Tag: Jihan Wu
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Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company...
Matrixport Targets New $100M Funding Round at $1.5B Valuation
Digital assets financial services platform Matrixport is planning to raise $100 million, according to a recent Bloomberg report.If successful, the new funding would value...
First Mover Americas: Binance Increases Recovery Fund, wBTC Loses Its Peg
Crypto lending firm Matrixport is looking to raise $100 million at a $1.5 billion valuation. The Singapore-based firm led by Jihan Wu already has...
Jihan Wu’s Crypto Lender Matrixport Looks to Raise $100M at $1.5B Valuation
The firm sees $5 billion in monthly trading volume, counts $10 billion in assets under management and custody, as well as $700 million in...
This Asian Crypto Lending Giant Is Looking to Raise Funds Despite Market Crisis
One of Asia’s biggest cryptocurrency lenders Matrixport Technologies Pte is looking to raise a staggering $100 million in fresh funding at a $1.5...
Binance “Investing Heavily in DeFi”, Tweets CEO CZ
Earlier, CZ announced that the company will be spending more than $1 billion on potential investments and acquisitions this year. According to Binance, DeFi and NFT projects are among the good options. (Read More)
The Battle For Bitcoin: The Network’s First Major Civil War
This is an opinion editorial by Samson Mow, CEO of JAN3 and former CSO of Blockstream.The first major “civil war” in Bitcoin, which would...
Is Chainlink the special ingredient behind these altcoin rallies
2021 was the year that decentralized finance (DeFi) truly took the cryptocurrency industry by storm, as several new protocols and trading platforms emerged on Ethereum-like Layer 1s. Another trend that could be seen emerging within the smart contract platforms upon which these applications are built was the integration with the decentralized oracle network, Chainlink. The […]
Bitcoin interoperability platform Interlay raises $3M in seed funding
Interlay’s mission is to bring its interBTC product to all major blockchains, including Polkadot, Ethereum and Cosmos, according to founder and CEO Alexei Zamyatin.
Inside China’s Crypto Mining Industry Crackdown: What Exactly Makes Beijing Ban Operations?
Although China has cracked down on cryptocurrencies in recent years, it remains the largest bitcoin mining country in the world, with more than 65% of the total hashrate.
Bitcoin Mining companies in China move to other countries
TL;DR Breakdown • Kazakhstan is the preferred point for Bitcoin mining companies.• China continues its crackdown on cryptocurrencies. Companies dedicated to Bitcoin mining in China have continues to transfer their operations to other countries. This comes as Beijing increases pressure on its efforts to ban cryptocurrencies. China has been slowing down the cryptocurrency market for […]
Why this is a ‘tremendously positive’ thing to have happened to Bitcoin
China may no longer be the hub of Bitcoin's mining activity it once was, as several bitcoin mining farms in the country were shut down by its government, in the last few months. As of yesterday, 26 mi
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