The cryptocurrency exchange BitMEX outlined some possible scenarios that could unfold in the coming months for the cryptocurrency industry. It believes the Federal Reserve will most probably cease its interest rate hikes by the end of the year, triggering a flow of funds into global capital markets and risk-off assets. Cryptocurrencies, such as bitcoin and ether, could benefit in such cases. Scenario #1 According to BitMEX, the US Federal Reserve will most likely slow the...
Read More »Bitcoin NFTs: What’s the Impact of Ordinals on the BTC Network? (Research)
NFTs have come to Bitcoin – and they’re quickly taking the network by storm. On Wednesday, BitMEX blog provided reviewed the adoption of Ordinals, the NFT-enabling protocol that’s been a subject of heated debate in the Bitcoin community over the past week. Just how much steam is the new feature generating on-chain? Ordinals: The Data Going by BitMEX’s numbers, the number of Ordinals transactions per block skyrocketed in February 2023, surpassing an average of 225 on February...
Read More »These Crypto Companies to Send Aid Packages to Earthquake-Hit Turkey
Leading cryptocurrency exchanges, such as Bybit, BitMEX, and Bitfinex, vowed to support victims of Turkey’s disastrous earthquake with aid packages. Binance is also looking to help the affected people. A massive earthquake with a magnitude of 7.8 struck southern Turkey earlier today (February 6) and killed over 1,500 people. Hundreds of buildings collapsed, meaning the number of victims could rise significantly once emergency services scour the ruins. Numerous governments,...
Read More »Alexander Hoeptner With Details on BitMEX Wrongful Termination Lawsuit
The court filing argued that Höptner’s termination was “wholly wrongful and without basis.” Former BitMEX Chief Alexander Höptner has sued his former employer for $3.4 million for breach of agreement and wrongful termination. This includes $2.4 million for his second-year bonus and smaller amounts for remaining wages, relocation expenses, and housing. The claim, filed by Höptner’s legal representatives – Kelvin Chia Partnership – with Singapore’s High Court, alleges BitMEX of...
Read More »BitMEX Sued for $3.4 Million by Former CEO in Breach of Contract
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Read More »These Crypto Companies Slashed Their Workforce Since the Market Crash in April
In the aftermath of the crypto winter, which erased billions of dollars from the industry after last year’s rally to an all-time high, many firms have significantly reduced their headcounts over the past few months to cut operational costs. This may not come as a surprise due to the impact of the bear market, which forced several big companies, including Three Arrows Capital (3AC), Voyager Digital, and Celsius Network, into bankruptcy. The Crypto Job Cut Trend While some...
Read More »BitMEX Cuts Staff as It Looks to Pivot Back toward Derivatives Trading
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Read More »BitMEX erweitert Token-Angebot mit neuen Notierungen als Teil einer neuen Strategie
BitMEX, eine der weltweit größten und ältesten Krypto-Handelsplattformen, hat sein Token-Angebot mit der Aufnahme von 14 neuen Token erweitert. Die Krypto-Plattform hat die Anzahl der Handelspaare erhöht, um die steigende Nachfrage von privaten Investoren zu decken, was den nächsten Schritt in der Beyond-Derivatives-Strategie des Unternehmens darstellt. Bisher war der Handel nur mit Bitcoin und Ethereum möglich, das Angebot wurde aber um neue Token und Assets erweitert, da die BitMEX-Nutzer...
Read More »Bitcoin-Preis auf 1’000’000?
Die digitale Währung Bitcoin wird immer beliebter. Gerade jetzt nach dem gelungen Merge, welcher beweist, dass sich Blockchains skalieren lassen. Experten zufolge könnte die bekannteste digitale Währung Bitcoin in den nächsten Jahren auf 6-stellige Beträge klettern oder sogar eine Million Dollar wert sein. Doch wie realistisch ist diese Einschätzung wirklich? Am Anfang der Geschichte von Bitcoin war dieser fast nichts wert. Die erste bekannte Transaktion eines physischen Gegenstandes fand im...
Read More »US Prosecutors: BitMEX Co-Founder Arthur Hayes Deserves More Than a Year in Prison
According to US prosecutors, the Co-Founder of the cryptocurrency exchange BitMEX – Arthur Hayes – should stay behind bars for more than 12 months because his company violated anti-money laundering laws. It is expected that the court will sentence him to spend between six months and one year in federal prison since he pleaded guilty to breaching the Bank Secrecy Act in February. One Year is Is Not Enough The digital asset exchange and derivative trading platform – BitMEX –...
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