CEO Arthur Hayes and co-founders Benjamin Delo, and Samuel Reed, as well as head of business development Gregory Dwyer, have stepped down after the U.S. Department of Justice indicted them for violating the Bank Secrecy Act and conspiring to violate the Bank Secrecy Act. The charges are based on what prosecutors say are deliberately weak and inefficient customer identification procedures.
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The legendary macro investor's Bitcoin bet was widely covered in the mainstream media just as the BTC halving may kick off a bull run (Photo: CNBC)‘The fastest horse’—billionaire who predicted 1987 crash is betting on Bitcoin
Paul Tudor Jones is betting some $400 million that Bitcoin will be the best-performing asset of the decade, and his endorsement could trigger an inflow of investment
Tudor Investment Corp.’s flagship BVI fund has $22 billion, making Jones’ Bitcoin investment close to $440 million. It comes at a particularly opportune moment, as today’s Bitcoin halving attracts a lot of attention, and suggests the price of BTC is about to begin a long bull run.
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The red line is when a DDoS attack made BitMEX unreachable. Notice what happened next? (Photo: Coin Metrics)BitMEX behind bitcoin Black Thursday bounce?
New analysis from Coin Metrics suggests that a poorly timed DDoS attack may have helped bitcoin investors while costing BitMEX dearly in market share
BitMEX suffered a distributed denial-of-service (DDoS) attack on the worst day imaginable—Black Thursday. The exchange appears to be paying dearly for the blip, according to Coin Metrics, which said BitMEX's share of the bitcoin futures market has tumbled since then.
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MakerDAO lawsuit seeks $28 million over ‘Black Thursday’ losses
A scathing court document alleges that the Maker Foundation ‘misrepresented the actual risks’ that borrowers faced in the event of a sudden price drop
It was only a matter of time until the MakerDAO lawsuit appeared. On April 14 the Maker Foundation was hit with a $28 million class action suit after the “Black Thursday” crypto crash last month at exposed fundamental flaws in its decentralized lending platform.
