Bitmain No Longer Under Influence of Jihan Wu, Says Lawyer

Bitmain co-founder Jihan Wu no longer has influence over the company’s decision-making processes after an executive board reshuffle, a lawyer told local media November 12. Wu Now ‘Supervisor’ As Sanyan Blockchain reports, the mining giant altered the make-up of its board last week. Among the changes, Wu’s position went from a director to a “supervisor,” […]

Continue Reading

BREAKING: Bitfinex Reportedly Halts Fiat Deposits

Bitfinex, the world’s fourth-largest cryptocurrency exchange by means of trading volume, has purportedly halted fiat deposits temporarily. EUR, USD, JPY, GBP Wire Deposits Temporarily Halted Screenshots of customer accounts started circulating on social media moments ago, suggesting that the British Virgin Islands-based and Hong-Kong-operated cryptocurrency exchange has temporarily paused wire deposits with EUR, USD, JPY, […]

Continue Reading

BREAKING: Mt. Gox ‘Bitcoin Whale’ Trustee Won’t Sell Any More BTC

Allen Scott · June 22, 2018 · 9:00 am The Tokyo District Court has approved the commencement of civil rehabilitation in the ongoing Mt. Gox bankruptcy — with the process to expected to start early next year.  Mt. Gox Trustee Won’t Dump Any More Bitcoin Mt. Gox creditors are one step closer to receive more […]

Continue Reading

Vladimir Putin Endorses Blockchain: Russia Can’t Be ‘Late In The Race’

Russian Federation President Vladimir Putin endorsed blockchain technology during a meeting on Sunday with Herman Gref, the president of Sberbank, Russia’s largest bank. ‘We Need Professionals in This Field’ Gref, who said his bank would implement blockchain into its business, suggested to Putin that the Russian government should include blockchain technology in education and professional […]

Continue Reading