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Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer

[May 31 6:59 AM] Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said.

Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency

[Sep 5, 2023 1:30 PM] A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How…

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

[Apr 13, 2023 1:30 AM] According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining…

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

[Jan 28, 2023 1:30 AM] The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and…

Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

[Nov 25, 2022 1:30 PM] Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give…

Crypto lender Matrixport seeks $100M funding despite lending crisis

[Nov 25, 2022 4:31 AM] Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.