Developing economies are more affected by issues related to remittances and inflation, BitMEX’s CEO said.
BitMEX News
BitMEX is a cryptocurrency derivatives exchange. The BitMEX exchange offers a Bitcoin (BTC) perpetual swap trading product, which allows participants to leverage up to 100x the funds they hold on the exchange. Additionally, on BitMEX, BTC futures contracts that come with expirations can be traded, as well as futures and perpetual swap trading for crypto assets other than BTC. BitMEX fees and the BitMEX funding rate come with trading on the platform, depending on the contracts traded.
BitMEX also has a simulated trading platform, called BitMEX Testnet, on which participants use a worthless digital asset called Testnet Bitcoin. BitMEX does not allow customers from the United States and a number of other regions.
- 11479
Plaintiffs accusing BitMEX of market manipulation and racketeering violations will not be able to file their complaint again after being shot down by Judge William Orrick for the second time.
2447Former CEO Arthur Hayes and other executives at the firm are still likely to face charges on alleged violations of the Bank Secrecy Act.
5105The judge urged the plaintiffs to “focus on the task at hand — convincing me that they have stated a plausible claim.”
3386Can BitMEX and Bitcoin beat Elon Musk and Dogecoin to launch the first crypto asset into lunar orbit?
32894BitMEX has collaborated with a non-profit Human Rights Foundation to provide a $150,000 grant to Korean-based Bitcoin scaling researcher Calvin Kim.
4100BitMEX is responding to increased scrutiny of crypto's high energy consumption levels by pledging to go carbon neutral.
330718 months after charges were filed, BitMEX executives will head to trial.
9023The former CEO of BitMEX surrendered in Hawaii and was later released after posting a $10-million bond.
10122Lawyers for the former CEO of crypto derivatives exchange BitMEX are proposing Hayes’ voluntary appearance on April 6, with his potential release on bail subject to a $10 million personal recognizance bond.
8365BitMEX's co-owner, Ben Delo, has pleaded not guilty after surrendering to U.S. authorities in New York.
19429Court transcripts have revealed that BitMEX’s fugitive executives Arthur Hayes and Ben Delo are negotiating a surrender with U.S. authorities.
11919Former BitMEX CEO Arthur Hayes has called on all legacy traders to “opt-out” of legacy trading platforms and embrace the “Crypto Capital Markets.”
5479Once reportedly the highest-paid executive at the Bank of China, Wai Kin Chim has joined BitMEX’s parent firm as an independent non-executive board director.
3409The trader was both lying to investors and using an unregistered derivatives strategy on BitMEX.
10187