Search results for bitmex

BitMex's former head of business development, Greg Dwyer, has entered a change of plea in his criminal trial, court documents show. The post BitMex’s Greg Dwyer changes plea to guilty in criminal proceedings appeared first on The Block.

A new Ethereum fork resisting the upcoming merge doesn’t exist yet, but BitMEX wants to make sure the token has a market for speculators.

BitMEX, one of the longest running derivatives exchanges in the crypto market, is moving into traditional financial markets with the launch of perpetual swap contracts tied to foreign currencies.  The firm announced Friday the launch of FX perpetual swap contracts (FX perps), which will allow its users to trade more than 20 contracts tied to […] The post BitMEX launches FX perpetual swap contracts for institutional and retail investors appeared first on The Block.

After a clean break over $1,350 and $1,400, Ethereum picked up steam. There is no relationship between Poloniex and Poland.

Cryptocurrency exchange Bitmex has delayed the listing of its native token BMEX, citing market volatility.  The post BitMEX delays native token listing, citing market conditions appeared first on The Block.

The action by the exchange is an attempt to comply with EU restrictions. BitMEX isn’t the only one adhering to

BitMex has liquidated its Three Arrow’s Capital positions. A few other exchanges also followed the decision. According to the Block, ...Read More...

Crypto lending and borrowing firm Three Arrows Capital (3AC) had positions liquidated by crypto exchanges Deribit, BitMEX and FTX. What Happened: Across the past week, 3AC has experienced liquidations in Bitcoin derivative positions. As disclosed by The Block, 3AC currently owes $6 million to BitMEX. It was further revealed the positions liquidated by FTX and Deribit were comparatively smaller than the liquidation by BitMEX. As a result of uncertain market conditions and the major loss incurred on its position in Terra (CRYPTO: LUNA), 3AC has experienced an extreme liquidity crisis. As crypto prices continued to plummet, the firm was unable to meet its margin calls. “BitMEX's legal department is in touch with 3AC on the next steps,” a BitMEX representative told The Block. FTX’s spokesperson denied making any public comment on the liquidation unless it is legally required. Deribit also maintained silence, only divulging, “We can confirm that Three Arrows Capital is a shareholder of our parent company since February 2020. Due to market developments, Deribit has a small number of accounts that have a net debt to us that we consider as potentially distressed.” Why It's Important: As the market conditions continue to worsen, numerous crypto firms are experiencing liquidation risks. 3AC missing its margin calls and further facing major-scale liquidations serves as alarming news to investors globally given the threat to their funds. 3AC must continue to protect investor funds, via ensuring collateralized asset reserves and work to prevent margin calls. Experiencing more than a total of $400 million in liquidations, the firm must work to secure against absolute insolvency ensuring loan repayment and limiting asset sales. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

As Three Arrows Capital struggles, its lenders have started liquidating the firm's positions and portfolio companies are distancing themselves.

Crypto trading platforms FTX, Deribit, and BitMEX have liquidated positions in Three Arrows over the past week. According to one ...Read More...

Crypto exchanges FTX, Deribit and BitMEX liquidated Three Arrows Capital's positions, sources tell The Block. The post Three Arrows Capital positions liquidated by FTX, Deribit and BitMEX appeared first on The Block.