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

China’s Biggest Payment Firms Have No Plans to Follow Facebook into Crypto

| Wolfie Zhao

WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.

Bank of England Governor Says Facebook’s Libra Crypto Will Be Scrutinized

| Wolfie Zhao

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.

Bitmain Lawsuit Seeks Millions from Staffers Who Founded Rival Mining Pool

| Wolfie Zhao

Crypto mining giant Bitmain is locked in a legal battle with former employees who started a rival bitcoin mining pool, Poolin.

Coinbase Expands Cryptocurrency Visa Debit Cards Across Europe

| Wolfie Zhao

Coinbase has expanded its Visa debit card service to six European countries, allowing customers in the region to spend their digital assets.

$1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot

| Wolfie Zhao and Leigh Cuen

Polkadot’s bid for unicorn status has hit a snag, with three Chinese funds buying into the token sale at valuations below $1 billion.

Facebook Holds Talks With CFTC Over GlobalCoin Cryptocurrency: Report

| Wolfie Zhao

Facebook has started discussion with the U.S. CFTC over potential regulatory issues over the social media giant's crypto stablecoin initiative.

China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

| Wolfie Zhao

Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.

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Facebook to Roll Out ‘GlobalCoin’ Cryptocurrency in 2020: Report

| Wolfie Zhao

Social media giant Facebook is set to roll out its own cryptocurrency – internally called 'GlobalCoin' – in 2020, according to a report from the…

Binance CEO CZ Is Suing VC Giant Sequoia for Reputational Damages

| Wolfie Zhao

Binance CEO Changpeng Zhao is taking Sequoia Capital back to court, claiming the VC firm hurt his reputation.

Traders Accused of Illegally Collecting $56 Million in Bitcoin for Loan Scheme

| Wolfie Zhao

Two OTC traders in China have been accused of illegally soliciting over 7,000 bitcoin in deposits for a supposed loan offering.