The market has indeed entered a deep bear market. Although Wu Jihan is an individual, his liquidation is representative, and to some extent represents the sentiments and actions of some early Bitcoin OGs.
JinseFinanceFrom the "Chinese evangelist" who translated the Bitcoin white paper to the "king of mining machines" who controls the world's computing power.
JinseFinanceChinese scholars acknowledge Bitcoin as property, signaling a potential shift in the country's stance on cryptocurrency. This recognition challenges previous perceptions and may lead to a relaxation of the Bitcoin ban. Market responds positively, with Bitcoin price rising by 1.90% to $64,897.90.
Huang BoAs 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.
JinseFinanceOnce hailed as geniuses, the likes of FTX's Sam Bankman-Fried, Terra's Do Kwon, and 3AC's Su Zhu and Kyle Davies, have fallen into the ranks of crypto 'super villains'.
CatherineAs NFT holders look for new ways to monetize their digital collectibles, creators might seek to define what collectors can and can’t do with the original artwork.
CoindeskThe U.K Law Commission has now proposed changes with an intention to clarify what exactly crypto property laws are. In ...
BitcoinistIn posting NFT artwork on social media, a new owner could be breaking intellectual property laws. A “wave of litigation has already begun.”
CointelegraphNot all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud.
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