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


Markets

China's Economic Planning Body Labels Bitcoin Mining an 'Undesirable' Industry

A Chinese government agency in charge of macroeconomic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.

chinese flag

Markets

Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

South Korean crypto exchange Bithumb has had over $13 million in EOS stolen in a hack, but says customer funds are safe.

Bithumb app

Markets

Bitmain's Jihan Wu: ASICs Are Making Ethereum More Decentralized

The Bitmain co-founder says ASIC miners are making blockchains more decentralized and ethereum's ProgPow proposal could still be "ASICable."

Wu Jihan

Markets

Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, sources say. 

Credit: CoinDesk archives

Markets

Crypto Mining Giant Bitmain's IPO Application Has Officially Expired

Bitmain’s application to go public in Hong Kong has officially lapsed, meaning there'll be no IPO anytime soon for the mining giant.

Jihan Wu

Markets

Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say

Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself.

Stack of bitcoin miners

Markets

Don’t Count on Decentralization to Rule Crypto Out as Security: VanEck Exec

VanEck's Gabor Gurbacs has questioned whether being "sufficiently decentralized" means a crypto is not a security, as suggested by SEC execs.

TOKEN2049

Markets

Avalon Miner Maker Canaan Raises ‘Hundreds of Millions’ in New Funding

Canaan Creative, the maker of Avalon miners, has closed a significant funding round, valuing the firm at over $1 billion, according to a report.

Avalon ASIC chips

Markets

Mining Pool Splits $300K Ether Fee With Accidental Sender

Ethereum mining pool Sparkpool has verified the accidental sender of an unusually high miners' fee and agreed to split the amount.

eth, ethereum

Markets

Swiss Exchange to List XRP Exchange-Traded Investment Product

Swiss stock exchange SIX will soon list an XRP-based ETP from Amun AG, with other crypto products planned for later in 2019.

Hany Rashwan