Matrixport, a part of Jihan Wu’s Bitmain exit strategy, is now valued at over $1 billion in just 2 years.
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Category: Jihan Wu
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Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’
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 digital currency mining greener. Bitmain’s Cofounder Jihan Wu Is Optimistic About […]Powered by WPeMatico
Bitcoin Cash antitrust suit dismissed with prejudice
A Judge has nixed a lawsuit alleging Roger Ver and Jesse Powell and several other crypto figures engaged in market manipulation.
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US Judge Dismisses Antitrust Case Accusing Bitmain, Kraken, and BCH Devs of Manipulation
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 dismissed the amended complaint under Federal Rule of Civil Procedure on March […]Powered by WPeMatico
Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com
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 Per the announcement, the online lottery service provider bought the […]Powered by WPeMatico
Red Envelopes and BCH: Prominent Mining Execs Jiang Zhuoer and Jihan Wu Bolster Bitcoin Cash
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 Zhuoer and Jihan Wu joined a Satoshi’s Angels discussion channel and spoke favorably […]Powered by WPeMatico
Bitmain’s Antminer says Bitcoin rig sales won’t be affected by CEO departure
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.
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Bitmain CEO announces departure in the most crypto way
“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu.
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Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company
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 to Chinese media outlets, citing local crypto journalist Colin Wu, […]
The post Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company appeared first on Bitcoin News.
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Bitmain’s ‘hard fork’ to end in $600M settlement in favor of Micree Zhan
The year-long dispute between Bitmain co-founders appears to be at an end with a $600 million compensation on the table.
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