Key Takeaways BRIC is suing five BitMEX entities to recover 6,360 BTC for former Celsius customers over March 2020 liquidations. The lawsuit repeats earlier “God Access” and insider trading allegations. BRIC also alleges BitMEX’s liquidation […]
CoinEx joins BitMart and BitMEX among established exchanges closing this year. CoinEx is preparing to shut down its platform after nearly nine years as the weakness across the crypto market has made operations increasingly […]
BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down. Starting at 04:00 UTC, users will only be able to close or reduce existing positions. New positions will […]
The company’s deteriorating financial performance compounded these concerns. BitMEX continued to lose market share throughout the sale process as trading activity migrated to larger centralized exchanges and decentralized perpetual futures platforms. This made potential acquirers […]
A CryptoSlate-built tracker has identified at least 109 crypto project shutdowns, wind-downs, or inactivity in 2026 as of Aug. 5. DeFi accounted for 28 of them, more than any other sector. The count captures a harsh […]
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 […]
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