Traders start losing control of open positions as BitMEX begins its staged shutdown
As the BitMEX closure approaches, the derivatives exchange will enter reduce-only mode at 04:00 UTC on Aug. 26.…
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BitMEX
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BitMEX Sets Close-Only Risk Limits Ahead Of September Wind-Down
[[{„value”:” BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down.…
BitMEX sale collapsed as buyers balked at founder ownership and shrinking business
Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to…
BitMEX wipes out 35 derivatives as exchange shutdown approaches with punishing post-closure fees
BitMEX settled 35 derivatives today, July 30, closing any remaining positions and canceling open orders as the exchange…
Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture?
Crypto’s 2026 bear market has become an industry-wide shakeout. Projects are closing, companies are winding down, and owners…
BitMEX, BitMart, and More: Are Exchange Shutdowns a Sign the Bear Market Is Ending?
The cryptocurrency market has been stuck in a prolonged bear market for several months, while in the last…
Lawsuit claims BitMEX used server freezes and internal trading to seize 622 Bitcoin ahead of its September closure
BitMEX customers are seeking the return of 622.66 Bitcoin in a proposed class action that accuses the exchange…
BitMart and BitMEX Closures Signal a Shakeout Across Crypto Exchanges
[[{„value”:” BitMart’s closure makes it the second major exchange to wind down last week, following BitMEX’s shutdown. Continue…
Another Major Crypto Exchange Is Shutting Down After BitMEX
Unlike the previous major bear market in which numerous cryptocurrency exchanges reduced their staff number, the current cycle…
Bitcoin Rejected at $67K, Strategy Stays on Hold, BitMEX Shuts Down: Weekly Crypto Recap
The previous business week ended with a leg down that drove the primary cryptocurrency to $62,500. However, it…