Weber Woo

Weber Woo is a co-founder and former CEO of , recognized as the first social-infused . He contributed to integrating social features aimed at enhancing user engagement on the platform.[1][2]

Education & Early Life

Weber Woo is from Shanghai, China. He earned a Bachelor's degree in Economics from Harbin University of Commerce, graduating in 2007, and later pursued an MBA at Shanghai Jiao Tong University from 2011 to 2013. During his MBA studies in 2012, Woo encountered for the first time after reading an article about use in Iran as a means to circumvent economic sanctions.

In 2013, Woo's interest in grew as he and his friends began mining the . From 2013 to 2016, he concentrated on and trading, managing a facility in Yunnan and Sichuan provinces in China with 100,000 machines, mainly owned by customers.

By the end of 2016, he initiated a mining pool business, including , , ETC, ZEC, SC, and DCR in the portfolio, and at one point, managed 5% of the global computing power. In early 2017, Woo invested in a exchange in China, which ceased operations in September 2017 due to new regulatory policies.[1][3][4]

XT Exchange

In mid-2018, Weber Woo co-founded the in Seychelles, with its headquarters in Hong Kong. His experience losing in the MT. Gox hack in 2014 underscored the importance of security, leading him to prioritize stringent security measures at .

Starting during a bear market allowed Woo and his team to remain adaptable and focused. They aimed to develop an exchange that emphasizes user protection and responsiveness to user needs. Aware of the cyclical nature of the market, Woo aimed to prepare for future market upswings.

Woo served as CEO of until January 2023, when Albin Warin succeeded him in the role.[1][3][4][5]

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Weber Woo

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May 22, 2024

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