Growing institutional custody service over bitcoin is raising alarms. Arthur Hayes, the founder of Maelstrom Fund, said that bitcoin’s core value of decentralization could be at risk. In a recent podcast with Blockworks, Hayes portrayed a future where dominant financial establishments could consolidate large amounts of bitcoin. “Let’s say Larry Fink and his [traditional finance] The post Arthur Hayes Warns of Institutional Hold on Bitcoin – Innovation or Centralization? appeared first on Cryptonews .