BitMEX May Rent World Priciest Office

Now BitMEX occupies the 45th floor of Hong Kong Cheung Kong Center
22 August 2018   1384

The Bitmex exchange office moved to the 45th floor of the Hong Kong Cheung Kong Center. The business center is famous for some of the highest rental prices in the world, reports Bloomberg referring to local media.

The skyscraper also houses such financial institutions as Goldman Sachs Group Inc., Barclays Plc, Bank of America Corp., Bloomberg LP and the empire of billionaire Lee Kashin.

Cheung Kong Center
Cheung Kong Center

According to Hong Kong Economic Times, initially BitMEX planned to occupy only half of the floor, but due to plans for expansion, rented the entire 45th floor of the building with a total area of ​​20 thousand square feet (1860 square meters).

It is noteworthy that if earlier BitMEX occupied a poorly finished office on the other side of Victoria Bay at a price of HK $ 25 per square foot ($ 3.18), then in the new office the cost per square foot was significantly higher - up to HK $ 225.

As reported, the Central district has the world’s highest office occupancy costs, according to CBRE Group Inc. It was the third year in a row that Hong Kong had topped the survey. London’s West End was in the No. 2 spot.

The BitMEX exchange was jointly organized by the former Citigroup trader Arthur Hayes. In 2014, he discovered the possibility of making "easy money" on the difference in bitcoin prices in China and Hong Kong. Today BitMEX is one of the most popular platforms for margin crypto trading, and its daily trading volumes exceed $ 3 billion.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1052

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.