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 found myself. Eleven years after BitMEX opened, it ...
BitMEX reportedly spent two years seeking a buyer before deciding to close the crypto derivatives exchange, as founder control, declining activity and legal baggage deterred potential acquirers.
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 ...
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.
BitMEX, a pioneering crypto derivatives exchange known for inventing the perpetual swap, will permanently shut down in September after years of regulatory and legal troubles. A wave of closures and ...
BitMEX customers are seeking the return of 622.66 Bitcoin in a proposed class action that accuses the exchange of engineering liquidations and retaining traders’ collateral. The complaint, filed July ...
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 shutting down due to significant loss of market share, now at 0.08% of Bitcoin futures volume, down from its former dominance The exchange’s collapse in liquidity and traders led to a decline ...
The core accusation is damning in its specificity. Plaintiffs BKX Services Inc. and David Namdar allege that BitMEX did not simply liquidate their leveraged positions when markets moved against them — ...
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 ...
BitMEX was hit with a proposed class action seeking the return of 622.66 Bitcoin, worth roughly $40.7 million, on the same day the crypto derivatives exchange announced plans to shut down in September ...