On January 2, the official WeChat account of Bitcoin China was released"Announcement: Bitcoin China Equity Change, Transformation Technology Service Enterprise", said in the text:
On the first working day of the new year, we're announcing something exciting:Mr. Yang Linke has officially completed the acquisition of 100% equity of Bitcoin China,Bitcoin China will transform into an enterprise that serves the real economy with blockchain technology from now on。
Regarding the future of Bitcoin China, Yang Linke said:
How blockchain technology can bring freedom, joy and happiness to people and solve various trust problems in society is worth exploring! I hope that Bitcoin China can truly serve the real economy and promote the development of the blockchain industry from virtual to real. Of course, this is a very challenging thing,At present, the A round of financing of Bitcoin China has started, welcome more institutions that are optimistic about this direction to cooperate with us.
expressexpress, "In April 2013, Bitcoin China achieved a breakeven, and the transaction volume increased." But then, Bitcoin China was gradually overtaken by OKCoin and Huobi, which were established in 2013.
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Image source: Weibo
On January 3, 2018, Bitcoin China stopped website login and online cash withdrawal services.
, Yang Linke, a shareholder of Bitcoin China, said that 100% of BTCC's equity was transferred to an investment fund in Hong Kong. The original four largest shareholders, including Li Qiyuan, Lightspeed Capital, Yang Linke, and Huang Xiaoyu, all cleared their shares and cashed out.media reports, Yang Linke, a shareholder of Bitcoin China, said that 100% of BTCC's equity was transferred to an investment fund in Hong Kong. The original four largest shareholders, including Li Qiyuan, Lightspeed Capital, Yang Linke, and Huang Xiaoyu, all cleared their shares and cashed out.
In this announcement issued by Bitcoin China’s official WeChat, it also specifically explained the relationship between BTCC and Bitcoin China:
The abbreviation of Bitcoin China is not BTCC. Bitcoin China was co-founded by Yang Linke and Huang Xiaoyu in June 2011. It is the first Bitcoin trading platform in China. Li Qiyuan joined in 2013 and served as CEO. In early 2018,Part of BTCC's business was acquired by a Hong Kong investment company, but this acquisition did not include Bitcoin China.
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Image source: Weibo
However, under the microblog, some netizensjoked, "Don't say it early, don't say it later. When the cornerstone subscription is over, I will come out to refute the rumors. I am also drunk. The information of these big guys is really later than our leeks."
Regarding the change of Bitcoin China’s equity, Luo Yan, the founder of TokenTailor Tailiyou (a financial technology service company in the blockchain industry), told Odaily Daily that the industry is in a cold winter and the entire market is not good.Yang Linke may have bought Bitcoin China back at a very low price. Yang's idea may be to buy some assets at low prices in a bear market, especially assets that he is very familiar with.
Another unnamed industry insider pointed directly at Yang Linke'sspeculative. It told Odaily that Yang Linke took advantage of the bear market to take back Bitcoin China at a low price, and seized TO B projects that are currently optimistic in the market, and became a technical service company for financing. The industry insider ridiculed Yang Linke, a Wenzhou businessman, for his slippery operation.
Previously, the Bitcoin Diamond (BCD) on Yang Linke's platform had beenmedia exposureIt plummeted 60% after Binance nearly 10 times overnight.
I am Qi Ming from Odaily, I explore the real blockchain, and I like to chat with various gods every day. For project communication and breaking news, please add WeChat qingmoruoshui, please note your name, company, and position. For reprinting/content cooperation/reporting, please contact report@odaily.com; illegal reprinting must be punished by law.
I am Qi Ming from Odaily, I explore the real blockchain, and I like to chat with various gods every day. For project communication and breaking news, please add WeChat qingmoruoshui, please note your name, company, and position. For reprinting/content cooperation/reporting, please contact report@odaily.com; illegal reprinting must be punished by law.
