Bitmex suffers a failure and promises users comprehensive studies

Bitmex in-house Trading Engine for almost an hour offline; after the stock exchange announced to be back online and to have client funds secured. In connection with the current claim in the United States, this led to more Controversy and more drama.

For about 45 minutes Bitmex was as one of the leading Bitcoin derivative exchanges yesterday, 19. May not be achievable.

Via his Twitter Account Bitmex has announced that the Trading Engine had been offline. The staff worked very hard to put the System back online.

The platform is currently ready for operation for the user due to failure but for the time being, not accessible. Now a full investigation to bring the reason for the technical error to light.

The first company announcing an Update that should create uncertainty about the risks to customer funds from the world followed. “All funds are safe,” said Bitmex clear. Also be due to the failure late Orders will not be redeemed.

In addition, the stock exchange added that during the downtime, no liquidations are on the platform..

After three quarters of an hour, the System was finally back online. The information Update came to the knowledge of the Trading Engine since active have been found but for about ten minutes, until at 13:40 (UTC) in reversal mode.

UPDATE: We bring to the BitMEX platform is now back online, until 13.40 PM (UTC) but first, in cancellation mode, so that no orders can be.

The ten-minute time window temporary Order barrier for users served to ensure that the platform worked as normal again.

In a Status Update after the re-commissioning of Bitmex reported the return of the operation, full utilization and the problem.

All other Tests are complete, our Service staff will solve the Support Tickets step-by-step. Two stacks of the payouts were to 14: 00 and 15: 00 (UTC) processed“ as it is on the BitMEX-status page was called.

The stock exchange said that the Team had conducted the investigations of the Problem completely, the results are to be made in the coming days, accessible to the Public. The short platform failure leads to the fact that Trades are not taken into account in the trading time between 12.00 and 13.40 PM (UTC) at the time of calculation of the financial rate.

Bitmex-failure a few days after the lawsuit in the United States

The alleged error of the “Bitmex trading machine,” came a few days after filing a new lawsuit in the United States and its officers against the stock market.

Was submitted to the action of BMA. The company complains against Bitmex-owners, HDR’s Global Trading. Also affected are the Bitmex co-founder Arthur Hayes, Ben Delo and Samuel Reed. The plaintiff company alleges that Bitmex, with headquarters on the Seychelles, to be without a license for money transfer in the US market has become.

In the lawsuit, amongst other things, to the accusation of money laundering, manipulation of the market as well as wire transfer fraud.