Liquidated Traders are Furious as XRP Crashes 56% on Bitmex

Entire accounts were wiped out as XRP/USD on the Bitmex exchange tanked. Bitmex is not compensating traders whose stops were not executed. The Crypto Twitter community chimes in on the shocking development. Bitmex is once again grabbing headlines for all the wrong reasons. One of its newest products, the XRP/USD Perpetual Quanto Swap Contract, lost …

BitMEX Taps Former Hong Kong Regulator as Chief Operating Officer

BitMEX, one of the largest cryptocurrency trading platforms, has named Angelina Kwan, formerly managing director and head of regulatory compliance for Hong Kong Exchanges and Clearing Limited (HKEX), as its chief operating officer. Kwan, who joins the company as it rides exceptional growth, will work with regulators worldwide to develop rules that will support cryptocurrency’s …