Bitcoin Trader Commits Suicide after Losing 2,000 BTC on 100x Leverage Bet

By CCN Markets: A Chinese Bitcoin trader has allegedly committed suicide after he lost investor’s money in a highly leveraged trade position. According to 8btc, Hui Yi lost 2,000 Bitcoins after he entered a short position which was liquidated after it went in the opposite direction. The trader, who was the co-founder and CEO of […]

BitMEX Observes Increase in Attacks on Accounts, Stresses Security Measures

Hong Kong-based peer-to-peer (P2P) cryptocurrency exchange BitMEX has reported an influx of attacks on user account credentials, according to an official blog post on June 11. In addition to covering a litany of best practices for user security, the cryptocurrency exchange stressed the importance of using two-factor authentication (2FA) in particular. The report summarizes 2FA […]

BitMEX, CryptoCompare and Refinitiv to Jointly Build Real-Time Crypto Futures Dataset

Crypto derivatives platform BitMEX and provider of crypto data CryptoCompare will jointly build a real-time crypto futures dataset, according to a press release shared with Cointelegraph on June 10. The BitMEX cryptocurrency futures dataset is designed for institutional investors, and will be delivered to financial markets data provider Refinitiv through the CryptoCompare contributions conduit. The […]

BitMEX Ventures Invests in Crypto Exchange Licensed by Philippines Central Bank

BitMEX Ventures has invested in a crypto exchange licensed by the central bank of the Philippines, the company announced in a news release shared with Cointelegraph on June 3. The release notes that the financial backing will help the Philippine Digital Asset Exchange (PDAX) develop a marketplace for digital assets beyond cryptocurrencies — including tokenized commodities, real estate equities […]

Crypto Giant Coinbase Hints at First-Ever U.S. Bitcoin Margin Trading

 By CCN: For years, the global bitcoin margin trading market has been dominated by BitMEX, which at one point reached a daily volume of $10 billion on May 12, a new record high for the company. Now, Coinbase and Binance are looking to enter the market. New record for BitMEX trading volume. Praise be to […]

BitMEX Operator Firm Donates to MIT to Conduct Crypto, Bitcoin-Related Research

The owner and operator of cryptocurrency exchange BitMEX has donated to the Massachusetts Institute of Technology (MIT) to conduct cryptocurrency-related research, according to an announcement published on May 28. HDR Global Trading Limited has made a donation to the MIT Digital Currency Initiative (DCI), the objective of which is to conduct the research necessary to […]

BitMEX Co-Founder Pledges to Donate Personal Fortune to Combat Global Challenges

The co-founder of crypto derivatives exchange BitMEX, Ben Delo, has joined over 200 other billionaires by pledging to donate the majority of his wealth to charitable causes. The Giving Pledge, founded by Bill and Malinda Gates along with Warren Buffet, is an initiative for the super-rich to commit more than half their wealth to charitable […]

Another Crypto Billionaire Signs Gates, Buffet-Founded ‘Giving Pledge’

Ben Delo, billionaire co-founder of crypto derivatives exchange BitMEX, has pledged to donate the majority of his wealth to global challenges. As the vehicle for his philanthropy, Delo, who is just 35, has joined “The Giving Pledge,” a charitable initiative for the super-rich founded by Bill and Melinda Gates and Warren Buffet. The focus of […]