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The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is now moving in “lockstep” with market equities.
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The global job cuts come after plans by a company founded by BitMex executives to buy a German bank fell through in March. Original Source
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Ether's options market has seen increased activity in higher strike call options in the wake of Hayes' bullish forecast. According to Patrick Chu, director of institutional sales and trading at over-the-counter tech platform Paradigm, about 7,000 contracts of the $10,000 ether December expiry call options changed hands over the weekend. Source
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The deal, which was expected to complete later this year, was called off by a mutual agreement, according to report. Original Source
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On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point to February 26, 2022, as the time in history when
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“As today’s guilty plea reflects, this Office will not permit cryptocurrency exchanges to operate as a shadow financial system that enables criminal actors to move their illicit proceeds without detection, and will vigorously investigate and prosecute the operators of such exchanges who deliberately flout U.S. law,” said U.S. Attorney Damian
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Taylor Bossung, a spokesperson for BitMEX, said, "We are aware of developments in the DOJ case but will not be commenting on an ongoing legal matter to which no BitMEX entity is a party. It's business as usual, all funds are safe, and there is no impact to the functionality
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The founders of crypto exchange BitMEX have pled guilty to violating the Bank Secrecy Act after a lengthy litigation process with the U.S. Department of Justice (DOJ).American Arthur Hayes and British Hong Konger Benjamin Delo admitted to “willfully failing to establish, implement, and maintain an anti-money laundering (AML) program” at
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Crypto exchange BitMEX airdropped 1.5 million BMEX, its first native tokens, to users as it looks to revive retail interest. The tokens were airdropped based on a user’s previous activity on the exchange.Benefits for #BMEX Token holders👇✅ Trading fee #discounts✅ Exclusive @BitMEX privileges, experiences, and merch✅ VIP services for users
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BusinessBankhaus von der Heydt was formed in 1754 and became one of the first regulated institutions in Germany to offer digital asset services. By Jamie CrawleyJan 18, 2022 at 10:40 a.m. UTCUpdated Jan 18, 2022 at 5:42 p.m. UTCMunich, Germany (Shutterstock) Source
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