Business 7 June 2019

Jihan Wu planning launch of new crypto services company: report

The former head of Chinese mining company Bitmain is reported to be launching a new startup as soon as July, with a focus on crypto services.

Business 26 April 2019

Jihan Wu on his own? Bitmain reportedly wants out of ‘failure’ Bitcoin Cash

Sources claimed Chinese crypto mining equipment maker Bitmain “will dial down the support” for the BCHABC project.

Business 16 January 2019

Bitmain cutbacks claim another victim—Wormhole

Is Wormhole, the supposed game-changing project backed by Bitmain CEO Jihan Wu, is no longer “auxiliary” to the Chinese cryptocurrency mining company?

Business 10 January 2019

Haichao Wang replaces Jihan Wu at Bitmain

Wang, currently the product engineering director at Bitmain, is “poised” to succeed the crypto mining hardware company’s CEOs, Jihan Wu and Micree Zhan, according to reports.

Business 28 December 2018

‘For the better survival of Bitmain’: Embattled Jihan Wu, co-CEO reportedly resigning

The crypto mining company's top man, Jihan Wu, is reportedly about to quit his chief executive position at Bitmain, along with his co-CEO Micree Zhan.​

Business 7 December 2018

Meet the players in the BCH Market Manipulation Lawsuit

On Thursday, a lawsuit was filed in Florida’s Southern District against a group of cryptocurrency heavyweights alleging intentional fraud and market manipulation surrounding the recent Bitcoin Cash BCH update.

Business 7 December 2018

Breaking down the United American lawsuit against Bitmain, Roger Ver, et al

The cryptocurrency world was rocked Thursday by the announcement of a huge lawsuit that was launched by United American Corp. (UAC) against a large number of Bitcoin Cash BCH supporters.

Business 6 December 2018

Lawsuit links Bitmain, Roger Ver group to ‘premeditated hostile takeover’ of Bitcoin Cash network

Bitmain, its co-founder Jihan Wu, along with his “team of conspirators” including Bitcoin.com CEO Roger Ver, ABC lead developer Amaury Sechet, Kraken and its CEO, Jesse Powell, will have a lot to answer for. On Thursday, a lawsuit was filed before the U.S. District Court for the Southern District of Florida accusing the group of fraud and market manipulation.

Business 26 November 2018

Bitmain has a choice—pay up or else

In addition to having to answer for a number of financial irregularities ahead of its planned initial public offering (IPO), the cryptocurrency mining equipment manufacturer has already been targeted for allegedly stealing the design of a miner.

Business 15 November 2018

Jihan Wu out as top man of Bitmain board

According to Chinese media outlet 8btc.com, Jihan Wu has stepped down as executive director of the board of the cryptocurrency mining equipment manufacturer.

Business 4 November 2018

Bitmain on verge of losing chip supplier, debts mounting

Multiple sources close to Bitcoin mining manufacturer Bitmain claim that the company is no longer receiving chips from chief supplier Taiwan Semiconductor Manufacturing Company.