Jihan Wu's Matrixport Cuts 10% of Staff
At press time, Matrixport had more than 290 employees serving customers in 40 countries.
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Jan 27, 2023 at 12:13 p.m. UTC
Jan 27, 2023
jihan wu
Jihan Wu's Crypto Lender Matrixport Looks to Raise $100M at $1.5B Valuation
Matrixport has $5 billion in trading volume every month, along with $10 billion in assets under management and custody.
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Nov 25, 2022 at 8:36 a.m. UTC
Nov 25, 2022
Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report
Wu's Bitdeer Technologies will initially invest $50 million and aims to raise another $200 million from outside investors.
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Sep 27, 2022 at 2:23 p.m. UTC
Sep 27, 2022
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Bitmain Co-Founder Exits, Resolving Years-Long Power Struggle as Mining Firm Preps IPO
Bitmain co-founder Jihan Wu is stepping down from his role as part of a settlement.
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Jan 26, 2021 at 3:37 p.m. UTC
Jan 26, 2021
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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.
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Sep 15, 2020 at 3:20 a.m. UTC
Sep 15, 2020
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Bitmain Co-Founder Offers Share Buyback at $4B Valuation to End Power Struggle
The offer seems an apparent effort to bring about negotiations that could end the divisions that have been tearing the company apart.
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Jun 22, 2020 at 9:25 a.m. UTC
Jun 22, 2020
Bitmain's Feuding Co-Founders Are Fracturing the Firm and Staff Are Caught in the Middle
Staff at bitcoin miner manufacturer Bitmain are being forced to choose between its two co-founders as a long-running feud over control of the firm worsens.
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Jun 4, 2020 at 2:35 p.m. UTC
Jun 4, 2020
Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation
After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl.
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May 8, 2020 at 9:40 a.m. UTC
May 8, 2020
Bitmain Spin-Off Matrixport Seeks $300M Valuation in Latest Funding Round
Matrixport began pitching investors a few weeks ago with the aim of raising $40 million.
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Mar 4, 2020 at 3:00 p.m. UTC
Mar 4, 2020
How Was It Possible for Bitmain to Oust Its Largest Shareholder Overnight?
Corporate documents reveal new details about the ouster of Bitmain co-founder Ketuan "Micree" Zhan.
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Jan 20, 2020 at 7:00 a.m. UTC
Jan 20, 2020