BitMEX ‘Congratulates’ Binance on Plagiarizing Its Futures Platform Doc

BitMEX ‘Congratulates’ Binance on Plagiarizing Its Futures Platform Doc

The team at Seychelles-based crypto exchange BitMEX have accused fellow exchange Binance of plagiarizing BitMEX documents as part of its recent futures testnet launch. The team at Seychelles-registered crypto exchange BitMEX have accused fellow exchange Binance of plagiarizing BitMEX documents as part of its recent futures testnet launch.On Sept. 4, the platform published a sarcastic tweet, stating:“Congrats on the Testnet Futures launches @binance. Glad to see you enjoyed reading our documentation as much as we…

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Bitmex Outflows Hit Record in July Exceeding $500M Amid CFTC Probe

Bitmex Outflows Hit Record in July Exceeding $500M Amid CFTC Probe

Outflows on BitMEX, the second top crypto exchange by reported trading volume to date, exceed $500 million in July. BitMEX, the second top crypto exchange by reported trading volume to date, experienced record outflows during the month of July. According to the blockchain data provider TokenAnalyst, the total outflow on the exchange amounted to around $530 million.Historic inflows and outflows on BitMEX. Source: TokenAnalystBitMEX’s monthly outflow never exceeded $100M beforeFellow industry analytics firm Ceteris…

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Breaking: US Regulator Investigating Crypto Exchange BitMEX — Report

Breaking: US Regulator Investigating Crypto Exchange BitMEX — Report

Suspicions are reportedly focusing on U.S. users circumventing a ban on trading. United States regulator the Commodity Futures Trading Commission (CFTC) is reportedly investigating derivatives giant BitMEX.CFTC wants to know if Americans using BitMEXAccording to Bloomberg sources citing people familiar with the matter speaking on July 19, the CFTC suspects that BitMEX allowed U.S. residents to use its platform to trade.Under current law, the U.S. is one of the countries excluded from using BitMEX,…

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