BitMEX the End of an Era
On my first day, I stood in front of a shark tank while a crypto price ticker snaked along the ceiling of the entire office, and wondered where I had…
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On my first day, I stood in front of a shark tank while a crypto price ticker snaked along the ceiling of the entire office, and wondered where I had…
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 cryptocurrency market has been stuck in a prolonged bear market for several months, while in the last few days, some well-known exchanges announced they will shut down operations. This…
Unlike the previous major bear market in which numerous cryptocurrency exchanges reduced their staff number, the current cycle turned out to be more violent and requires a different sort of…
BKX Services Inc. and David Namdar have filed a class action lawsuit against BitMEX. The plaintiffs accuse the exchange of market manipulation and misappropriating nearly 623 BTC due to forced…
The complaint, which includes former BitMEX CEO Arthur Hayes and former CTO Samuel Reed as defendants, alleges that the exchange operated a fraudulent scheme from an insider desk managed by…
The previous business week ended with a leg down that drove the primary cryptocurrency to $62,500. However, it reacted swiftly and recovered to $64,000 during the weekend. The gradual climb…
BitMEX operator HDR Global Trading Limited announced the permanent closure of the exchange, effective Sept. 23, 2026. Wind-Down Timeline and Operational Limits BitMEX, the pioneer of cryptocurrency derivatives trading that…
BitMEX, the exchange that invented the crypto perpetual swap, will shut down completely on September 23, 2026, at 04:00 UTC. HDR Global Trading Limited, the exchange’s parent company, announced the…
One of the pioneers of cryptocurrency derivatives trading and the creator of the 100x perpetual swap will permanently cease operations on September 23 after deciding to wind down the business.…