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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.…
A report by BitMEX reveals that perpetual swap funding rate disparities are driven by deep structural mechanics rather than simple short-term market sentiment. The Impact of Collateral Choice A new…
A wallet linked to BitMEX co-founder Arthur Hayes added 1,400 ETH worth about $2.51 million, while popular ether whale “geministar.eth” hauled in 32,278 ETH, roughly $57 million, over just two…
SpaceX is set to price its $75 billion IPO at $135 per share on June 11, with shares debuting on the Nasdaq under the ticker SPCX at 9:30 a.m. EDT…
Onchain investigator ZachXBT accused BitMEX co-founder Arthur Hayes of turning his own audience into “exit liquidity,” saying Hayes most recently promoted Worldcoin token (WLD) and then sold it shortly afterward,…