BitMEX

CoinFlash

BitMEX CTO Released in US After Payment of $5M Bond

The former chief technology officer of the troubled BitMEX exchange has been released after a bond for $5 million was paid in the U.S.

Policy & regulation  ·  9 October 2020
Bitcoin

First Mover: Bitcoin ‘Comatose’ Under $16K for Rest of 2020, While Ether Traffic Eases

Bitcoin is stuck in an ever-tightening range between $10.5K and $10.8K and appears set for a breakout, though options trading suggests $16K might represent an upper bound in 2020.

Markets  ·  8 October 2020
Exchanges

BitMEX CEO Arthur Hayes Leaves Role After US Charges

The parent group of BitMEX has announced an executive shakeup after U.S. authorities charged the firm over allegedly illegal conduct.

Business  ·  8 October 2020
BitMEX

BitMEX Says It’s ‘Business as Usual’ Despite 30% Drop in Bitcoin Balance After CFTC, DOJ Action

More than 57,000 BTC have been withdrawn from BitMEX since Sept. 30.

Markets  ·  7 October 2020
Bitcoin

Analysts Can’t Agree on What Prompted Big Spike in New Bitcoin Addresses

New bitcoin addresses have spiked this month, with one industry exec pointing to traders moving funds off the legally troubled BitMEX exchange. Others disagree.

Markets  ·  7 October 2020
Regulation

After BitMEX: Regulation Must Change for the Digital Age

Recent regulatory enforcement against BitMEX shows how out of step the world's financial regulators are with digital innovation.

Policy & regulation  ·  6 October 2020
Ether

BitMEX Ether Futures Trading Contracts Fall by Half in Wake of US Charges

Open interest on the Seychelles-based cryptocurrency exchange is down nearly 50% from the $125 million observed Oct. 1.

Markets  ·  5 October 2020
Coinbase

Crypto Long & Short: Coinbase’s ‘Apolitical’ Stance Isn’t Nearly as Simple as It Sounds

Coinbase raises important questions about employee activism, plus what the BitMEX indictments say about the future of the industry.

Markets  ·  4 October 2020
BitMEX

Bitcoin Volatility Hits 23-Month Low as the Cryptocurrency Shrugs Off BitMEX, Trump’s Illness

Bitcoin's 180-day volatility dropped to its lowest level since November 2018

Markets  ·  4 October 2020
Binance

Binance, Gemini, Kraken So Far the Winners From BitMEX’s Legal Woes

Binance, Gemini, and Kraken have become the biggest winners since US regulators' charges against BitMEX on Thursday.

Markets  ·  2 October 2020
Bitcoin

Bulls Exit BitMEX Bitcoin Futures Market

Since the announcement from U.S. regulators, BitMEX has witnessed an outflow of more than 40,000 bitcoins, currently worth more than $422 million.

Markets  ·  2 October 2020
Bitcoin

Trump COVID Test, BitMEX Charges Bring October Shocks for Bitcoin

Crypto analysts scramble to assess U.S. charges against BitMEX, home of 100x bitcoin perpetual swaps and a venue for getting "rekt."

Markets  ·  2 October 2020
Exchanges

BitMEX Moves $337M in Bitcoin Ahead of First User Withdrawals Since US Charges

Bitcoin outflows from prominent crypto derivatives exchange BitMEX are already up in the wake of charges from U.S. regulators announced Thursday.

Markets  ·  2 October 2020
BitMEX

BitMEX's Receding Market Share Might Have Spared Bitcoiners Bigger Sell-Off

When BitMEX announced its "perpetual bitcoin leveraged swap" four years ago, few traders could have anticipated the major impact it would have on the digital-asset trading landscape.

Markets  ·  1 October 2020
DeFi

Should DEXs Be Worried After BitMEX? DeFi Founders Weigh In

The sudden takedown of crypto exchange BitMEX has cast a new light on Ethereum’s decentralized finance (DeFi) markets.

Business  ·  1 October 2020