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Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges


Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday...

Breaking: Arthur Hayes Steps Down As CEO of BitMEX


Arthur Hayes. Source: a video screenshot, Youtube, CfC st. Moritz BitMEX founders Arthur Hayes and Samuel Reed have stepped back from all executive management responsibilities for their respective CEO and CTO roles with immediate effect, the company announced today. Also, with fellow Founder...

Curate Custom Content with mediastack


I used to have a personal aggregator of sites I enjoyed but maintaining it was a nightmare. I needed to grab each site’s RSS feed, categorize their contents, deal with errors and individual rate limits, etc. I had to tear the whole project down because it was a nightmare to manage. Fast...

Ethereum Transaction Fees Fall 82%, as Defi Hype Eases


The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. According to data from Glassnode...

Japanese Exchange Operator FISCO Doubles Down on Crypto with New Plans


Japanese financial news service provider and crypto operator FISCO is set to expand its crypto operations, find new uses for its token, begin staking services and start providing software for online shareholder meetings using blockchain-powered voting technology. Per Coin Post, FISCO, which...

SBTC Plummets by 99% as Devs Announce Dissolution of Token


The price of SBTC plunged by nearly 98% in just over an hour on September 21 as devs announced the dissolution of the token. The dissolution announcement came more than a month after the token reached an all-time high of $5.07. At the time of writing, the token was quoted at $0.007 down from $0.64....

Over 40 Bitcoin Forks Are Down More Than 98% Since 2017’s Forking Fiesta


Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have lost considerable value and are near worthless. To-date only a few of the forks that stem from Satoshi’s creation have remained relevant during the last three years. There are three...

Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B


The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however...

Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker


Decentalized finance (defi) protocol Bzx has recovered the $8.1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity. Cornered, the attacker returned the loot. “All...

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