Former BitMEX CEO Arthur Hayes bought another $6.39 million in ether (ETH), pushing his total purchases to 7,213 ETH even though the position sits roughly $301,000 underwater. The Maelstrom chief investment officer’s buying streak follows a $606,000 loss he booked on ETH just weeks earlier. A $6.39 Million Buy Extends a Two-Week Streak Lookonchain flagged […]
Bitcoin.com News•Shiraz Jagati28 Jul
Three centralized exchange platforms exiting within weeks have shifted attention away from individual failures as crypto consolidates.
CoinDesk•Olivier Acuna28 JulThe closures of BitMEX and BitMart are just part of a broader industry consolidation.
AMBCrypto•Akashnath S28 Jul
"The next cycle will be dominated by licensed exchanges and institutional capital," one analyst predicted.
The new complaint alleges an internal desk exploited customer data, while BitMEX says the case has no basis.
CryptoSlate•Liam 'Akiba' Wright27 Jul
BitMart’s closure, citing the market environment and “future strategic direction,” comes days after crypto perps exchange BitMEX shut down.
The BitMart and BitMEX shutdowns have drawn bullish reactions, with analysts calling the closures a healthy reset. BitMart began winding down on Sunday, three days after BitMEX confirmed its own exit. AscendEX closed on July 1, bringing the total number of exchange closures this month to 3. How Analysts Read the BitMart and BitMEX Shutdowns
BeInCrypto•Kamina Bashir27 Jul
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players.
Cointelegraph•Cointelegraph by Andrew Fenton27 Jul
The native token plummeted by roughly 60% after the announcement.
BitMEX will cease all operations on September 23, 2026, ending an 11-year run. Users must withdraw assets promptly as the crypto derivatives
CryptoBriefing•Editorial Team26 Jul
Dango will close its network on Aug. 13, joining BitMEX, Odos and Satori Finance in a wave of recent crypto shutdowns.
Cointelegraph•Cointelegraph by Yohan Yun25 Jul
BitMEX Faces Proposed Class Action Seeking Return Of 622 BTC - Read the full analysis.
NewsBTC•NewsBTC Editorial Team25 Jul
Why BitMEX shut down, from lost market share to a failed sale and a disputed $270M fund, plus who could be next.
BeInCrypto•Lockridge Okoth24 Jul
BitMEX is accused of allowing internal traders access to customer data while users were locked out during server issues.
The BitMEX insurance fund was marketed as protection but a new lawsuit alleges it grew on collateral stripped from customers.
Protos•Aaron Wise24 Jul
The lawsuit was filed the day BitMEX announced its shutdown. Lawsuit alleges excess Bitcoin collateral was retained. Plaintiffs claim losses totalling 622.66 BTC. BitMEX is facing fresh legal trouble after a class-action lawsuit accused the cryptocurrency derivatives exchange of deliberately engineering customer liquidations to take possession of traders’ Bitcoin collateral. The lawsuit was filed on […]
CoinJournal•Charles Thuo24 Jul
The complaint, which includes former BitMEX CEO Arthur Hayes and former CTO Samuel Reed as defendants, alleges that the exchange operated a fraudulent scheme from an insider desk managed by Head of Business Development Gregory Dwyer to trade against its users. BitMEX Accused of Trading Against Its Users in New Complaint BitMEX, the cryptocurrency exchange […]
Bitcoin.com News•Sergio Goschenko24 Jul
BitMEX faces a class-action lawsuit alleging $40.7 million in unfair liquidations, filed hours after the exchange announced its September 2026
CryptoBriefing•Editorial Team24 Jul
A proposed class action landed in New York federal court the same day BitMEX announced it will close on Sept. 23, reviving allegations the exchange pocketed customer collateral.good job I as
The Defiant•The Defiant Team24 Jul