Tag: BitMex

BitMEX Trading Engine Issue Triggers Concerns Over XBT/USD Liquidations

When it comes to dealing with the BitMEX platform, a lot of users are rather dismayed. Yesterday’s sudden outage triggered a brief visual XBT/USD price drop to $0, prior to the trading engine going offline.  Centralized trading platforms often struggle to keep their service accessible at all times. Another bad day at the Office for BitMEX Whether it is a direct exchange or derivatives platform, things can go haywire when …
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The UK’s FCA Shows a Keen Interest in Bitmex

Bitmex is one of the more interesting platforms related to cryptocurrencies. However, due to some very odd developments in recent years, the FCA is now officially investigating the platform. Any company providing access to crypto-related financial services needs to be scrutinized. Bitmex may Face Regulatory Scrutiny This is especially true when dealing with margin trading for volatile assets. In the case of Bitmex, the platform has seen some very unusual …
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Bitcoin Price Watch: Currency Falls to $8,500

At press time, bitcoin is trading for just over $8,500. This is a near $300 drop from yesterday’s price of $8,800, and the recovery many of us likely believed to be right around the corner is again sinking into hiding for the time being. The price did manage to rebound a bit following Monday’s start of the Coindesk Consensus Conference in New York. After falling roughly to $8,400 from the …
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BitMEX Is Slightly Concerned About the Alleged Tether Hack

Tether is quite an interesting company with a rather dubious reputation among cryptocurrency users. BitMEX, one of the more popular exchanges, sees no issues with this company or its tokens. It is good to hear such an outspoken opinion being expressed, even though it remains to be seen if BitMEX isn’t backing the wrong horse in this regard. The Tether debate Won’t end Soon Many people in the cryptocurrency world are not too …
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