BitMEX settled 35 derivatives today, July 30, closing any remaining positions and canceling open orders as the exchange moved another step toward its September shutdown. BitMEX’s settlement log shows 33 contracts closing almost on the […]
Crypto’s 2026 bear market has become an industry-wide shakeout. Projects are closing, companies are winding down, and owners are retiring products across exchanges, DeFi, NFTs and infrastructure. The damage has the feel of capitulation. Bitcoin’s […]
Key Takeaways Arthur Hayes bought 3,298 ETH for $6.39 million, lifting his July total to 7,213 ETH. The Maelstrom CIO is down about $301,000 on buys averaging $1,923 per ETH since July 15. Ether is […]
It was reported as the end of an era in crypto. The centralized exchange Arthur Hayes helped found in 2014, BitMEX, officially announced that it will be shutting down after 11 years of operation. The […]
BitMEX customers are seeking the return of 622.66 Bitcoin in a proposed class action that accuses the exchange of engineering liquidations and retaining traders’ collateral. The complaint, filed July 23 in the Southern District of […]
Add ZyCrypto News On Google Recent business collapses of exchanges, including BitMEX and BitMart, have brought speculation about whether such crashes could trigger the next crypto bull cycle or renewed market slump. Data shared today […]
“The next cycle will be dominated by licensed exchanges and institutional capital,” one analyst predicted. The cryptocurrency market has been stuck in a prolonged bear market for several months, while in the last few […]
The native token plummeted by roughly 60% after the announcement. Unlike the previous major bear market in which numerous cryptocurrency exchanges reduced their staff number, the current cycle turned out to be more violent […]
BitMEX faces claims it profited from customer liquidations totaling 622.66 BTC. Plaintiffs seek Bitcoin recovery and damages over alleged unfair liquidation practices. Lawsuit coincides with BitMEX’s planned September shutdown after 11 years. BitMEX is facing […]
Eight months ago, BitMEX co-founder Arthur Hayes argued that traditional exchanges would have to “adapt or die” as perpetual swaps spread beyond crypto. Now BitMEX itself is closing, while the exchanges it once challenged are […]
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