Crypto exchange Bitmex has cut its workforce by 30%, with the layoffs coming a week after CEO Alexander Höptner resigned. “We are shifting away from our Beyond Derivatives strategy and will revert to focusing on providing a crypto derivatives trading experience that people will turn to,” a Bitmex spokesperson said in an email. Fluency, latencies, and a vibrant derivative community. This includes trading BMEX tokens“. “Our top priority is to ensure that all affected employees get the support they need....
Futures and Spot exchange BitMEX plans to launch its own BMEX token by the end of the year, according to the CEO in an interview with CoinDesk at the Token2049 conference in Singapore. “If you launch a token in a market that is clearly not at its bottom, Your tokens will be sold out in the general environment,” BitMEX CEO Alexander Hoeptner told CoinDesk in an interview. BitMEX previously announced in July that the token launch would be delayed due...
BitMEX, one of the longest running derivatives exchange in the crypto market. It is entering traditional financial markets with the introduction of perpetual swap contracts linked to foreign currencies. Boom. FX perps are LIVE on BitMEX. Users can now: Long/short foreign currency pairs with up to 50x leverageCapitalise on the price movements of some of the most popular FX pairs 24/7 Coming : more listings. Stay tuned.Let's go : https://t.co/VW5mZRKnVq— BitMEX (@BitMEX) August 3, 2022 The company announced Friday the...
BitMEX is working to increase compliance with European sanctions against Russia. It prepares to enforce important restrictions for users in Russia. BitMEX Restricted Country Policy Changes To comply with the various restrictions of the European Union It notified a group of potentially affected users about the upcoming changes by email on Monday. In the e-mail stated Russian citizens or residents of Russia BitMEX services from the European Union will no longer be accessible after July 11, 2022, which means that...
After a record-breaking decline, former BitMEX CEO – Arthur Hayes – gave another grim view on the direction of crypto on Twitter, saying that the current recovery may be short-lived and that Forced sales of collateral could cause the entire market to crash further. former executive predictThe possibility of a serious crypto sell-off in the near term. After observing the forced sale of the Canadian Purpose Bitcoin ETF's 24,500 BTC collateral on Friday. which accounts for nearly half of all...
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According to US prosecutors, the co-founder of cryptocurrency exchange BitMEX – Arthur Hayes – should have been behind bars for more than 12 months as his company violated anti-money laundering laws. It is estimated that the court will sentence him to spend six months to a year in federal prison. because he confessed The BitMEX platform made headlines in October 2020 when the Commodity Futures Trading Commission (CFTC) accused its co-founders Arthur Hayes, Benjamin Delo and Samuel Reed of failing...
“Bitcoin (BTC) will cost $1 million by 2030,” said Arthur Hayes, former BitMEX CEO, one of the industry’s most well-known experts. This is because countries around the world are avoiding the Euro and US dollar. inblog postIn his latest release on April 27, Arthur Hayes, former CEO of BitMEX, has forecast Bitcoin and gold prices to double. In terms of sanctions against Russia on Ukraine, Major changes in political science and economic policy are coming, Hayes said. “While the United...
BitMEX has partnered with AC Milan to launch a limited edition NFT token, with the proceeds being used to support the non-profit Fondazione Milan and explore new ways to engage with a different fan base. Over 500 million countries followannounce Officially, AC Milan has launched a new NFT project in collaboration with BitMEX and FanSea, where the club has released a special 3D NFT edition of the exclusive Rossoneri jersey. And the proceeds will be used to support NPO charitable...
BitMEX has laid off 75 employees, a move that comes shortly after BitMEX's CEO and CFO's plan to buy one of Germany's oldest banks failed. “BitMEX has changed with our employees. In order to improve our next phase of the business,” a BitMEX spokesperson said, “our top priority is to ensure that all affected employees get the support they need.” “BitMEX platform will continue to operate normally. And we will not make any further comment at this time,” the spokesperson...