NakaDollar (NUSD) is a proposed new stablecoin backed by bitcoin (BTC) and bitcoin derivatives. It has been suggested by Arthur Hayes, co-founder of cryptocurrency derivative trading platform BitMEX. Moreover, Hayes said in a blog post that the creation of NUSD would be different. Especially from the creation of other stablecoins.
The cryptocurrency trading platform BitMEX announced on Tuesday that its native BMEX coin would begin trading on November 11. Members who hold and stake BMEX tokens on the BitMEX platform will get access to discounted trading fees, staking awards, fee-free withdrawals, and other premium features. With the debut of BMEX
The BitMEX native token, BMEX, will be listed before the end of next year. This past February, the business airdropped 1.5 million BMEX. After Alexander Hoeptner quit “with immediate effect,” BitMEX nominated chief financial officer Stephan Lutz as interim CEO. The corporation has said that Lutz will remain in his
The action by the exchange is an attempt to comply with EU restrictions. BitMEX isn’t the only one adhering to EU rules. Crypto Exchange BitMEX is restricting access to Russian users. Customers who are Russian nationals or residents operating from the EU will no longer be able to utilize BitMEX
Delo will spend his probation in Hong Kong before returning to his wife. Prosecutors allege that the three failed KYC processes for their U.S. client base. According to the Wall Street Journal, an anti-money laundering banking secrecy act violation by BitMEX exchange co-founder Benjamin Delo has resulted in a 30-month
In June, there will be a hearing for Hayes co-founders who admitted guilt with Hayes. Hayes, Delo, and Reed have each been fined $10 million. After being convicted of breaking the US Bank Secrecy Act, Arthur Hayes has been sentenced to two years of probation and six months of home
Despite months in a tight consolidation, the BTC price just broke above a critical level of support. As Europe’s geopolitical tensions rise, organizations and people are undoubtedly looking to invest their assets in an inflation-proof, stateless asset. According to some, Bitcoin is still in its ‘early innings,’ which means that
BitMEX turns a German Bank into a crypto powerhouse in Europe. The crypto exchange agreed to purchase Bankhaus von der Heydt of Germany. BitMEX plans to launch a crypto one-stop-shop in Germany, Austria and Switzerland. BitMEX is a cryptocurrency exchange and a P2P crypto-products trading platform. It stands unique in
BitMEX works with AC Milan and will be the Official Sleeve Partner of the football club and the Official Cryptocurrency Trading Partner. Thus, the logo of the derivatives exchange shall be shown on the sleeve of the men’s and women’s play kit after the collaboration. BitMEX and AC Milan, according
Crypto Exchange Bitmex sending Bitcoin to Moon Astrobotic Technology Inc supports Bitmex. Elon Musk is in the plan of sending DOGE to the moon. Bitmex, a cryptocurrency exchange, plans to send Bitcoin (BTC) to the moon, announced on Friday. Hence more, many of them say that bitcoin’s price has gone
