BitMEX token crashes 90% as exchange announces shutdown

BitMart’s BMX token falls over 55% in 24 hours as exchange announces full shutdown

The shutdown of BitMart highlights vulnerabilities in centralized exchanges, raising concerns about token stability and user asset security.

CryptoBriefing•Editorial Team

Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%

CoinDesk•Shaurya Malwa

BMX Token Crashes 46% as BitMart Announces Exchange Wind Down

Cryptocurrency exchange BitMart will shut down its trading platform, beginning an orderly wind-down on Sunday. The announcement sent BitMart Token (BMX) tumbling, with the exchange token posting double-digit losses over the past 24 hours. The platform urged users to close positions and withdraw assets without delay. BitMart Sets a 6-Month Runway Before Full Closure BitMart

BeInCrypto•Kamina Bashir

BitMEX’s $BMEX token plunges 98% as exchange announces permanent shutdown

BitMEX will permanently shut down on September 23, 2026, sending its $BMEX token down 98%. Here's what traders need to know about the closure.

CryptoBriefing•Editorial Team

BitMEX token crashes 90% as exchange announces shutdown

BitMEX’s BMEX token plunged about 90% after the exchange announced plans to shut down, ending nearly 12 years in business as its Bitcoin futures market share shrank.

Cointelegraph•Cointelegraph by Helen Partz