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Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’
1.5.2021
During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about institutions flocking to cryptocurrency mining. During the event Bitdeer outlined the company’s computing partnerships and its plans to make...
Bitcoin Cash antitrust suit dismissed with prejudice
2.4.2021
A Judge has nixed a lawsuit alleging Roger Ver and Jesse Powell and several other crypto figures engaged in market manipulation
US Judge Dismisses Antitrust Case Accusing Bitmain, Kraken, and BCH Devs of Manipulation
1.4.2021
A U.S. court in Miami has dismissed an amended complaint in the lawsuit that accused nine defendants including Kraken founder Jesse Powell, Bitcoin.com founder Roger Ver, Bitmain’s Jihan Wu, and a few open-source Bitcoin Cash developers of collusion. U.S. Magistrate Judge Chris McAliley...
Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com
17.2.2021
A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool...
Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com
16.2.2021
BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu
Lottery Giant 500.com Buys Bitcoin Miner BTC.com From Jihan Wu
16.2.2021
Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel
Listed Chinese online sports lottery service provider 500.com said it agreed to acquire the BTC.com Bitcoin (BTC) mining bussiness from Bitmain co-founder Jihan Wu.
500.com is buying the business in exchange for its newly...
Red Envelopes and BCH: Prominent Mining Execs Jiang Zhuoer and Jihan Wu Bolster Bitcoin Cash
14.2.2021
In recent days, bitcoin cash has seen significant gains, and supporters of the digital currency have been positive about specific developments, like the internet entrepreneur Kim Dotcom’s current support. On February 11, the Chinese New Year, the prominent bitcoin mining executives, Jiang...
Bitmain's Antminer says Bitcoin rig sales won’t be affected by CEO departure
27.1.2021
After corporate infighting temporarily halted chip shipments in 2020, Bitmain's Antminer team says business will resume as normal following former CEO Jihan Wu's departure
Bitmain CEO announces departure in the most crypto way
26.1.2021
“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu
Injecting Apple-like ‘quality-control’ into DeFi is what we need
26.1.2021
Implementing regular, consistent security checks and auditing mechanisms, as Apple does, will increase trust in the DeFi system as a whole
Crypto Lending Heats Up, Jihan Wu Steps Down, FinCEN News + More
26.1.2021
Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto lending news
Full-service crypto prime broker Genesis said...
Bitmain Co-Founder’s Exit Resolves Years-Long Power Struggle as Mining Firm Preps IPO
26.1.2021
Bitmain co-founder Jihan Wu is stepping down from his role as part of his settlement with Micree Zhan
Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company
28.12.2020
The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According...
Bitmain's 'hard fork' to end in $600M settlement in favor of Micree Zhan
22.12.2020
The year-long dispute between Bitmain co-founders appears to be at an end with a $600 million compensation on the table
Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight
15.9.2020
In a new twist of Bitmain's ongoing power fight, co-founder Wu Jihan has regained the legal representative status of the bitcoin mining giant
Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
7.8.2020
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker...
Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On
6.8.2020
The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers
Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia
25.7.2020
Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle...
Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production
20.7.2020
The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer
Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Battle for Top Positions
22.6.2020
On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term.” There’s still a number of SHA256 mining...