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Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners

Bitdeer Sets Up 0M Fund to Acquire Assets From Financially Distressed Bitcoin MinersAccording to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that “opportunities” arise in “every cycle.” Bitdeer Wants to Acquire Cheap Machines From Distressed Bitcoin Miners […]

Web3 Cyber Threats Surge in 2024: Cyvers Report

Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’

Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about institutions flocking to cryptocurrency mining. During the event Bitdeer outlined the company’s computing partnerships and its plans to make digital currency mining greener. Bitmain’s Cofounder Jihan Wu Is Optimistic About […]

Web3 Cyber Threats Surge in 2024: Cyvers Report