Archives

March 2, 2022 @ 11:06 am By Omar Faridi  |  

Crypto derivatives exchange BitMEX co-founder Arthur Hayes (who pleaded guilty to charges of violating the Bank Secrecy Act after being accused of willfully failing to establish, implement, and maintain anti-money laundering (AML) programs at BitMEX), notes that thankfully, (unlike many others around the world) his… Read More

February 25, 2022 @ 9:46 am By JD Alois  |  

Arthur Hayes and Benjamin Delo, BitMEX crypto derivatives exchange founders, have pleaded guilty to charges of violating the Bank Secrecy Act. According to the US Department of Justice, the two founders willfully failed to establish, implement, and maintain anti-money laundering (AML) programs at BitMEX. Under… Read More

February 19, 2022 @ 1:29 pm By JD Alois  |  

BitMEX, a crypto derivatives exchange that will soon launch spot trading, has posted 5 predictions as to how crypto will change the world. In summary, this is what BitMEX anticipates will happen in 2022. First, more women will embrace crypto as currently, women make up… Read More

January 31, 2022 @ 10:20 am By JD Alois  |  

BitMEX, a crypto derivatives exchange that will soon operate a crypto spot marketplace, says it has now airdropped over 1.5 million BMEX tokens. BitMEX added that the BMEX Token Litepaper is now available as well. BMEX is an ERC-20 token that provides rewards to its… Read More

January 25, 2022 @ 10:16 am By JD Alois  |  

Last week, BitMEX announced its intent to acquire Bankhaus von der Heydt. The deal is actually structured so that BXM Operations AG, founded by BitMEX CEO  Alexander Höptner and CFO Stephan Lutz, will acquire the bank located in Munich, Germany. While the purchase is subject… Read More

January 6, 2022 @ 8:47 am By JD Alois  |  

BitMEX, a crypto derivatives exchange, has enlisted the help of Tokeny to support its forthcoming BMEX token launch. BitMEX is using the BMEX airdrop to incentivize new users and recently announced adding over 50,000 new users to its platform. Alexander Höptner, CEO of BitMEX, said… Read More

January 5, 2022 @ 11:15 am By JD Alois  |  

BitMEX, a crypto derivatives exchange that expects to launch a spot market later this year, says it has added 50,000 new users following the launch of the BMEX token on December 21, 2021. BitMEX is using the airdrop to incentivize new users following a challenging… Read More

January 3, 2022 @ 8:16 am By JD Alois  |  

BitMEX, a crypto exchange in the derivatives market that is planning to soon add a spot market, has hired a new Chief Commercial Officer – Rupertus Rothenhaeuser. BitMEX has been in a rebuilding mode following the exit of its founder and former CEO Arthur Hayes… Read More

December 21, 2021 @ 4:53 pm By JD Alois  |  

Digital asset exchange BitMEX has announced its native token, BMEX. The tokens commence its airdrop on 1 February 2022 with the token becoming tradeable on BitMEX upon the launch of its Spot exchange in early Q2 2022. BitMEX is a crypto derivatives – futures marketplace… Read More

December 2, 2021 @ 12:01 am By Omar Faridi  |  

Global crypto trading platform BitMEX. which was hit earlier this year with a $100 milllion penalty pertaining to CFTC action claiming illegal trading, AML violations and other charges, has announced the launch of BitMEX EARN. This interest-bearing product “offers the highest annual percentage rate (APR)… Read More

November 25, 2021 @ 2:50 pm By Tony Zerucha  |  

Cryptocurrency trading mobile app TabTrader announced today it closed a $5.8 million Series A round led by BitMEX Ventures. Also participating in the round were Hashkey Capital, Spartan Capital, SGH Capital, SOSV, and Artesian Venture Partners. Based in Amsterdam, TabTrader said it has more than 400,000… Read More

August 12, 2021 @ 10:59 am By Omar Faridi  |  

Crypto is “changing,” and BitMEX is “changing with it” according to Alexander Höptner, the CEO at the Bitcoin Mercantile Exchange. In a blog post dated August 10, 2021, the team at BitMEX revealed that they’ve reached a “resolution” with the US Commodity Futures Trading Commission… Read More

August 10, 2021 @ 4:23 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC), has announced a consent order against BitMEX and its affiliated entities. The order stems from a CFTC action filed on October 1, 2020, against BitMEX and its three individual founders, Arthur Hayes, Benjamin Delo, and Samuel Reed. The CFTC’s… Read More

August 5, 2021 @ 10:21 am By JD Alois  |  

BitMEX, a crypto exchange known for active trading and derivatives, has noted in a blog post that Chainalsyis has removed it from its “High Risk Assesment” qualification. In the fall of 2020, Chainalsysis labeled Bitmex a High-Risk exchange following the announcement that the US Department… Read More

March 4, 2021 @ 8:38 am By Omar Faridi  |  

Arthur Hayes, the former CEO of digital currency derivatives exchange BitMEX, is reportedly holding discussions which would involve his surrender to US authorities as early as next month (April 2021). As reported in October of last year, Hayes and several other senior managers at the… Read More

November 3, 2020 @ 6:46 pm By Omar Faridi  |  

Amiti Uttarwar, a Bitcoin Core developer, received a $150,000 development grant (in June 2020) from HDR Global (the parent company of BitMEX) and OKCoin. Uttarwar is currently focused on improving certain aspects of Bitcoin’s (BTC) peer-to-peer (P2P) layer by addressing issues related to privacy and… Read More

October 15, 2020 @ 12:00 pm By JD Alois  |  

Last week, the US Department of Justice published a white paper, crafted by the Cyber-Digital Task Force, that outlines its approach to enforcement when it comes to digital assets (or cryptoassets). US Attorney General William Barr issued the following statement on the framework: “Cryptocurrency is… Read More

October 6, 2020 @ 6:13 pm By Omar Faridi  |  

Joel Edgerton, COO at bitFlyer, a crypto-asset exchange that’s licensed to operate in Japan, the United States, and Europe, recently shared his views about the court case and charges brought against the Bitcoin Mercantile Exchange (BitMEX), a leading digital asset derivatives exchange. Edgerton also shared… Read More

October 5, 2020 @ 6:00 pm By JD Alois  |  

Last week, BitMEX (Bitcoin Mercantile Exchange), a top crypto/crypto-derivatives exchange that is operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity, was hit with a civil enforcement action emanating from the Commodity Futures Trading Future Commission (CFTC). Simultaneously, a criminal lawsuit by… Read More

September 23, 2020 @ 7:41 am By Omar Faridi  |  

The Bitcoin Mercantile Exchange (BitMEX), a leading crypto derivatives exchange, has taken a look at the relatively short seven-year history of decentralized exchanges (DEXes) – which includes the first major iteration of the technology, Counterparty. BitMEX noted that it considers these early attempts to have… Read More