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BitMex News and Articles



BitMex

BitMEX will stop serving Russian users in the EU

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As part of complying with the sanctions legislation of the European Union, the BitMEX cryptocurrency exchange has decided to stop serving Russian users. Over the past few months, many large trading platforms have banned citizens of the Russian Federation from making transactions with digital...

BitMex

BitMEX exchange will launch spot trading in cryptocurrencies

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Spot transactions with digital currencies will become available to users of BitMEX. The press service of the company said that transactions can be made in tandem with Tether (USDT). Investors will be able to trade with bitcoin, ether, UniSwap, ChainLink, Polygon, and Ape. Through the launch of...

BitMex

BitMex founder predicts Bitcoin will reach $1M

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Many representatives of the cryptosphere are positive about the long-term prospects for Bitcoin (BTC). For example, Galaxy Digital CEO Mike Novogratz said last week that BTC would set a new record in the next three years. According to his forecasts, the bitcoin rate will reach $500,000. BitMEX...

BitMEX crypto

Crypto Exchange BitMEX Airdropped Its Native Token to Users

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Crypto derivatives platform BitMEX presented its native ERC-20 token BMEX, which has a max supply of 450 million tokens. BitMEX distributed 1.5 M tokens to the users of the platform via airdrop. This way, the customers of the platform became the first holders of the coin. According to an...

BitMex

Former BitMEX executive agreed to extradition to the US

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Bermuda-based ex-director of business development at BitMEX Gregory Dwyer agreed to extradition to the United States to face trial. In October 2020, the US Department of Justice indicted the exchange's co-founders Arthur Hayes, Ben Delo, Samuel Reid, and Dwyer for violating the Bank Secrecy Act....

BitMex

BitMEX exchange tightens control over traders

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The administration of the BitMEX cryptocurrency exchange decided to significantly reduce the time required to verify users. Said Ben Radcliffe, the commercial director of the parent company of the exchange 100x Group. According to the shortened schedule for the implementation of the plan to improve...

BitMex

BitMEX CTO released on $ 5 million bail

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Samuel Reed, co-founder and CTO of the BitMEX crypto derivatives exchange, was released on $5 million bail. Reed was arrested in Massachusetts on October 1. The US Department of Justice has opened a criminal case against Reed and other BitMEX executives for violating bank secrecy laws and...

BitMEX

The parent company of BitMEX announces restructuring

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HDR Global Trading, the parent company of the BitMEX crypto derivatives exchange, announced the restructuring and creation of a new holding organization called the 100x Group. “100x will become the holding formation for HDR and assets, including the BitMEX platform,” said co-founder Arthur...

Coinmarketcap

CoinMarketCap defined BitMEX crypto exchange at 175th line

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The popular CoinMarketCap service again found itself at the center of the scandal, setting BitMEX to the 175th place in the rating of crypto exchanges. Note that at the end of May, the same trading floor in this rating was on the third line. Users of social networks periodically criticize the...

BitMex

15% drop in BTC rate caused BitMEX $226M positions loose

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The price of bitcoin fell sharply from $9,500 to $8,100 at 7 AM Central time on May 10, losing 14.6% in just 10 minutes. Since then, the price has recovered to $8800. As a result of a sudden drop, the volume of liquidations of positions on the BitMEX crypto derivatives exchange reached $226...

BitMex Japan

BitMEX will limit access to its platform for Japanese users

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Seychelles crypto derivatives exchange BitMEX will soon prohibit all users from Japan to use their platform. On Tuesday, April 28, the exchange announced that since April 30 it plans to restrict access to its platform for residents of Japan and prohibit existing users from placing orders from May...

Bitcoin's price

Bitcoin Price Spikes Above $7K, Liquidating $23M on BitMEX

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The rapid rise in the value of bitcoin by $500 on Thursday, led to mass liquidations on the BitMEX crypto derivatives exchange. The price of bitcoin has shown rapid growth from $6650, peaking at $7145 around 03:00 AM CT. According to data from analytic company Skew, the sudden movement led to the...

Coronavirus and crisis for Bitcoin

BitMEX: world crisis and coronavirus biggest chances for BTC

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Specialists at the BitMEX crypto-derivative exchange research unit have analyzed the impact of the coronavirus pandemic on financial markets. Analysts say the market’s response to the virus will mark a significant change in the economic structure. The study said that ultimately, with this new...

BitMEX scam UK FSA

The British regulator classified BitMEX as potential scam

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The UK Financial Conduct Authority has warned investors that the BitMEX cryptocurrency derivatives exchange has not received permission to operate in the country and could potentially conduct fraudulent activities. The regulator recalled that almost all companies and individuals offering financial...

XRP collapse BitMex

Users lost funds due to collapse of XRP on BitMEX to $0.13

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The ongoing volatility of bitcoin may possibly attract the main attention of traders, however, no less interesting events could be observed on Thursday, February 13, in the XRP markets. So, on the BitMEX derivatives exchange, as a result of an instant collapse of the exchange rate, the token at...

SegWit domination over Bitcoin now rises

SegWit domination over Bitcoin now rises to almost 66%

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As per the recent reports, Bitcoin’s reliance over the SegWit technology sees a new high. It is estimated that this technology is contributing to approximately 66% of the complete proceedings of Bitcoin. This number has seen a drastic rise from just 40% in September to a massive 60%...

CEO of BitMex

BitMex exchange hit with $300 million investor suit

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One of the most successful crypto exchanges - BitMex and its CEO Arthur Hayes are being claimed for $300 million for supposedly stiffing an initial investor. RGB Coin Ltd. and Frank Amato state they have been the preeminent investor of this exchange. The lawsuit stated that the investment of $30000...

BitMEX data leak

BitMEX exchange leaked data

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BitMEX, the largest exchange of Bitcoin derivatives, has leaked user data. Some users received emails containing the email addresses of other platform clients. We are aware of an email privacy issue impacting our customers. We have identified the root cause and will be in touch with any users...

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