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BitMEX Officials Get Slapped with Criminal Charges as US DoJ Investigates Money Laundering Activities

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The cryptocurrency market has again been mired in controversies, this time involving one of the most high profile companies in the industry. Recent reports revealed that prosecutors in the United States have filed criminal charges against crypto exchange primo BitMEX for flouting money laundering rules. The case has sent shockwaves across the industry with the decision splitting the industry. […]

Brazil’s Regulator Orders Binance to Stop Providing Crypto Derivatives

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Brazil ‘s financial regulator, the Securities and Exchange Commission, which is commonly known as CVM, has prohibited Binance ‘s giant trading platform from offering cryptocurrency derivatives in the country. According to the authority, derivatives are cryptos or underlying assets, which are considered to be securities. As such, Binance is required to register with CVM in […]

Bitmex Announces Native ETHUSD Quanto Futures Contract with Fixed Bitcoin Multiplier

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The cryptocurrency market has witnessed several updates and developments in the past few months. One of the biggest positive takeaways from this was the fact that multiple activities took place despite the crypto market cap taking a hit over the last couple of weeks. In another message that virtual asset markets were more confident than […]

BitMEX’s Bitcoin Market Share Lose to Binance, Significant after “Black Thursday”

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Last month, Bitcoin went down in history for the wrong reasons. On 12th March 2020, when a collective collapse took place over the global financial industry, Bitcoin mirrored the traditional asset class as well and its valuation dropped by nearly 50 percent in the charts. In Coinmetrics’ recent report, the impact of the price drop […]

BitMEX Operator HDR GLobal Trading Becomes Shadowserver Foundation Sponsor; Becomes Part of ‘Alliance for Internet Security’

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Partnerships have been the bedrock of several successes in the virtual asset world. This model was carried forward recently by the operator of the one of the world’s largest cryptocurrency exchanges, BitMEX. HDR Global Trading Limited has announced that it will become a sponsor of the Shadowserver Foundation, the Internet Security Reporting and Investigation Resources […]

BitMEX: Bitcoin’s Lightning Network Usage Surpasses Expectations

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According to recent research by the analysis arm of Bitcoin margin trading exchange, BitMEX, the use of Lightning Network on Bitcoin (BTC) has been higher than expected. The scaling solution for the world’s most popular digital currency has demonstrated significant growth across various aspects. BitMEX applied different research methodologies to come up with a report. […]

BitMex sued by initial investor for $300 million share settlement

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Cryptocurrency exchanges have had their fair share of controversies in the past months, and the latest platform, tog et hit by one is BitMex. Being one of the largest and more popular exchanges on the planet, the company, as well as its founder, Arthur Hayes, have been subjects of scrutiny multiple times. This time around, […]

Binance urges users to double-check their accounts after BitMEX scandal

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The cryptocurrency industry has been hit with massive scandals ever since its inception and the latest BitMex email leak has led other organizations to run helter-skelter in terms of securing their data. Binance, the world’s largest cryptocurrency was also one of the companies out to ensure their data safety. The Changpeng Zhao led cryptocurrency exchange […]

Bitcoin volume loses foothold on BitMEX as market tries to stay afloat

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Bitcoin had a great start to the year, but let’s admit it; the recent performance has not been living up to the expectations of holders. This gloomy market weather darkened a bit more when it was discovered that Bitcoin’s weekly volume had dropped by a massive 72 percent in 3 months on BitMEX. The information […]