Hayes’ Cure for Crypto: Return to ICOs, Ditch CEXs

Quick Summary:

In his essay “The Cure,” Arthur Hayes, founder of BitMEX, criticizes Centralized Exchanges (CEXs) and venture capital-backed projects for hindering innovation in the crypto industry.

He advocates for a return to Initial Coin Offerings (ICOs) as a solution to the problems caused by CEXs and traditional venture capital.

Hayes contends that the crypto industry has […]

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: India

Topics: News Market News Market DEX

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 08:00:00 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 139 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 24085438

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 5 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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