Founder of BitMEX Is Proposing a Bitcoin-based Stablecoin
The proposed NUSD stablecoin won’t depend on any USD reserves. Instead, it will solely depend on derivatives exchanges that list liquid inverse perpetual swaps, Hayes said.
SuperRare Reducing Its Staff by 30% Due to Adverse Market Conditions
By
Darya Rudz
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,964 crypto jobs have been lost.
BitMEX Sued for $3.4 Million by Former CEO in Breach of Contract
Former BitMEX CEO said that he was wrongly accused of misuse of $230,000 in funds during his relocation from Hong Kong to Singapore, and further to Germany.
Arthur Hayes Says Bitcoin (BTC) Bottomed, Gives Reason for His Submission
Former BitMEX CEO says the “irresponsible entities” within the crypto industry have all been completely wiped out.
Employee Layoffs: Kraken Cuts Workforce by 30%
Kraken isn’t alone in its decision to cut back on staff numbers. Throughout 2022, various blockchain and crypto companies have adjusted their staff numbers to stay afloat.
Bitmex to Launch Its BMEX Token for Trading on November 11
By
Sanaa Sharma
According to Bitmex, the token will be utilized to reward clients as the firm strives to rejuvenate its market share in the derivatives area.
BitMEX Cuts Staff as It Looks to Pivot Back toward Derivatives Trading
That BitMEX is cutting off some of its staff is not a peculiar move as it is an industry-wide trend.
BitMEX Targets Year End for Token Launch
Hoeptner noted that institutional adoption of cryptocurrencies has not been affected by adverse market conditions.
Roche Freedman Attorney Withdraws from Class Action Lawsuits against Tether, Bitfinex, TRON, BitMEX
Notices of Kyle Roche withdrawing from multiple class action lawsuits appeared in the dockets amid the heat of the allegations.
BitMEX Executive Pleads Guilty to violating the Bank Secrecy Act
By
John K. Kumi
Samuel Reed, Arthur Hayes, and Benjamin Delo have already pleaded guilty, and have each agreed to pay a $10 million fine as part of the terms of their plea agreement.