Tagged: bitmex

August 14, 2020 @ 10:33 am By Omar Faridi  |  

The Seychelles registered Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives exchange, announced on August 14, 2020, that it will be introducing a user verification program. The Hong Kong-operated exchange noted that it will be launching its User Verification Program “at 00:00 UTC on… Read More

August 3, 2020 @ 7:23 am By Omar Faridi  |  

The overall performance of the nascent cryptocurrency market during Q2 2020 was not as good as it was when compared to the previous quarter. According to Token Insight, the main reason for the relatively poor performance this past quarter may be attributed to very little… Read More

June 29, 2020 @ 10:47 am By Omar Faridi  |  

The Hong Kong operated Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives trading platform, is introducing a program that will reportedly offer special benefits to corporate clients – which may include improved security and accounting services. As mentioned on BitMEX’s website: “The BitMEX Corporate… Read More

June 22, 2020 @ 10:39 pm By JD Alois  |  

Sparrow, an options trading platform has raised USD$ 3.5 million in a Series A funding round, according to a company release. The round was led by HDR Group, the parent company of BitMEX – a crypto exchange. The funding also included participation from Signum Capital, Du… Read More

June 19, 2020 @ 4:52 pm By Omar Faridi  |  

  HDR Global, the parent company of BitMEX, a leading cryptocurrency derivatives exchange, has awarded another $150,000 grant to Bitcoin (BTC) Core developer Amiti Uttarwar. Digital asset exchange OKCoin also made a 50% contribution to the Bitcoin development grant. Uttarwar previously worked as an engineer… Read More

June 7, 2020 @ 5:53 pm By Omar Faridi  |  

The developers of Ethereum (ETH), the world’s largest smart contract platform, have been working for many years on the ongoing development of Ethereum 2.0 or Eth2, which is a major systemwide upgrade that will involve a transition from the current proof of work (PoW) consensus… Read More

June 5, 2020 @ 5:28 pm By Omar Faridi  |  

The research division of the Bitcoin Mercantile Exchange (BitMEX), a leading cryptocurrency derivatives exchange, has awarded a $100,000 grant to Bitcoin (BTC) developer Gleb Naumenko. BitMEX Research noted via Twitter that HDR Global Trading, the exchange’s parent company,  is “delighted to announce that a US$100,000… Read More

June 2, 2020 @ 9:56 pm By Omar Faridi  |  

Bitcoin Mercantile Exchange (BitMEX), one of the largest cryptocurrency derivatives exchanges in the world, says that they “no longer think that dated volatility-related bets are an effective way to protect portfolios because they are now too expensive.” THe BitMEX team stated: “We believe that inflation… Read More

May 18, 2020 @ 11:04 pm By Omar Faridi  |  

A lawsuit was filed on May 16, 2020, against HDR Global Trading Ltd, the parent company of the Hong Kong-operated Bitcoin Mercantile Exchange (BitMEX), a leading digital currency derivatives exchange that averages billions of dollars worth of daily trading volume. The 106-page lawsuit has also… Read More

May 16, 2020 @ 7:55 pm By Omar Faridi  |  

HDR Global Trading Ltd, the parent company of leading cryptocurrency derivatives exchange, BitMEX, has introduced a developer grant program that will complement its previous efforts and contributions that support software architects working on open-source protocols. HDR Global has previously awarded a “no strings attached” $100,000… Read More

April 24, 2020 @ 10:30 am By Samantha Hurst  |  

Next-generation cryptocurrency trading platform BitMEX announced on Friday it is planning to launch an Ether (ETHUSD) quanta futures contract with up to 50x leverage May 5th. According to BitMEX, the first contract, ETHUSDM20, will expire in June. BitMEX claims that the contract will be the… Read More

April 20, 2020 @ 9:24 am By Samantha Hurst  |  

HDR Global Trading Limited, operator of the BitMEX cryptocurrency trading platform, announced on Monday the launch of its COVID-19 Response Fund. The company reported that it has granted US$2.5 million towards the global effort to respond to the pandemic. The HDR Global Trading COVID-19 Response… Read More

April 6, 2020 @ 1:06 pm By JD Alois  |  

Two law firms, Roche Cyrulnik Freedman and Selendy & Gay, have jointly filed 11 class actions against well-known crypto exchanges. The lawsuits also include accusations of “manipulative conduct” by Bitmex. The allegations were filed in the Southern District of New York against four crypto exchanges… Read More

March 25, 2020 @ 10:04 am By Omar Faridi  |  

CoinDCX, one of India’s largest digital asset exchanges, has secured $3 million in funding through a Series A investment round, which was led by Bitcoin Mercantile Exchange (BitMEX) operator, HDR Group. Polychain Capital, Bain Capital Ventures, and several other unnamed venture capitalists also took part… Read More

March 21, 2020 @ 10:59 am By Omar Faridi  |  

Digital asset hedge fund Adaptive Capital is reportedly closing down its operations. Adaptive Capital was a self-described “multi-strategy cryptocurrency hedge fund with a deep focus on on-chain analytics.” The hedge fund predicted that crypto-assets would become a major macro asset class and on-chain analysis of… Read More

March 6, 2020 @ 7:59 am By Omar Faridi  |  

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), recently warned local consumers about the operations of the Bitcoin Mercantile Exchange (BitMEX), a virtual currency derivatives exchange. According to a notice published by the FCA on March 3, 2020, the independent financial regulator noted… Read More

December 24, 2019 @ 8:56 am By Cali Haan  |  

The research division of BitMEX says the vast majority of “IEO” (Initial Exchange Offering) tokens sold this year are now trading well below the price they were listed at and/or sold privately for. IEOs are regarded by some as a dressed-up version of ICOs (Initial… Read More

November 6, 2019 @ 2:53 am By Cali Haan  |  

“Software-defined cryptography firm” Unbound Tech says that parties exposed in last week’s email debacle at BitMEX, and the exchange itself, “remain at high risk for exploitation through a variety of approaches.” Last Friday, news broke that BitMEX, a cryptocurrency exchange popular for allowing 100x leveraged… Read More

November 1, 2019 @ 1:08 pm By Cali Haan  |  

There is a lot of anger on “crypto Twitter” today following news that BitMEX, a cryptocurrency exchange known for allowing 100x leveraged cryptocurrency trades on its platform, has exposed the email addresses of “many” of its customers. The error occurred when the company sent out… Read More

October 31, 2019 @ 1:20 am By Cali Haan  |  

The availability of cheap, cryptocurrency-collateralized loans is growing unsustainably and could induce a crisis, two former Wall Street traders now working in crypto lending have told Bloomberg. According to the outlet, the crypto-collateralized loan industry is a relatively new one that mostly emerged in the… Read More