Wolfie Zhao

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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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China Construction Bank
China's Digital Currency May Come With Hardware Wallets as Well
China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works.
China Construction Bank
China Construction Bank
Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention
China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attent...
China Construction Bank
(HelloRF Zcool/Shutterstock)
Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia
Affected mining centers in the area may see a notable increase in electricity costs.
(HelloRF Zcool/Shutterstock)
Layer1's West Texas mining facility (Layer1)
Bitcoin Miner Layer1 Overstated Industry Vet's Involvement in $50M Series A Pitch
Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – but tha...
Layer1's West Texas mining facility (Layer1)
Bitcoin mining farm (CoinDesk archives)
Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China
Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.
Bitcoin mining farm (CoinDesk archives)
bitcoin miner
Daily Profitability for Ethereum Miners Hits Over 2-Year High
The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency.
bitcoin miner
Bitcoin miner image (CoinDesk archive)
Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On
The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.
Bitcoin miner image (CoinDesk archive)
Bitcoin mining facility via CoinDesk archives
The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners
Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be to...
Bitcoin mining facility via CoinDesk archives
Huobi CEO Leon Li
Huobi Hires Former Banking Giant Executive to Lead New DeFi Fund
The crypto exchange group is forming a new fund to invest tens of millions of dollars in the DeFi space.
Huobi CEO Leon Li
(chinahbzyg/Shutterstock)
Police Arrest 27 Alleged Masterminds Behind $5.7B Plus Token Crypto Scam
Chinese police have arrested 27 leaders and 82 others suspected of operating the Ponzi scheme.
(chinahbzyg/Shutterstock)