Arthur Hayes

Arthur Hayes: The Federal Reserve is Doomed to Fail
Arthur Hayes

Arthur Hayes: The Federal Reserve is Doomed to Fail

Arthur Hayes' article "Kite or Board" critiques the U.S. Federal Reserve, highlighting its challenges like autonomy, inflation tax, policy changes, and banking sector transition. He suggests Bitcoin as a decentralized, finite supply, and global acceptance alternative to traditional financial systems.

BitMEX Co-Founder Proposes Bitcoin-Backed Stablecoin
Arthur Hayes

BitMEX Co-Founder Proposes Bitcoin-Backed Stablecoin

Arthur Hayes, the co-founder and former CEO of BitMEX, has proposed creating a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar. Unlike major reserve-backed U.S. dollar-pegged stablecoins, the proposed NakaDollar would be pegged to the sum of $1 worth of Bitcoin and one inverse perpetual swap of BTC against USD, without relying on any USD reserves. The stablecoin's peg to the U.S. dollar would be maintained via mathematical transactions between the new decentralized autonomous organization (DAO) authorized participants and derivatives exchanges.

The Launch of CBDC May Destroy Bitcoin - Arthur Hayes
Arthur Hayes

The Launch of CBDC May Destroy Bitcoin - Arthur Hayes

BitMEX co-founder Arthur Hayes believes the advent of CBDCs may not be a good tale for Bitcoin

Embattled BitMEX Co-Founders to Pay $30M in Civil Fine
Arthur Hayes

Embattled BitMEX Co-Founders to Pay $30M in Civil Fine

The United States District Court for the Southern District of New York (SDNY) has pronounced a combined Civil monetary fine of $30 million for the three embattled BitMEX exchange co-founders indicted for violating the US Bank Secrecy Act

Former BitMEX CEO Arthur Predicts $30K Price Target for BTC by June
Arthur Hayes

Former BitMEX CEO Arthur Predicts $30K Price Target for BTC by June

In tandem with his call for a “crypto carnage” that is underway in the second quarter, former BitMEX CEO Arthur Hayes has predicted a price slump of $30,000 for Bitcoin and $2,500 for Ethereum by the end of June 2022.

BitMEX Founder Arthur Hayes Pleads Guilty to Violating Bank Secrecy Act
Arthur Hayes

BitMEX Founder Arthur Hayes Pleads Guilty to Violating Bank Secrecy Act

BitMEX co-founders Arthur Hayes and Benjamin Delo have pleaded guilty to violating the United States Bank Secrecy Act (BSA).

Former BitMEX Executives to Appear in Court in March 2022
Arthur Hayes

Former BitMEX Executives to Appear in Court in March 2022

The court trial for former BitMEX CEO Arthur Hayes and other indicted executives has been set for March 28, 2022.

Former BitMEX CEO Arthur Hayes Surrenders to US Authorities
Arthur Hayes

Former BitMEX CEO Arthur Hayes Surrenders to US Authorities

Former BitMEX CEO Arthur Hayes has surrendered to authorities in Hawaii to face pending charges relating to AML compliance failure.

BitMEX Invests in South Africa’s Largest Bitcoin Exchange
Arthur Hayes

BitMEX Invests in South Africa’s Largest Bitcoin Exchange

In a bold financial move, the parent company of BitMEX cryptocurrency exchange has decided to invest in a South Africa’s biggest Bitcoin exchange, VALR.

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