financial markets.
Exiled Bitmain Co-Founder Is Fighting Back With Second Lawsuit
Micree Zhan, the ousted co-founder of Bitmain, has filed another lawsuit in his fight to regain control of the bitcoin mining giant – this time in China.
Crypto Lender Babel Hits $380M in Outstanding Loans
Chinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February.
India’s Supreme Court Lifts Banking Ban on Crypto Exchanges
The Supreme Court of India has ruled against a decision imposed by the country's central bank nearly two years ago that stifled crypto trading in Asia's third-largest economy.
Bitcoin's Computing Power Is Growing Again After Coronavirus-Related Disruption
The bitcoin network’s processing power is growing again as major Chinese miner manufacturers resume shipments following coronavirus-related delays.
World's Top Crypto Miners Race to Roll Out Top-of-Line Machines Ahead of Bitcoin Halving
Bitcoin miner manufacturers Bitmain and MicroBT are racing to bring top-of-the-line machines to market ahead of bitcoin's halving event.
Fidelity International Invests $14M in Hong Kong Crypto Exchange Operator
Fidelity International, a spin-off of the U.S. financial services giant Fidelity Investments, has invested $14 million in Hong Kong-based BC Group, which operates crypto exchange OSL.
