Category: dangers

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Former Bitmex CEO Arthur Hayes: ETF Success’ Might ‘Destroy Bitcoin’

December 25, 2023

Arthur Hayes, former CEO of Bitmex and cryptocurrency market analyst, pondered about the success of an upcoming spot bitcoin ETF and its effect on the future of bitcoin. Hayes states that the popularity of these ETF derivatives might concentrate the custody of all the bitcoin in a few hands that won’t move it, forcing miners…
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Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency

August 1, 2022

The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the popularity such instruments have attained in other countries, cryptocurrencies have no backing of any sort, and are also affected by high levels…
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