Crypto Exchange BitMEX's Acting CEO: We Have Gone Through the ‘Valley of Death’

Australia News News

Crypto Exchange BitMEX's Acting CEO: We Have Gone Through the ‘Valley of Death’
Australia Latest News,Australia Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

.bitmex acting CEO Stephan Lutz says the platform has made it through “the valley of death,” and sees positive signs in the market. _franvela reports

of three U.S. crypto-friendly banks within a week, said Stephan Lutz, acting CEO and group chief financial officer.

"Since the end of last year, we think we have been through the valley of death," he added."We see positive signs in the market and we are able to reap those benefits. We are very grateful that the ecosystem and the community trusts us as a real crypto exchange that is focused on crypto."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

One country, two crypto systems: Hong Kong harbors crypto hub ambitions despite China's crackdownOne country, two crypto systems: Hong Kong harbors crypto hub ambitions despite China's crackdownThe city's digital asset push stands in contrast with the mainland, where Beijing has effectively banned trading and stamped out crypto-related activities.
Read more »

Bitcoin crosses $28,000, and Supreme Court hears first-ever crypto case: CNBC Crypto WorldBitcoin crosses $28,000, and Supreme Court hears first-ever crypto case: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Josh Frank, co-founder of The Tie, discusses institutional investment in digital assets following the closure of crypto-focused banks.
Read more »

BitMEX Acting CEO on Recent Banking Sector JittersBitMEX Acting CEO on Recent Banking Sector JittersStephan Lutz, BitMEX acting CEO and Group Chief Financial Officer, shares his thoughts on the U.S. banking crisis and the impact on crypto exchanges as some companies look to go offshore due to tightening regulatory scrutiny. Plus, insights into BitMEX's 2023 crypto industry outlook and BitMEX co-founder Arthur Hayes' plans for bitcoin-backed stablecoin 'NakaDollar.'
Read more »

Venezuela overhauls national crypto departmentVenezuela overhauls national crypto departmentThe new board leaves out Joselit Ramirez, who led the department since its inception in 2018. Ramirez has been listed on the US Most Wanted List since 2020.
Read more »

Signature Bank deposits, branches sold to Flagstar, crypto not includedSignature Bank deposits, branches sold to Flagstar, crypto not includedA subsidiary of New York Community Bancorp is set to acquire $38.4 billion in customer deposits previously owned by Signature Bank. It will however not include the $4 billion associated with Signature’s digital banking business.
Read more »



Render Time: 2025-03-01 23:01:23