BitMEX CEO Denies Allegations of Trading Against Customers

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Last month an independent crypto researcher who goes by the name, Hasu, posted an article exploring some of the most prevalent concerns users have with crypto exchange behemoth BitMEX, one of which is that the exchange trades against its customers to make a profit. BitMEX CEO Arthur Hayes publicly came out against the allegations on Monday…

Theories Abound After BTC Leaps While Bitmex is Down

Theories Abound After BTC Leaps While Bitmex is Down

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It’s been an interesting 12 hours for BTC, with the cryptocurrency finally breaking through resistance levels. Most of the drama took place within the space of just a few minutes, when BTC gained $400 without blinking. It is no coincidence, however, that the event took place just as the popular cryptocurrency exchange Bitmex went offline.…

Bitcoin Lightning Capacity Rises 68% in 1 Month, Progress in Scaling and Micropayments

Bitcoin Lightning Capacity Rises 68% in 1 Month, Progress in Scaling and Micropayments

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The capacity of the Lightning Network, a micropayment channel that is compatible with Segregated Witness (SegWit) and a layer two scaling solution deployed on top of the Bitcoin protocol, has increased by 68 percent in the past 30 days. Irek Zielinski, a software developer, and Bitcoin researcher, revealed the total sum of micropayment channels on…

BitMEX CEO, Arthur Hayes: $50,000 Bitcoin Price Target by End-of-Year

BitMEX CEO, Arthur Hayes: $50,000 Bitcoin Price Target by End-of-Year

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Arthur Hayes, CEO of BitMEX, appeared on CNBC and predicted that the world’s leading cryptocurrency will reach a valuation of $50,000 by end-of-year. From Wall Street to Crypto A Wharton School of Business graduate, Arthur Hayes has built a reputation on his ability to trade traditional financial instruments. Arthur Hayes, CEO of BitMEX Soon after…