The CEOs of leading mining ASIC producer Bitmain will be allegedly soon be retiring to give place to a successor surnamed Wang. Jihan Wu and the Jenke Group will be reportedly soon retire as CEOs of leading mining ASIC producer Bitmain. Rumors about their departure were reported by Chinese local media Odaily on Dec. 28.… Continue reading Unconfirmed: Chinese Media Reports Jihan Wu, Jenke Group to Soon Resign as Bitmain CEOs
Category: Bitmain
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Report: The Biggest Crypto Bears Are Selfish Chinese Miners
Many have been wondering which group represents the majority of crypto bears recently as prices keep plummeting. Those that got into crypto within the last year have likely fled the scene with tails between their legs and burnt fingers. That leaves long term hodlers, institutional investors, and Chinese crypto miners. Chinese Miners Playing the Short… Continue reading Report: The Biggest Crypto Bears Are Selfish Chinese Miners
Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation
Florida-based UnitedCorp has launched a suit against Roger Ver and some other major industry players for allegedly planning a scheme to take control of the BCH network. Florida-based United American Corp. (UnitedCorp) has purportedly filed a lawsuit against Bitmain, Bitcoin.com, Roger Ver, and the Kraken Bitcoin Exchange, according to a press release published Dec. 6.… Continue reading Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation
Bitmain Launches Crypto Index for Investors, Provides Data on 17 Digital Assets
Chinese cryptocurrency mining hardware manufacturer Bitmain has just released its own cryptocurrency index. Going forward, the firm will provide market data for 17 of the largest digital assets by market capitalisation. Bitmain Crypto Index Will Track 17 of the Most Popular Digital Assets One of the planet’s largest producers of digital currency mining hardware has… Continue reading Bitmain Launches Crypto Index for Investors, Provides Data on 17 Digital Assets
Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter
The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions,… Continue reading Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter
Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto
Bitman sues unknown hacker who allegedly stole $5.5 million worth of crypto by using Binance and Bittrex wallets for manipulation of MANA token. China-based Bitcoin (BTC) mining giant Bitmain has sued an anonymous hacker for the alleged theft of cryptocurrency worth $5.5 million from Bitmain’s account on Binance in April, according to a lawsuit filed… Continue reading Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto
Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases
Major Chinese mining hardware manufacturers could fall under new U.S. tariffs on Chinese-manufactured goods, reaching as high as 25 percent. Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts… Continue reading Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases