Cryptocurrency exchange BitMEX will shut down in September after 11 years, the firm announced Friday. New user registrations stopped immediately Friday. While users can continue buying and trading ...
BitMEX and its co-founders are once again facing legal challenges in the United States, this time through a newly filed class-action lawsuit that accuses the crypto derivatives platform of operating a ...
BitMEX was one of the first places where crypto’s anything-goes culture took shape: an offshore exchange built around high leverage, perpetual futures and the idea that markets should never sleep.
Once a dominant force in cryptocurrency derivatives trading, BitMEX has failed to complete a long-running sale process, according to people familiar with the matter. The platform, which pioneered ...
Bitcoin has eased below $64,000 as the BitMEX wind-down announcement and FOMC uncertainty weigh on sentiment. BitMEX’s offshore Bitcoin derivatives market share collapsed from 40% to 0.6%, leading to ...
Perpetual swaps, also called perpetual futures or “perps” for short, are the dominant trading instrument in the crypto market, processing an estimated $40 trillion to $50 trillion a year in volume.
It was sometime in 2015, on a hiking trail in Hong Kong, that the perpetual swap — also called a perpetual future or a “perp” for short — was born. Ben Delo, the mathematician and co-founder of BitMEX ...
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January. [Update, 10:32 UTC, July 26: ...
However, on July 23, BitMEX said it will close for good on Sept. 23. The reasons for that closure signal a lot about the next few years of crypto. During BitMEX's peak in 2018 to 2019, it ran more ...
Former BitMEX CEO Arthur Hayes bought another $6.39 million in ether (ETH), pushing his total purchases to 7,213 ETH even though the position sits roughly $301,000 underwater. The Maelstrom chief ...
The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders. [Updated July 29, 2026, 22:31 UTC: ...
Fauci invokes Fifth Amendment at Rand Paul-led US Senate COVID hearing Anthony Fauci, the former top U.S. infectious disease expert, declined to answer questions at a Senate hearing on Wednesday, ...