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

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Leaked Recordings Suggest Crypto Lender Babel Leveraged Users' Funds in Longing Bitcoin

Leaked recordings suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market crash.

Leaked recordings suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market crash.

CoinDesk - Unknown
CoinDesk - Unknown
Bilibili Copycat Tried to Save Itself With a $2M Crypto IEO – It Didn’t Work

A Chinese video streaming copycat service raised $2.1 million via an initial exchange offering in August 2019, but it appears this last resort wasn’t enough to save the company.

A Chinese video streaming copycat service raised $2.1 million via an initial exchange offering in August 2019, but it appears this last resort wasn’t enough to save the company.

CoinDesk - Unknown
CoinDesk - Unknown
Over $280M Drained in KuCoin Crypto Exchange Hack

KuCoin, a cryptocurrency exchange in Asia, disclosed it was hacked and plans on reimbursing or recovering stolen customer funds.

KuCoin, a cryptocurrency exchange in Asia, disclosed it was hacked and plans on reimbursing or recovering stolen customer funds.

CoinDesk - Unknown
CoinDesk - Unknown
MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share

The new Southeast Asian facility will mean U.S. buyers won't have to pay an additional 25% tax on miner orders.

The new Southeast Asian facility will mean U.S. buyers won't have to pay an additional 25% tax on miner orders.

CoinDesk - Unknown
CoinDesk - Unknown
China State Media Make Rare Reports Calling Crypto 2020's Best Performing Asset

Several Chinese state-owned media companies have made unusual coordinated reports describing cryptocurrencies as the year's top performing investment.

Several Chinese state-owned media companies have made unusual coordinated reports describing cryptocurrencies as the year's top performing investment.

CoinDesk - Unknown
CoinDesk - Unknown
Ethereum’s Pending Transactions Jump 30% After Uniswap’s Token Claim Begins

The number of pending transactions has reached over 210,000 after the claim for Uniswap's UNI token starts.

The number of pending transactions has reached over 210,000 after the claim for Uniswap's UNI token starts.

CoinDesk - Unknown
CoinDesk - Unknown
Japanese Crypto Exchange Accuses Binance of Helping Launder $9M From 2018 Hack

Fisco, formerly Zaif, is suing Binance for "aiding and abetting" the laundering of some of the $60 million stolen in 2018.

Fisco, formerly Zaif, is suing Binance for "aiding and abetting" the laundering of some of the $60 million stolen in 2018.

CoinDesk - Unknown
CoinDesk - Unknown
Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight

A new twist in the power struggle at Bitmain: Co-founder Jihan Wu has regained the legal representative status of the bitcoin mining giant.

A new twist in the power struggle at Bitmain: Co-founder Jihan Wu has regained the legal representative status of the bitcoin mining giant.

CoinDesk - Unknown
CoinDesk - Unknown
Security Firms Warn of Potential DeFi Exit Scam After $2.5M in 'Locked' Cryptos Moved

Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users' funds.

Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users' funds.

CoinDesk - Unknown