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

Gate.io Raises $64 Million for Launch of New Exchange Cryptocurrency

| Wolfie Zhao

Crypto exchange Gate.io has raised $64 million in seven days for its exchange cryptocurrency that is yet to be launched on a blockchain.

China’s New Policy Isn’t An Automatic Bitcoin Mining Ban – Here’s Why

| Wolfie Zhao

Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.

$60 Million and Rising: China’s Crypto Funds Try Lending to Beat Bear Market

| Wolfie Zhao

Investors such as Bixin Capital, FBG Capital and Dong Zhao’s DGroup have been lending tens of millions of dollars in crypto since the fall.

China’s Economic Planning Body Labels Bitcoin Mining an ‘Undesirable’ Industry

| Wolfie Zhao

A Chinese government agency in charge of macroeconomic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.

Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

| Wolfie Zhao

South Korean crypto exchange Bithumb has had over $13 million in EOS stolen in a hack, but says customer funds are safe.

Bitmain’s Jihan Wu: ASICs Are Making Ethereum More Decentralized

| Wolfie Zhao

The Bitmain co-founder says ASIC miners are making blockchains more decentralized and ethereum's ProgPow proposal could still be "ASICable."

Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

| Wolfie Zhao

Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, sources say. 

Crypto Mining Giant Bitmain’s IPO Application Has Officially Expired

| Wolfie Zhao

Bitmain’s application to go public in Hong Kong has officially lapsed, meaning there'll be no IPO anytime soon for the mining giant.

Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say

| Wolfie Zhao

Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself.

Don’t Count on Decentralization to Rule Crypto Out as Security: VanEck Exec

| Wolfie Zhao

VanEck's Gabor Gurbacs has questioned whether being "sufficiently decentralized" means a crypto is not a security, as suggested by SEC execs.