In an interview with Tom Bilyeu, Arthur Hayes, co-founder and former CEO of BitMEX, shared an insightful analysis of the future dynamics he believes will shape the Bitcoin price. At the heart of Hayes’ argument is a complex interplay of global financial mechanisms. Bitcoin Price May Reach $750,000 Hayes began by setting the stage for Bitcoin’s…
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Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations. Bitcoin mining firm Marathon Digital has confirmed it mined an invalid Bitcoin (BTC) block during an “experiment” aimed at optimizing the firm’s operations. In a Sept. 27 post, Marathon said it utilizes a small percentage of the firm’s hashrate…
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In a freshly unveiled blog piece, Arthur Hayes, the former CEO of crypto derivatives platform Bitmex, posits that bitcoin is the prime currency for artificial intelligence (AI). Hayes maintains that moving forward, BTC will be the favored currency for AIs since they “must use a system that is available at all times, digital, and completely…
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BitMEX CEO Stephan Lutz has stated that crypto exchanges do not need to run internal market makers after it was revealed Crypto.com has internal trading teams that trade crypto. The revelation raised concerns about a potential conflict of interest at Crypto.com. In an interview with The Block, Lutz opposed the idea of internal market-making teams. ……
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Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange Bitmex, has said. U.S. Crackdown Driving Away Talent In…
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Crypto billionaire Arthur Hayes posits that the majority of crypto users prioritize ease of use over decentralization, prompting discussions on how this preference may influence user behavior and the future of cryptocurrency adoption. “At the end of the day, the average person doesn’t actually care about decentralization or centralization,” the former CEO of crypto exchange…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ripple Partners with Montenegro Central Bank, Bitmain Facing a $3.6M Fine, Head of Exchange Vishal Gupta Leaving Coinbase Read more »Sign up for e-EUR – the progressive stablecoin
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: $437,483,543 Lost to Crypto Hacks & Frauds in Q1, Italian Man Swindled Out of $1.8M, Metaco Partners with VP Bank Read more »Sign up for e-EUR – the…
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The proposed stablecoin, the Satoshi Nakamoto dollar, aims to be entirely free from any movements of USD, which require banking services. Amid the United States regulators increasingly scrutinizing stablecoins, the community continues to pitch new ideas of stablecoins independent from the U.S. dollar. Arthur Hayes, co-founder and former CEO of BitMEX cryptocurrency exchange, has proposed…
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The ex-BitMEX CEO announces a BTC deployment “over the coming days” amid hopes that the good times will last for crypto until the middle of the year. Bitcoin (BTC), Ether (ETH) and even nascent altcoins are a solid “buy,” a previously risk-off investor says. In a blog post released on Feb. 8, industry stalwart Arthur Hayes…
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