on August 9th, cryptocurrency trading platform BitMEX will launch SEI and CYBER futures contracts with USDT as collateral. Both contracts will be launched at 16:00 on August 10, 2023 Beijing time, with a maximum leverage of 20 times.

Arthur Hayes, co-founder of BitMEX, believes that Ethereum will benefit greatly from AI technology, as it is the most widely used decentralized virtual machine and is the logical base for AI applications to create decentralized autonomous organizations (DAOs) to execute smart contracts. He predicts that tokens issued by AI DAOs will trade on decentralized exchanges (DEXs), mostly those built on top of Ethereum, and that DEXs will trade more than traditional exchanges as DAOs capture more economic value than companies. Hayes estimates that if DEX trading volumes were to reach 20% of traditional stock exchange volumes recorded in 2022, Ethereum could run up to 1,556% from its current price of $1,875 to hit $31,063, and could reach a five-figure price in about half a decade from now.

BitMEX, a crypto derivatives exchange, is expanding its partnership with AC Milan, an Italian soccer team. The exchange will now become the team's official cryptocurrency trading partner, aiming to increase its brand presence by tapping into the club's global fan base.

BitMEX, the world's leading crypto derivatives exchange, has launched a new social trading concept for professional traders called Guilds. Currently in beta testing, Guilds allows BitMEX users to form groups and trade competitively as a collective, with the objective of outperforming other Guilds and claiming a share of the weekly prize pool.

Arthur Hayes, the founder of BitMEX, believes that the adoption of Bitcoin by artificial intelligence (AI) could lead to two mania phases. Hayes predicts that AI will become the primary beneficiary of a new age of quantitative easing, as governments print more money to pay off sovereign debt.

June 22 (Cointime) - Former BitMEX CEO Arthur Hayes has publicly criticized Kyle Davis for relaunching the 3AC fund, which previously suffered significant losses due to the cryptocurrency market's broad declines. The fund was adversely affected by sweeping losses across the crypto industry in the first half of 2022, and certain investments like LUNA collapsed to near zero.

June 22 (Cointime) - 100x Group, the parent company of BitMEX, believes that crypto exchanges that profit from proprietary trading should have phased out internal market making teams by now.

June 20 (Cointime) - According to BitMEX co-founder Arthur Hayes, the impact of the US Treasury Dept issuing treasury bills on the crypto and stock markets is not as significant as expected. He believes that risk assets like Bitcoin will soon start to rally. Hayes has created a custom US dollar liquidity index to track how the TGA refill will affect the US dollar liquidity.

June 19 (Cointime) - Industry leaders from KuCoin, BitMEX, Messari, and Ceffu (formerly Binance Custody) discussed the role of centralization in the rapidly evolving Web3 landscape at the Proof Of Talk conference in Paris. The panel emphasized the importance of both centralized and decentralized elements coexisting and playing a beneficial role in the Web3 paradigm.

Bitcoin (BTC) recovered all of its losses from the month of June and reached almost a new high of $27,388 on Bitstamp. The rebound began the day before and continued as markets shook off initial nerves from US legal action against Binance and Coinbase.