Crypto startup Matrixport, co-founded by digital asset mining firm Bitmain's ex CEO Wu Jihan and Ge Yuesheng in February 2019, raised over $100 M in Series C. Thus, the Singapore-headquartered company's valuation reached $1 B. Matrixport, a financial services company, raised $100 million at a...
According to the former CEO of Bitmain, Jihan Wu, strengthening control over the cryptocurrency industry will positively affect the development of this market segment. He expressed his point of view at the Asia Tech x Singapore conference. Cryptocurrency market capitalization has already exceeded $...
Jihan Wu is again the authorized representative and CEO of Bitmain Technology, Bitmain's Beijing-based operations arm. Mikri Zhang, another co-founder of the organization who was removed by Wu last October but recovered authority earlier this year, is no more the legal representative and CEO. The...
In the conflict for power at Bitmain, the physical theft of mining equipment has now appeared. In a new post on Bitmain's WeChat channel, former Bitmain employees illegally took out 10,000 Antminer bitcoin miners from one of the company's divisions. Reportedly, the S17, T17, S9 series models were...
Bitmain, the largest producer of mining equipment for Bitcoin, has published an official statement condemning ex-CEO Micree Zhan. This is reported by The Block, citing Bitmain's post on Weibo. The statement said that Zhan ignored the interests of the company and all employees and specifically filed...
Former Bitmain CEO Micree Zhan has filed a lawsuit against the Chinese mining giant and subsidiary Zhanhua Intelligence Technologies, according to CoinDesk. A notice from the Changle District Court said the hearing was scheduled for February 11 but was rescheduled due to coronavirus. This is the...
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