Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges

Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday that Hayes and chief technical officer Samuel Reed – the latter … Read more

South African Exchange Valr Raises $3.4 Million in a Series A Funding Round

A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In a podcast with SA Crypto, Valr CEO, Farzam Ehsani explains … Read more