BUSINESSCOINTELEGRAPH
BitMart withdrawals appear to slow following wind-down announcement
Users experienced withdrawal delays and freeze notices as BitMart's wallets attributed to the exchange fell to $69 million, with its BMX token's weekly decline reaching 81.5% following the wind-down announcement.
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Adjacent reporting
- BitMart to wind down exchange, end trading by Aug. 26
- Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
- BitMart to wind down trading platform as global CEO says he was not consulted
- ‘Materially softer demand’: Bitcoin hits two-month low below $69,000 amid institutional outflow streak, fading onchain interest
- Bitcoin extends losses to the $76,000 level, hitting 2-week low