As long as POW does not disappear, miners will always find ways to survive and even make enough money. Just like Wu Jihan, who has experienced the peak, turmoil, palace fighting, and low-key behavior, he can still flexibly continue to contribute the Chinese people's strength to the mining industry.
JinseFinanceIf someone asks me, what is the purpose of the short-selling report issued by Matrixport founded by Wu Jihan yesterday? The motive is hard to reveal, but it certainly created a sense of panic in the market.
JinseFinanceTether has recently issued a comprehensive rebuttal to address growing concerns surrounding the inclusion of securities issued by Chinese companies in the reserves of USDT.
Bitcoinist
Coinlive Coinbase’s stock jumped Wednesday following news that the cryptocurrency exchange had reached a $100 million settlement with the New York Department of Financial Services.
decryptGalaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.
CoindeskTether, which is the largest stablecoin issuer by market capitalization, added its offshore Chinese Yuan (CNHT) to the Tron network.
OthersThe largest stablecoin issuer said it had to comply with law enforcement.
Crypto Potato"Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more," said R. Brian Timmons.
CointelegraphTether reports that its total commercial paper exposure has been cut to $3.7 billion from $30 billion just one year ago.
Cointelegraph