Abstract: We take a second look at the fee differences between actual Bitcoin blocks produced by miners and the fees one may expect, based on a local Bitcoin Core node. We explore the concept of out of band fees as a potential explanation for these differences. We have detected evidence that the recent apparent increase...Read More
May was a month of many meme coin listings to meet market demand, as well as platform improvements and partnership announcements, intended to really support you(sers) and boost the BitMEX ecosystem. We also shared more on our plans to send Bitcoin to the moon, yes the moon. For all that happened, or is about to happen...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 weekend before I travelled to Miami for this year’s edition of the annual celebration of our Lord Satoshi...Read More
After almost three years as a BitMEX open source development grantee, Calvin Kim is leaving the program. Calvin’s grant expired on 31 May 2023. Calvin has received a US$100,000 grant from the Human Rights Foundation (HRF), which was announced on 9 May 2023. Therefore the funding of Calvin’s research and development work on Bitcoin and...Read More
ORDI will arrive at BitMEX via a new listing – ORDIUSD, with up to 50x leverage, making this new contract one of the highest max position sizes in the industry. What is ORDI? Ordinals (ORDI) is a cryptocurrency that operates with inscriptions written on the Bitcoin blockchain. Thanks to the ORDI protocol, information such as...Read More
Abstract: When making low value payments on the lightning network, especially in “high” onchain fee environments, the security benefits of the lightning’s HTLC system may be somewhat limited. This problem may only be applicable in a limited number of scenarios, namely while the payment is in-flight and mainly for payment routers. Quantifying the magnitude of...Read More
The leading open-source cryptocurrency trading library, CCXT, has joined the BitMEX Partner Programme, bringing faster and more reliable trade execution, real-time access to market data, and an even more streamlined trading experience for our users. Simultaneously and symbiotically, we are pleased to join CCXT’s Certification Program, which will improve the reliability of our connection via...Read More
Tomorrow, BOB will arrive at BitMEX via a new listing – BOBUSD, with up to 50x leverage, making this new perpetual contract one of the highest max position sizes in the industry. What is BOB? The BOB Token is an AI meme token behind the “Bob Is Here To Explain” Twitter account, an AI bot...Read More
We are pleased to announce we’ve made a US$50,000 donation to Brink, a non-profit organisation that exists to strengthen the Bitcoin protocol and network through fundamental research and development. Brink is an organisation with a purpose, that aligns well with that our of BitMEX. In the past four years BitMEX has awarded close to US$2...Read More
Crypto data and research platform Block Scholes has now joined the BitMEX Partner Programme, an addition that will grant BitMEX users a 50% discount on Block Scholes software, presenting them with affordable access to an array of sophisticated, interactive, and customizable analytical tools. By leveraging this integration, BitMEX users can also gain access to new...Read More
Detailed in this update, you’ll also find a breakdown of the upcoming operations and changes surrounding BitMEX Hong Kong, and what these will mean for our users. You’ll also find a FAQ at the bottom, created to answer any other questions that might arise. For context, the introduction of BitMEX Hong Kong was prompted by...Read More
RNDR has arrived at BitMEX via a new listing – RNDRUSD, with up to 50x leverage, giving this new contract one of the highest max position sizes in the industry. What is RNDR? RNDR is the utility token of The Render Network – a provider of decentralized GPU based rendering solutions. It is an ERC-20...Read More
We’ve partnered with Astrobotic Technology Inc. and Bitcoin Magazine to send the first physical Bitcoin to the Moon. Set to launch at the Kennedy Space Center in the coming weeks, the mission will mark a significant milestone for space exploration and a defining moment for crypto as we explore the possibilities of Bitcoin beyond planet...Read More
Abstract In this piece we examine the history of the Bitcoin forum, which Satoshi launched in November 2009 and is still around today. In particular we focus on various hacks which impacted the forum in the 2011 to 2015 period. We also focus on the forum’s finances, including donations it received of over 6,000 BTC...Read More
In just a few hours, AiDOGE will arrive at BitMEX via two new listings – AIDOGEUSD and AIDOGEUSDT, with up to 50x leverage, making these perpetual swap contracts one of the highest max position sizes in the industry. ArbDoge is an AI-powered meme coin that describes itself as an ‘experiment’ in the Arbitrum ecosystem. The...Read More
In just a few hours, FLOKI, the self-nominated people’s cryptocurrency and the utility token of the Floki ecosystem, will arrive at BitMEX via two new listings – FLOKIUSD and FLOKIUSDT. The listings will also arrive with up to 50x leverage, making available one of the highest max position sizes in the industry. FLOKI is a...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 economics of nightclubs and national banking systems have a lot in common. Patronising a nightclub is a lot...Read More
The SUI token is the Sui platform’s native asset. Sui is a smart contract platform maintained by a permissionless set of validators which offers scalability and unprecedented low-latency for common use cases, ranging from gaming to retail payment at physical points of sale. Starting today, 3 May 2023, BitMEX traders will be able to long...Read More
PEPE Coin, as the name suggests, is inspired by the popular meme character, Pepe the Frog. It is a deflationary memecoin launched on the Ethereum blockchain. The coin has gained some popularity among meme enthusiasts and has a strong community following. Starting tomorrow, 3 May 2023 at 04:00 UTC, BitMEX traders will be able to long...Read More
On Tuesday, 9 May 2023 at 12:00 UTC, we will delist 4 perpetual swap contracts. Please see the list below. The contracts will be settled early at 12:00 UTC on 9 May 2023 ( “Tsettle”), according to the standard practice described in our Exchange Guide. Contract to be delisted Settlement Price APTUSDT .BAPTT30M CROUSDT .BCROT30M...Read More
XBTK23 Futures Listing On 26 April 2023 at 04:00 UTC, a new XBT futures contract (Bitcoin underlying and margin) will be listed on BitMEX. The listing will expire on 26 May 2023. The new contract will be visible on the platform from 25 April at 04:00 UTC as ‘Unlisted’, 24 hours before the start of...Read More
Repeat after me … “I Will not be exit liquidity!” Being someone’s exit liquidity means you’re one of those schmucks who is buying or holding when the smart or connected folks are selling. In the context of this essay, exit liquidity refers to the unfortunate plebes who have been – and continue to be –...Read More
This week we have joined Travel Rule Universal Solution Technology (TRUST), an industry-driven Travel Rule compliance solution for global virtual asset service providers (VASPs). In addition to the existing implementation of VerifyVASP and Notabene’s Sunrise Plan, TRUST is BitMEX’s latest initiative to further expand its Travel Rule capabilities, with the aim to enable compliance globally...Read More
Earlier this week, we enabled our new profit and loss (PnL) realisation feature – allowing cross-margining users to automatically realise their PnL for open positions, with the same margin currency, every 10 minutes. You can read about it here. Based on feedback from you, our traders, we have made additional improvements to the Open Position...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.) As y’all know, I don’t fuck for free. While I love disseminating knowledge about macro and crypto for free...Read More
Chapter 21 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...Read More
Wednesday 5 April, will mark a milestone for BitMEX, when BMEX Tokens begin trading on Gate.io – the first exchange outside of BitMEX, to list our token. From 05:00 UTC, Gate.io traders will be able to buy and sell BMEX – via a BMEX/USDT spot pair – on their Spot Exchange. BitMEX users will continue...Read More
Chapter 20 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...Read More
Next Tuesday, 4 April 2023 (10:00 UTC/ 6PM SGT), we invite you to join one of our Co-Founders Arthur Hayes and the CEO of Voltz Labs, Simon Jones for a discussion covering Bitcoin and cryptocurrency interest rate derivatives. You’ll find the link to the Twitter Space here. Related The post appeared first on Blog BitMexRead More
On 11 April at 04:00 UTC, we will enable our new profit and loss (PnL) realisation feature – allowing our cross-margining users to automatically realise their PnL for open positions, with the same margin currency, every 10 minutes. Put simply, this means cross-margining users will be able to free up capital from their winning positions,...Read More
