BitMEX spent two years seeking buyer before shutdown: Report
BitMEX reportedly spent two years seeking a buyer before deciding to close the crypto derivatives exchange, as founder control, declining activity and legal baggage deterred...
Tag : BitMEX
Crypto Exchange Shakeout Deepens as BitMEX, BitMart, and AscendEX Exit the Market
BitMEX’s closure is no longer an isolated event. Within days, BitMart announced its own wind-down, while AscendEX had already confirmed it would cease operations earlier...
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
CLARITY may get a vote, but don’t get your hopes up yet Despite wealthy memecoin entrepreneur Donald Trump agreeing to an ethics deal, the Clarity...
BitMEX hit with 623 BTC lawsuit on day it announces shutdown
BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral. On Thursday, BKX...
BitMEX delists 65 trading pairs, derivatives in July amid exchange shutdown
BitMEX will have removed 65 derivative contracts and trading pairs in July, compared with just 19 across the first six months of the year. Crypto...
As BitMEX exits, analysts warn crypto consolidation is accelerating
The closure of crypto derivatives exchange BitMEX is prompting fresh questions about whether the industry is entering a new phase of consolidation, as analysts point...
BitMEX token crashes 90% as exchange announces shutdown
[Update, 15:18 UTC, July 23 – Adds comment from cofounder beginning in sixth paragraph.] BitMEX’s utility token lost almost all of its value after the...
BitMEX to Close on September 23, Halts New Sign-Ups
In brief Crypto derivatives exchange BitMEX said Thursday it will shut down on September 23, 2026, and has already stopped new account registrations. The company...
BitMEX Proposes ‘Canary Fund’ Alternative in Bitcoin Quantum-Security Debate
BitMEX Research has proposed a ‘quantum canary fund’ mechanism for Bitcoin that would trigger a coin freeze only if a quantum computing threat is demonstrably...