News
Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said.
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Jihan Wu News
Jihan Wu is a Bitmain — the Bitcoin miner company producing ASIC chips — co-founder and an outspoken supporter of Bitcoin Cash. In 2017, he was ranked one of the 10 most influential figures in the blockchain world by Coindesk. Jihan Wu holds a degree from Peking University and currently lives in China. Before Jihan Wu Bitcoin’s involvement, he had been working as an analyst and private equity fund manager. Wu has translated Satoshi Nakamoto’s white paper into Chinese. In 2013, he became one of three founders of Bitmain, which currently controls the ASIC miner market and the largest mining pool Antpool. This, and his advocacy of Bitcoin Cash, have encouraged some people to criticize him. So, the name of Jihan Wu is one of the most controversial in the Bitcoin community.
- News
Bitdeer said Jihan Wu would be moving from chair of the company’s board of directors to CEO starting on March 1, replacing Linghui Kong.
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Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.
6248 - News
An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023.
2444 - News
Matrixport, a part of Jihan Wu’s Bitmain exit strategy, is now valued at over $1 billion in just two years.
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“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu.
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Bitmain releases a public statement saying that co-founder Zhan’s claims of owning a 36% stake in Fujian Zhanhua are baseless.
4354 - Analysis
The first Bitcoin Cash halving sees miner exodus, declining profitability and no significant upward price action.
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The ousted co-founder of Bitcoin mining giant Bitmain — Micree Zhan — has issued a statement opposing purported labor cuts at the firm.
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