Chapter 7 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
Chapter 6 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
As we celebrate the holiday season and edge closer to 2023, we’d like to take the opportunity to reflect on our achievements – the big and the little, the storms we’ve weathered, and look forward to the year ahead. To set the scene, in 2021, we became one of crypto’s largest fully-verified exchanges and expanded...Read More
Chapter 5 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
BitMEX users will be able to get exposure to the anticipated Flare token from tomorrow. About the FLARE Token The Flare token (known formerly as the Spark token), has the ticker FLR. It is the native asset of the Flare network, a blockchain project that aims to bring smart contract functionality to crypto assets, issued...Read More
In the wake of the FTX meltdown, BitMEX is keen to educate and inform the Bitcoin and cryptocurrency community about Proof of Liability & Reserve (PoRL) systems. As part of this, BitMEX will be awarding 50 BMEX tokens to the first 50 depositors who conduct the BitMEX Proof of Liability (PoL) process, thus proving that...Read More
Chapter 4 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) The question at hand is whether the current price for Bitcoin is at the “bottom”. Bitcoin is the purest...Read More
On 14 December 2022 at 04:00 UTC, we will be listing new quarterly futures on BitMEX. The new contracts will be visible on the platform from 13 December at 04:00 UTC as Unlisted, 24 hours before the start of trading. Please see the table below for the listing and settlement dates of current and upcoming...Read More
On 14 December 2022 at 12:00 UTC, we will delist 8 FX perpetual swap contracts, namely: EURUSD EURUSDT USDTBRL USDTINR USDTMXN USDTSEK USDTTRY USDTZAR The contracts will be settled early at 12:00 UTC on 14 December 2022 ( “Tsettle”) according to the standard practice described in our Exchange Guide. The decision to delist these contracts...Read More
On 30 December 2022 at 12:00:05 UTC, we will update our index weights. From today, the hypothetical values of indices with their new weights will be published as the “NEXT” index family (e.g. .BXBT_NEXT). As of 30 December 2022 at 12:00:05 UTC, assuming no constituent exchanges have been excluded – and due to Index Protection...Read More
(Any views expressed in the below should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) A new breed of crypto derivative – the ETH staking yield swap (ETHYLD) – has arrived at BitMEX. It’s an addition that means, from today at 04:00...Read More
We recently increased the number of crypto conversion options available on BitMEX – giving users the ability to convert USD Coin (ERC-20) into all of the coins and tokens we support – and vice versa. Fast forward to today, and we’ve added support for three additional cryptocurrencies – ADA, DOT and XTZ – with more...Read More
We’re proud to welcome Alertatron, who offer automated algorithmic trading solutions for digital asset markets, to the BitMEX Partner Programme. The addition of Alertatron means BitMEX users can safely access a wider range of sophisticated trading tools, thereby aligning with our ongoing focus to widen the range of benefits and services available within our ecosystem....Read More
We’ve just listed our new monthly Bitcoin futures contract on BitMEX – XBTF23, which started trading at 04:00 UTC on 6 December 2022.You can start trading XBTF23 here, or read on to learn more. Our Current Bitcoin Futures Contracts For the listing and settlement dates of our current futures contracts, please see the table below:...Read More
Chapter 3 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
BitMEX is delighted to announce that the Proof of Liability (PoL) system is now fully live and operational. All BitMEX depositors can now verify their individual liability is included in the total exchange liability balance. This self verification process can be conducted without a third party auditor. Client privacy is preserved, because account balances are...Read More
(Any views expressed in the below should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)In one week’s time, a new type of crypto derivative – the ETH staking yield swap (ETHYLD) – will arrive at BitMEX. It’s an addition that means traders...Read More
Since inception, BitMEX has always held 100% of our Bitcoin in secure multi-signature wallets – meaning withdrawals require manual human intervention – and are only processed once per day at 13:00 UTC to maximise our security. Our wallet system is safe and secure, but it creates an undesirably slow user experience – even for low-risk,...Read More
Chapter 2 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Reflections Last week I described how Sam Bankman-Fried was the right kind of white boy, and how he leaned...Read More
Snapshot As At 22 Nov 2022 Reserves Liabilities Snapshot time 22 Nov 2022 22 Nov 2022 Snapshot block height 764,297 n/a Balance 70,378.0 Bitcoin 70,357.6 Bitcoin Files The automatically generated Proof of Reserve and Proof of Liability data files can be found using the link below: View all the files here Related The post...Read More
Chapter 1 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
We’ve Seen a Marked Increase in the Number of Both New and Returning Users Trading on BitMEX Today, we’re writing to all new users – as well as those who’ve been with and trusted us for longer – to reaffirm the foundations of our operations. It would be remiss not to say the past days...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I suggested in my last piece that you had to at least give kudos to Sam Bankman-Fried (SBF) for...Read More
Files From this point onwards, the Proof of Reserve and Proof of Liability data files will automatically be made available to the public. This will occur twice a week, every Tuesday & Thursday. View all the files here Snapshot As At 15 Nov 2022 Reserves Liabilities Snapshot time 15 Nov 2022 15 Nov 2022...Read More
Abstract: On 10 November 2022, the Bitcoin SV (BSV) Association released a new hardfork client, BSV 1.0.13. This new client contains a potential hardfork protocol change. It is difficult to gain absolute clarity over what the upgrade enables or how it works. However, it appears as if the upgrade may allow anyone cooperating with miners...Read More
On 13 November 2022 at 20:00 UTC, we will delist our perpetual swap contracts linked to FTT: FTTUSD and FTTUSDT. The contracts will be settled early at 20:00 UTC on 13 November 2022 ( “Tsettle”), according to the standard practice described in our Exchange Guide. The decision to delist these contracts has been made due...Read More
With an increased focus on CRO, BitMEX users will be able to trade CRO via our CROUSDT and CROUSDT listings – with up to 50x leverage from 12:00PM UTC today. If you haven’t yet signed up for a BitMEX account, you can do so here. CROUSD Quanto Contract Specs As with all quanto contracts, the...Read More
Boom 💥. BMEX – the token that fuels the BitMEX ecosystem – is now listed and trading on BitMEX. The launch of BMEX unlocks new trading opportunities for our users – including the ability to trade the BMEX/USDT pair on our spot exchange. What’s more, two new perpetual swaps – BMEXUSD and BMEXUSDT – will...Read More
