Crypto derivatives firm BitMEX has identified over 13,000 Ordinals NFTs on the Bitcoin blockchain, evidence that buzz about a still-young flavor of non-fungible tokens is growing fast.

On Tuesday (7 February 2023), Arthur Hayes, Co-Founder and former CEO of BitMEX, revealed that he is getting back into Bitcoin even though he realizes that “buying into Bitcoin when it is already up 50% off the lows is dangerous.”

Co-founder and CEO of crypto exchange BitMEX, Arthur Hayes, currently owns the largest GMX (GMX) holdings — accounting for 200,580 tokens, according to Lookonchain.

According to data from TradingView, in the past 10 days, the Bitcoin price has gone from around $17,115 to $21,077, which is a gain of 23.15% vs USD.

Bitcoin will be just one of the risk assets which "crater" as the Federal Reserve is forced to abandon quantitative tightening in future, the ex-BitMEX CEO warns.

Decentralized finance protocol Elixir closed a $2.1 million seed round to allow anyone to participate in crypto market making. FalconX, Commonwealth, OP Crypto, ChapterOne and Bitmex founder Arthur Hayes are among those investors who participated in the round, the protocol said in a release.

Arthur Hayes, co-founder of the cryptocurrency derivatives platform Bitmex, criticized Sam Bankman-Fried, former CEO of FTX, following a recent blog post. In the blog post, Bankman-Fried said “Alameda failed to sufficiently hedge its market exposure” and “an extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda insolvent.” Hayes, a prominent member of the cryptocurrency community, has significant knowledge about cryptocurrency derivatives exchanges, as Bitmex was one of the largest since its inception in 2014.

Arthur Hayes, co-founder of the BitMEX crypto exchange said on Twitter that “Solana” is a complete and utter shitcoin. He added that it will be a buy at some point if the mainstream financial press is dunking on it.

The final trial between computer scientist Craig Steven Wright (CSW) and crypto podcaster Peter McCormack took place in London on Dec. 20 and ended, indicating a potential victory for McCormack.

Alexander Höptner, the recently ousted CEO of crypto exchange operator Bitmex, filed a $3.4 million claim against his former employer over wrongful termination and breach of agreement.