Tagged: bitmex

New BitMEX Spot Exchange Tops $24 Million in Daily Trade Volume

Alexander Höptner

BitMEX, perhaps best known for its leverage crypto derivative trading, recently launched its spot trading platform to enter a new line of business. In a company statement today, BitMEX shares that ten days after spot trading went live it has topped $24 million in daily… Read More

After a Long Wait, BitMEX Launches Spot Exchange

Alexander Höptner

BitMEX, better known for crypto derivatives trading, has launched its anticipated crypto spot exchange. BitMEX stated in a release that spot trading for digital assets is now available for both retail and institutional investors. BitMEX touted its ambition to emerge as a top ten global… Read More

Bitmex Founders to Pay $10 Million Each to Settle CFTC Charges

Red Card Penalty Fine Infraction

Bitmex, once the leading crypto derivatives exchange, will see its three co-founders paying a $10 million penalty each to settle charges with the Commodity Futures Trading Commission (CFTC). According to a statement by the CFTC, Arthur Hayes, Benjamin Delo and Samuel Read must each forfeit… Read More

BitMEX’s Acquisition of Munich based Bankhaus von der Heydt Collapses

Munich Germany Dragon

Earlier this year, BitMEX announced its intent to acquire Bankhaus von der Heydt., a bank based in Munich, Germany. BXM Operations AG, founded by BitMEX CEO  Alexander Höptner and CFO Stephan Lutz, was expected to close on the acquisition of the bank at some point in 2022. Terms were not… Read More

BitMEX Enlists Mercuryo for Fiat to Crypto Purchases

Bitcoin and Liberty Dollar CBDC

BitMEX, a crypto derivatives exchange and aspiring spot marketplace, has signed up Mercuryo, a  crypto payments company, for fiat-to-crypto purchases. According to a corporate statement, the integration means 21 more fiat currencies can be used to purchase Bitcoin, Ether, and Tether (ERC-20) on BitMEX. The… Read More

BitMEX Co-founder Arthur Hayes Now Cautiously Bullish on Bitcoin Given Current Geopolitical, Socioeconomic Environment

Two Bitcoin

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

BitMEX Founders Arthur Hayes and Benjamin Delo Plead Guilty, Agree to $10 Million Penalty Each

John Marshall Judge Legal Law Statue Washington DC

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

BitMEX Predicts that Solana Will Challenge Ethereum, Crypto Firms will Aquire Traditional Financial Services Firms

Swami Psychic Future Prediction Guess Anticipate

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

BitMEX Reports 1.5 Million BMEX Airdrop

danny postma Unsplash Airdrop Parachuet Sky Dive

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

BitMEX’s Acquisition of Bankhaus von der Heydt is Another Step in the Rehabilitation of the Crypto Trading Platform

Alexander Höptner

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

Analysts at Blockstream Predict Huge Year for Liquid Network, STOs, as Bitcoin Price Continues to Decline: Report

Fortune Cookie Small Wins Big Successes

Bitcoin-focused tech firm Blockstream notes in their Markets Weekly Report that BMN is launching a capital raise via Bitfinex Securities in the coming days. Meanwhile, El Salvador is preparing its regulatory framework for the upcoming BTC bond, and Goldman Sachs (NYSE:GS) recently stated that BTC… Read More

BitMEX Partners with Tokeny on Forthcoming BMEX Token

Tokeny CEO Luc Falempin

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

BitMEX Reports 50,000 New Users Following Token Airdrop

danny postma Unsplash Airdrop Parachuet Sky Dive

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

BitMEX Continues to Rebuild with New CMO Hire

Rupertus Rothenhaeuser

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

BitMEX Users Eligible for Airdrop of Native Token BMEX

Alexander Höptner

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

Crypto Trading Platform BitMEX Introduces BitMEX EARN Program

Work Ahead One Lane Road Caution

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

Bitmex Says it is First Crypto Exchange to Become Carbon-Neutral

Bitcoin Up in Smoke

Last May, Bitmex published a commitment to become a carbon-neutral crypto exchange. As many people know, crypto transactions can utilize a lot of energy due to the need for computing power. At that time, Bitmex said carbon offsetting was its path to mitigating its carbon… Read More

BitMEX CEO Says Crypto Is Changing and They’re Changing with It, After $100M Penalty Pertaining to Alleged Illegal Trading, AML Violations

Lane Change Ahead

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

Bitmex Hit with $100 Milllion Penalty Pertaining to CFTC Action Claiming Illegal Crypto Trading, AML Violations and More

nathan shively Unsplash Referee Legal Penalty Violation Fraud

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

BitMEX Shares that Chainalysis Has Removed it From “High Risk Assessment”

AML KYC

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

Send this to a friend