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Jihan Wu News and Articles



Matrixport $1 billion

Bitmain’s Former CEO Jihan Wu’s Matrixport Now Values $1 B

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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...

Jihan Wu

Bitmain ex-head praised PRC for adding control over crypto

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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

Jihan Wu recovers his status in Bitmain

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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...

Bitmain

Mikri Zhang claims Jihan Wu's illegal transfer of 10K miners

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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 Micree Zhan

Micree Zhan attempts to regain control of Bitmain

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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...

Micree Zhan sues Bitmain

Ex-CEO of Bitmain Micree Zhan again sues the company

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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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