Crypto industry leveled in 2022 — BitMEX CEO
BitMEX CEO Stephan Lutz reflected on a tumultuous 2022 for the cryptocurrency industry, the effects of the FTX fallout and other recent major events. Go to Source Powered by WPeMatico
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BitMEX co-founder Arthur Hayes proposes Bitcoin-based stablecoin
The proposed stablecoin, the Satoshi Nakamoto Dollar, aims to be entirely free from any movements of USD, which require banking services. Go to Source Powered by WPeMatico
Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC
The ex-BitMEX CEO announces a BTC deployment “over the coming days” amid hope that the good times will last for crypto until the middle of the year. Go to Source Powered by WPeMatico
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about what Alameda did is misdirection,” Hayes insisted. “It doesn’t matter how they hedged or didn’t hedge, or what dogsh** was in their portfolio.” Bitmex Co-Founder … Read more
Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’
Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell. Go to Source Powered by WPeMatico
Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed
Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (SBF) and 12 celebrities. However, this is not FTX’s and Alameda Research’s first rodeo with the U.S. court system and financial investigations. … Read more
Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits
When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen has detailed the company is in the midst of creating a display … Read more
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of … Read more
Moonvember kicks off with sweeping staff layoffs across crypto
There are still pockets of hope however, with some companies looking to expand despite the market conditions. Go to Source Powered by WPeMatico
Hong Kong could be key for China’s crypto comeback: Arthur Hayes
Hayes says the next crypto bull run will be tied to when China embraces the crypto market again, and Hong Kong could be the gateway for this to happen. Go to Source Powered by WPeMatico
