Svmuureported that Arthur Hayes, co-founder of BitMEX, said on X platform that due to the attack on Orchard Pool, he has liquidated all ZEC holdings. Hayes stated that although he believes the possibility of additional coin minting is extremely low, it cannot be formally proven impossible at the cryptographic level; the privacy narrative aimed at AI, governments, and big tech requires perfection, not probability.
Hayes mentioned that he learned about the attack yesterday but did not realize its conflict with his narrative framework. The 30% drop in ZEC prompted him to rethink and decide to take profits on the entire position. Hayes said he will continue to reassess his judgment; if his assumptions are disproven, he will buy back, hoping to build a position at a lower price. Privacy is priceless, and he does not mind buying back at a higher price. Additionally, Hayes stated he still holds WLD and looks forward to Elon pushing the token's price up.
Arthur Hayes closed all ZEC positions due to Orchard Pool vulnerability, still holds WLD
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Analysis of HNS Token Value and Investment Potential: An In-Depth Look at Handshake, the Decentralized Domain Name Protocol
-
2
DRAC Coin Analysis: Current Status and Outlook for the Ethereum public blockchain DRAC Network and the Bitcoin BRC-20 Drac (Ordinals)
-
3
How do I buy and sell ICX? On which major cryptocurrency exchanges is it listed?
-
4
An Overview of the World’s Leading Cryptocurrency Exchanges: Binance, OKX, Coinbase, and Bybit
-
5
Google: Thanks to AI tools, the number of Chrome vulnerabilities patched in June exceeded the total for the past two years combined
-
6
USDG: Trading Volume Surges
-
7
KABY Token Trading Guide: Learn About the Kaby Arena Project and Trading Platform
-
8
Evercore recommends Microsoft, ServiceNow, Salesforce, and Samsara stocks
-
9
Apple defies smartphone downturn with strong iPhone sales
-
10
Oracle Announces Expansion of Its Partnership with Google Gemini AI; Stock Price Rises More Than 8%
Markets Today
Recommended Reading







