News
Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.
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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
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.
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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.
4229 - 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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Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office.
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Bitmain co-founder Jihan Wu claimed that he was removed from the company without his consent and has said he will return, by legal methods if necessary.
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Sudden change at the top of the mining giant appears unexpected, with fellow co-founder Jihan Wu threatening staff who do not shun Micree Ketuan Zhan immediately.
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Speculation remains over whether Jihan Wu will serve as chairman or CEO of Matrix, the upcoming crypto services startup.
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Anonymous people familiar with the plans told local mainstream media that Bitmain’s product engineering head will replace the duo.
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Unsubstantiated reports quoting a lawyer from Bitcoin mining giant Bitmain suggest co-founder Wu no longer has executive power.
8513 - Analysis
Will Bitcoin Cash split? An extended overview of convictions, mind games, and “cheat codes” used by Bitcoin ABC and Bitcoin SV to beat one another.
17318 - News
For the first time, Fortune has created a crypto-focused version of its prestigious “40 under 40” honor roll for the most powerful young disruptors in global business.
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