Friday, December 9, 2022
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Crypto Exchange BitMEX Publishes Proof of Reserves Ahead of Friday’s BMEX Listing; Bitcoin Rebounds After Dropping Below $16K

Crypto exchanges are now scrambling to publicly publish their fund reserves. On Wednesday alone, nine exchanges – Binance, Gate.io, KuCoin, Poloniex, Bitget, Huobi, OKX, Deribit and Bybit – separately issued statements that they would publish their Merkle tree reserve certificates to increase transparency. Source

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BREAKING: BitMex Trading Engine Experiences Downtime, Bitcoin Below $21,000

Summary: Crypto exchange BitMex alerted users to an unscheduled trading engine downtime on Wednesday.The platform said trading facilities were suspended due to technical issues and assured users that all funds and assets are safe.Today’s downtime comes amid a rally in crypto prices and massive short liquidation events across Bitcoin, Ether,

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BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns

Earlier in the day, ADP’s Employment report on job creation in the private sector arrived hotter than expected as businesses created 208,000 jobs in September, versus consensus estimates for 200,000, and 12% higher than August's 185,000 total. And OPEC rocked energy markets by reducing oil production by two million barrels.

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Institutional appetite continues to grow amid bear market — BitMEX CEO

In a recent interview, BitMEX chief executive Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and Ethereum.Speaking at the Token2049 conference in Singapore on Sept. 28, the crypto executive told Cryptox that there has not been a “single slowdown of

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