·Confidence 90%
BitMEX Begins Staged Shutdown, Traders Face Position Risks
BitMEX halts new positions starting August 26, giving the exchange authority to close existing trades by September 23, impacting traders' control.
#BitMEX
4 articles tagged with #BitMEX
·Confidence 75%
BitMEX and BitMart face challenges amid trading volume decline
Major centralized crypto platforms BitMEX and BitMart are struggling as trading volumes drop to $1.05 trillion, the lowest in over two years.
·Confidence 85%
BitMEX Hit with Class-Action Suit Amid Shutdown Allegations
BitMEX faces a proposed class-action lawsuit alleging theft and insider trading, claiming the exchange mismanaged customer collateral and accessed private data.
·Confidence 85%
BitMEX to Cease Operations by September 2026
BitMEX, known for pioneering 100x leverage perpetual swaps, will shut down by September 23, 2026, marking the end of its 11-year presence in crypto.