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
Chapter 19 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
On Thursday 23 March 2023, our trading engine was suspended from 12:55 UTC to 13:20 UTC, with orders executed in cancel only mode during this time. This suspension was triggered by our audit process detecting a possible inconsistency in the exchange state and halting the exchange as a precautionary measure. At BitMEX our positions and...Read More
In addition to our already live futures contract (ARBUSDTM23), BitMEX users will soon be able to trade ARB with up to 50x leverage via two new listings – ARBUSD and ARBUSDT. If you haven’t yet signed up for a BitMEX account, you can do so here. ARBUSD Quanto Contract Specs As with all quanto contracts,...Read More
This blog presents an overview of our report, entitled ‘Crypto Outlook – Fundamentals vs. Sentiment: Three Scenarios to Watch in 2023’. You’ll find the full report here. In 2022, we noted that change comes quickly in the crypto industry, with this dynamism forcing a constant reassessment of assumptions. Last year proved this, and 2023 –...Read More
Arbitrum, the biggest player in Ethereum’s layer-two scaling landscape, is about to airdrop its new Arbitrum token (ARB). From today at 03:00 UTC, users will be able to gain exposure to the highly anticipated Arbitrum token – via our new USDT-margined ARB linear futures listing.It’s an addition that means users can now long or short...Read More
Chapter 18 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
(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.) Winter is over in North Asia. The warm weather, sunshine, and early blooming of the sakura announced the presence...Read More
On Monday 13 March 2023, our trading engine was suspended from 13:58 UTC to 14:18 UTC. This suspension was triggered by a shortfall in on-chain funds of 50,000 USDT, on the Tron network, due to a duplicated customer withdrawal at 13:57 UTC. As communicated during the downtime via our Status page and social media channels,...Read More
A quick note that we now support Dogecoin (DOGE), Bitcoin Cash (BCH), and Litecoin (LTC), thereby taking the number of cryptocurrencies users can convert, deposit, and withdraw on BitMEX to over 30. For the 101 on these new listings, and what this means for our users, read on. More coins and tokens – such as...Read More
Chapter 17 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
From 12 March at 04:00 UTC, traders will be able to long or short USDC via our USDTUSDC perpetual swap. This new perpetual listing will give you the opportunity to trade and speculate on the price of USD Coin. Will or won’t the peg hold… The best thing about trading these USDC listings on BitMEX?...Read More
On 14 March 2023 at 04:00 UTC, we will be listing new quarterly futures on BitMEX. The new contracts will be visible on the platform from 13 March 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 31 March 2023 at 12:00:05 UTC, we will update our index weights. And 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 31 March 2023 at 12:00:05 UTC, assuming no constituent exchanges have been excluded – and due to Index...Read More
