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Prominent YouTuber Ben Armstrong (BitBoy) and Miami Heat basketball player Jimmy Butler have agreed to settle charges they allegedly hyped unregistered securities after accepting payments from Binance to illegally promote the assets. Butler and Armstrong received commissions for promoting Binance and attracting new customers, the indictment said. Cryptocurrencies such as BNB and BUSD were securities, the indictment said. The two agreed to pay $340,000 as part of the settlement, which was still s...
BitMEX on Thursday launched the MEMEXTUSDT Basket Index Perpetual Swap contract to track the top 10 Meme coins in the crypto market. The index is composed of the weighted average prices of the top 10 Meme coins by market cap, with the index components rebalancing monthly to ensure it continues to track the top-performing Meme coins. It is a USDT margin linear perpetual swap contract that offers up to 25x leverage.
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