{"id":1620,"date":"2023-03-09T09:31:12","date_gmt":"2023-03-09T09:31:12","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=1620"},"modified":"2023-03-09T09:31:14","modified_gmt":"2023-03-09T09:31:14","slug":"former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/","title":{"rendered":"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD. Unlike other USD-backed stablecoins, the proposed NUSD will not rely on any USD reserves but rather on liquid inverse perpetual swaps listed on derivatives exchanges. The stablecoin will be based on a set of short BTC positions and USD inverse perpetual swaps and will maintain its 1:1 peg to USD via mathematical transactions between a new decentralized autonomous organization (DAO), NakaDAO, authorized participants (AP), and derivatives exchanges. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The creation of NakaDollar will not involve any USD movements or the services of banks, making it independent of the US dollar. However, the stablecoin is not completely decentralized, and its potential failure points are centralized crypto derivatives exchanges, according to Hayes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also Read: <a href=\"https:\/\/www.cryptometer.io\/news\/circle-ceo-argues-stablecoins-should-be-regulated-by-banking-authorities\/\" target=\"_blank\" rel=\"noreferrer noopener\">Circle CEO Argues Stablecoins Should be Regulated by Banking Authorities<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-need-for-usd-independent-stablecoins\">The Need for USD-Independent Stablecoins<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Regulators have recently increased their scrutiny of stablecoins, leading to a growing interest in USD-independent stablecoins. Binance CEO Changpeng Zhao has suggested that the cryptocurrency industry will likely move towards other fiat currencies, such as the euro, yen, or Singapore dollars, as a base for stablecoins.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hayes&#8217; Proposal for NakaDollar<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Hayes proposed NakaDollar as a stablecoin with a value pegged to the sum of $1 worth of Bitcoin and one inverse perpetual swap of BTC against USD. The stablecoin will not rely on any USD reserves and will be based on a set of short BTC positions and USD inverse perpetual swaps, maintaining its 1:1 peg to USD via mathematical transactions. The proposed stablecoin is planned to be created through a new decentralized autonomous organization (DAO), NakaDAO, authorized participants (AP), and derivatives exchanges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the proposed NakaDollar stablecoin is independent of the US dollar, its potential failure points are centralized crypto derivatives exchanges. Therefore, it may not be entirely decentralized. Hayes has excluded decentralized derivative exchanges from the proposal because they are not as liquid as their centralized counterparts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD. Unlike other USD-backed stablecoins, the proposed NUSD will not rely on any USD reserves but rather on liquid inverse perpetual swaps listed on derivatives [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":1622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-1620","post","type-post","status-publish","format-standard","has-post-thumbnail","category-general-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Former BitMEX CEO proposes BTC-backed stablecoin independent of USD<\/title>\n<meta name=\"description\" content=\"Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD\" \/>\n<meta property=\"og:description\" content=\"Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-09T09:31:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-09T09:31:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/03\/Arthur-Hayes.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ayushi Somani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ayushi Somani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/\"},\"author\":{\"name\":\"Ayushi Somani\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#\\\/schema\\\/person\\\/c5a4aeb0d5007ab0f90c54fa632ed930\"},\"headline\":\"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD\",\"datePublished\":\"2023-03-09T09:31:12+00:00\",\"dateModified\":\"2023-03-09T09:31:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/\"},\"wordCount\":342,\"publisher\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/Arthur-Hayes.jpg\",\"articleSection\":[\"General News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/\",\"url\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/\",\"name\":\"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/Arthur-Hayes.jpg\",\"datePublished\":\"2023-03-09T09:31:12+00:00\",\"dateModified\":\"2023-03-09T09:31:14+00:00\",\"description\":\"Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/Arthur-Hayes.jpg\",\"contentUrl\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/Arthur-Hayes.jpg\",\"width\":800,\"height\":533,\"caption\":\"Arthur Hayes\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/\",\"name\":\"CryptoMeter.io\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#organization\"},\"alternateName\":\"CryptoMeter.io\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#organization\",\"name\":\"CryptoMeter.io\",\"url\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"width\":512,\"height\":512,\"caption\":\"CryptoMeter.io\"},\"image\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/CryptoMeterIO\"],\"publishingPrinciples\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/about-us\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#\\\/schema\\\/person\\\/c5a4aeb0d5007ab0f90c54fa632ed930\",\"name\":\"Ayushi Somani\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/cropped-aayushi-96x96.png\",\"url\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/cropped-aayushi-96x96.png\",\"contentUrl\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/cropped-aayushi-96x96.png\",\"caption\":\"Ayushi Somani\"},\"description\":\"Ayushi Somani is an academically gifted individual who has a passion for blockchain technology. She is well-versed in the technology, having been an early adopter of cryptocurrency and investing in Bitcoin and several other digital currencies.\",\"url\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/author\\\/ayushi\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD","description":"Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/","og_locale":"en_US","og_type":"article","og_title":"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD","og_description":"Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD.","og_url":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/","og_site_name":"CryptoMeter.io","article_published_time":"2023-03-09T09:31:12+00:00","article_modified_time":"2023-03-09T09:31:14+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/03\/Arthur-Hayes.jpg","type":"image\/jpeg"}],"author":"Ayushi Somani","twitter_card":"summary_large_image","twitter_creator":"@CryptoMeterIO","twitter_site":"@CryptoMeterIO","twitter_misc":{"Written by":"Ayushi Somani","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/#article","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/"},"author":{"name":"Ayushi Somani","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/c5a4aeb0d5007ab0f90c54fa632ed930"},"headline":"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD","datePublished":"2023-03-09T09:31:12+00:00","dateModified":"2023-03-09T09:31:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/"},"wordCount":342,"publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/03\/Arthur-Hayes.jpg","articleSection":["General News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/","url":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/","name":"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/#primaryimage"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/03\/Arthur-Hayes.jpg","datePublished":"2023-03-09T09:31:12+00:00","dateModified":"2023-03-09T09:31:14+00:00","description":"Former BitMEX CEO Arthur Hayes has proposed a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar that is pegged to Bitcoin and inverse perpetual swaps of BTC against USD.","breadcrumb":{"@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/#primaryimage","url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/03\/Arthur-Hayes.jpg","contentUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/03\/Arthur-Hayes.jpg","width":800,"height":533,"caption":"Arthur Hayes"},{"@type":"BreadcrumbList","@id":"https:\/\/www.cryptometer.io\/news\/former-bitmex-ceo-proposes-btc-backed-stablecoin-independent-of-usd\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cryptometer.io\/news\/"},{"@type":"ListItem","position":2,"name":"Former BitMEX CEO proposes BTC-backed stablecoin independent of USD"}]},{"@type":"WebSite","@id":"https:\/\/www.cryptometer.io\/news\/#website","url":"https:\/\/www.cryptometer.io\/news\/","name":"CryptoMeter.io","description":"","publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"alternateName":"CryptoMeter.io","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.cryptometer.io\/news\/#organization","name":"CryptoMeter.io","url":"https:\/\/www.cryptometer.io\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","width":512,"height":512,"caption":"CryptoMeter.io"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/CryptoMeterIO"],"publishingPrinciples":"https:\/\/www.cryptometer.io\/news\/about-us\/"},{"@type":"Person","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/c5a4aeb0d5007ab0f90c54fa632ed930","name":"Ayushi Somani","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-aayushi-96x96.png","url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-aayushi-96x96.png","contentUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-aayushi-96x96.png","caption":"Ayushi Somani"},"description":"Ayushi Somani is an academically gifted individual who has a passion for blockchain technology. She is well-versed in the technology, having been an early adopter of cryptocurrency and investing in Bitcoin and several other digital currencies.","url":"https:\/\/www.cryptometer.io\/news\/author\/ayushi\/"}]}},"jetpack_featured_media_url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/03\/Arthur-Hayes.jpg","_links":{"self":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/1620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/comments?post=1620"}],"version-history":[{"count":1,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/1620\/revisions"}],"predecessor-version":[{"id":1623,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/1620\/revisions\/1623"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media\/1622"}],"wp:attachment":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media?parent=1620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/categories?post=1620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/tags?post=1620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}