The U.S. Department of Justice has articulated its digital enforcement strategy, putting the crypto community on notice.
BitMex is a peer-to-peer cryptocurrency exchange offering contracts with credit support. The BitMex exchange was founded in 2014 by Arthur Hayes. On BitMex, deals are available only in Bitcoin. BitMex has a list of the most popular altcoins, their prices, however, are set in Bitcoin as well. The official website is available in five languages: English, Chinese, Japanese, Korean and Russian. The BitMex platform doesn’t work with fiat currencies. Some crypto products are available on BitMex, such as futures and indefinite contracts. The main trading interface is divided into three zones, including setting orders zone, tools zone and analytics zone. A list of BitMex fees for futures and contracts is available on the official website.
Bitcoin's balance on three popular exchanges decreased by 390k BTC over the past 9 months.26460
Bitcoin exchange reserves are continuously plummeting as analysts pinpoint the trend to a potential shortage of sellers.33617
The SEC Commissioner said the recent legal action taken against BitMEX shows the need for the international industry to take AML regulations seriously4673
Despite Binance recording the highest crypto derivatives volume in September, OKEx seems to be fighting back.8097
The hire comes after BitMEX's founders were charged with failing to prevent money laundering and operating an unregistered trading platform illegally in the United States.4453
The Department of Justice made headlines in crypto and elsewhere, leading a week of law enforcement locking down around the world.15961
October has been a dramatic month for the top brass of BitMEX crypto derivatives exchange, whose founders face multiple charges from U.S. authorities.6695
BitMEX not playing by the rules today means added regulatory consequences tomorrow.4150
Yet, the biggest crypto hub remains on the blacklist.5242
The CFTC and DOJ actions against BitMEX suggest that the crypto industry still has a lot of work ahead to meet KYC/AML standards.11312
BitMEX is maintaining respectable liquidity and open interest but the exchange could still face a total client exodus.10366
Is BitMEX too big to fail, or are the charges a serious threat?13545
Bitcoin’s stability throughout an eventful week shows traders are confident that the bullish uptrend will resume soon.19846
Gemini, Binance, OKEx and Huobi appear to be the biggest gainers of the BitMex fallout.23196