We are launching a BCHUSD quanto perpetual swap contract with up to 25x leverage on 16 June 2020 at 04:00 UTC. This is the fourth quanto contract to be launched on our platform and follows the successful introduction of the ETHUSD quanto futures contract on 05 May 2020 and the XRPUSD swap contract on 05...Read More
(Source: Space Ibiza Nightclub) In the beginning there was Jack.And Jack had a groove.And from this groove came the groove of all grooves.And while one day, viciously throwing down on his box, Jack boldly declared “Let there be house!” And house music was born. I dream of thumping house music, neon lights, and mental disorientation...Read More
From 17:00 to 19:30 UTC on 21 April 2020, BitMEX deployed the next-generation version of its Feeds architecture. This system is internally known as the “Publisher”. It is responsible for receiving the firehose of raw data from the trading engine, parsing it from our internal IPC format to JSON, splitting it into subscriptions, and publishing...Read More
Today, we are happy to announce a new feature rolling out for BitMEX users: Addresses! As part of an ongoing effort to improve tools and options, we are introducing a feature that enables users to input and save wallet addresses for quick retrieval during withdrawals. Simply head to bitmex.com/app/addresses to enter and save a wallet...Read More
HDR Global Trading Limited (‘HDR’) is delighted to announce that we have decided to provide a further, increased Bitcoin development grant to Bitcoin Core maintainer Michael Ford (AKA fanquake). In July 2019 we provided Michael with a US$60,000 grant, payable over 12 months. We have now ended the old grant early and provided him with...Read More
We’ve had a number of questions from our traders over the past week about the role and performance of the Insurance Fund on 12 and 13 March. In this update, we explain more about how the Fund works, and what it’s used for. We also address questions including how we calculate an appropriate size for...Read More
Last Friday, 13 March, the BitMEX platform was subject to two distributed denial-of-service (DDoS) attacks at 02:16 UTC and 12:56 UTC. These attacks delayed or prevented requests going to and from the BitMEX platform, causing direct disruption to our users. Following these incidents, we have been working around the clock to gather the facts and...Read More
Bananas in Pyjamas (Source: Australian Broadcasting Corp) Tuesday, March 3rd I’m in my jammies at an urban ryokan in Tokyo about to PTFO. Before I descend into dreamscape, I must call my banker and attempt to place an investment grade index CDS (credit default swap) trade. Unlike crypto, I can only trade this index during...Read More
The above image has nothing to do with options. But it’s deep into ski season, and I’m loving the powder. I already spent a few thousand words talking about the crypto derivatives market structure. Now, let’s talk about 2020. Crypto Derivatives 2020 Roadmap While speculators’ needs are well met via the crypto delta one products...Read More
These are the three questions any self-respecting crypto punter asks themselves: When moon? When Lambo? When liquid options? If I knew the answers to questions 1 and 2, HDR Long Term Capital Management would not be a figment of my imagination, but a fee-guzzling hedge fund posting returns that rival Renaissance Technologies. By the way,...Read More
Between 04:52:11 UTC and 04:53:47 UTC on 20 December 2019, the trading engine stopped all operations as a result of an infrastructure related issue. No data was lost during this time, and upon resolution 95 seconds later the trading engine continued normal operations. As there was no activity in the trading engine during this time,...Read More
BitMEX is delighted to announce that customers can now withdraw bitcoin to the Bech32 (native SegWit) address format. This upgrade is effective immediately. Bech32 Technical Details Bitcoin currently has three address formats: Address Format Example Address Pay to Public Key Hash (P2PKH) Bitcoin’s original address format Addresses starting with the number 1 19CPBGKkxj4iPyfLu6E3Wboydopqs6U2GE Pay to...Read More
On 27 December 2019 12:00:05 UTC, BitMEX will update its index weights. From today, the hypothetical values of the indices with the new weights will be published as the “NEXT” index family (Eg .BXBT_NEXT). As of 27 December 2019 at 12:00:05 UTC, assuming no constituent exchanges have been excluded due to Index Protection Rules, BitMEX...Read More
