BitMEX token crashes 90% as exchange announces shutdown
Chronological coverage
First seen23 Jul, 12:47BitMEX 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
Follow-up23 Jul, 13:06BitMEX’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- Follow-up26 Jul, 04:53
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
Follow-up26 Jul, 06:59Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
CoinDesk•Shaurya Malwa
Follow-up26 Jul, 09:36BitMart’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
Latest27 Jul, 09:57BitMart Becomes Latest Crypto Exchange to Shut Down
BitMart’s closure, citing the market environment and “future strategic direction,” comes days after crypto perps exchange BitMEX shut down.
Decrypt•Decrypt Agent
