Golden Sentinel | BitMEX executive personnel changes, Arthur Hayes stepped down as CEO

On October 8th, the cryptocurrency derivatives exchange BitMEX announced that it had undergone management personnel changes. A week ago, the U.S. Department of Justice and the Commodity Futures Trading Commission (CFTC) had filed charges against BitMEX and four of its founders and executives. the

The official announcement stated that the founder and CEO Arthur Hayes and the arrested co-founder and CTO Samuel Reed resigned from their current positions at the same time, effective immediately. Another co-founder, Ben Delo, also no longer holds the executive position of the group. At the same time, Greg Dwyer will also leave his position as head of business development. the

Jinse Finance mining data broadcast: ETH’s network computing power rose by 3.25% today: Jinse Finance reported that according to the data from the spider mining pool:

The computing power of the BTC network is 150.481EH/s, the mining difficulty is 25.05T, the current block height is 686596, and the theoretical income is 0.00000610/T/day.

The computing power of ETH is 624.211TH/s, the mining difficulty is 8132.21T, the current block height is 12584688, and the theoretical income is 0.00248670/100MH/day.

The computing power of BSV network is 0.711EH/s, the mining difficulty is 0.99T, the current block height is 690549, and the theoretical income is 0.00126516/T/day.

The BCH network computing power is 2.646 EH/s, the mining difficulty is 0.37T, the current block height is 691153, and the theoretical income is 0.00034010/T/day. [2021/6/7 23:17:15]

Jinse Finance mining data broadcast | BSV’s network computing power dropped by 7.83% today: Jinse Finance reported that according to the data of the spider mining pool:

The computing power of the entire ETH network is 183.264TH/s, the mining difficulty is 2352.38T, the current block height is 10067886, and the theoretical income is 0.00862981/100MH/day.

The computing power of the BTC network is 111.613EH/s, the mining difficulty is 16.10T, the current block height is 630409, and the theoretical income is 0.00000780/T/day.

The BSV network computing power is 1.978EH/s, the mining difficulty is 0.26T, the current block height is 634940, and the theoretical income is 0.00045493/T/day.

The BCH network computing power is 2.437EH/s, the mining difficulty is 0.35T, the current block height is 635160, and the theoretical income is 0.00036923/T/day. [2020/5/15]

Founder and CEO Arthur Hayes

Golden Morning News | Europe's first blockchain arbitration court was established in Poland All oil in Venezuela next year will be sold through petro coins: 1. Napoleon Group becomes the first company in Europe to finance through ICO.

2. The US SEC issued a cease and desist order to CoinAlpha.

3. The Ethereum development team designated block 7,080,000 as the activation point for the Constantinople hard fork.

4. KFC in Venezuela will accept DASH payments next week.

5. Coinbase is considering adding new assets such as XRP and EOS.

6. JD.com released the blockchain anti-counterfeiting traceability platform, blockchain certificate storage platform and JD CHAIN.

7. Europe's first blockchain arbitration court was established in Poland.

8. The President of Venezuela announced that next year all oil will be sold through petro coins.

9. Malaysia's central bank and securities regulators coordinate cryptocurrency regulation. [2018/12/8]

Vivien Khoo, who previously held the position of Managing Director of Goldman Sachs Asia Pacific Compliance and joined BitMEX in July 2019, will assume the role of interim CEO of 100x Group and assume other operational responsibilities. Ben Radclyffe, as Commercial Director, will take on increased responsibility for client relationship handling and financial product oversight.

David Wong, Chairman of 100x Group, said: "These changes in our executive leadership mean that we can focus on our core business of providing quality trading opportunities to all clients through the BitMEX platform, while maintaining the highest standards of corporate governance."

On Oct. 1, the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice (DOJ) filed two lawsuits against BitMEX. The CFTC accused the derivatives exchange and its operator of violating anti-money laundering and know-your-customer regulations by operating an unregistered trading platform. The U.S. Department of Justice filed criminal charges against Hayes, DeLow, Reed and Dwyer, alleging violations of the Bank Secrecy Act.

At the time, HDR Global Trading, BitMEX’s parent company and one of the named defendants in the CFTC lawsuit, vowed to fight the charges.

As a result of these allegations, BitMEX has witnessed massive withdrawals over the past week. According to data from several data tracking agencies, more than 40,000 bitcoins, currently worth about $422 million, have been withdrawn from BitMEX.

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