BitMEX

BitMEX and BitMart may be the first casualties of a crypto trading slump, as indicated by the article's title. The focus is on potential negative impacts on these cryptocurrency exchanges due to declining market conditions.

BitMart, a cryptocurrency exchange, has shut down, citing the market environment and 'future strategic direction.' This follows the recent closure of crypto perpetuals exchange BitMEX.

The Clarity Act's prospects decline despite support from Goldman Sachs, Fidelity, and law enforcement. BitMEX will close as the crypto market consolidates into five major players.

Dango will shut down its network on Aug. 13, four months after launch, joining BitMEX, Odos, and Satori Finance in recent crypto-related closures.

Arthur Hayes, BitMEX co-founders Samuel Reed and Benjamin Delo are facing a proposed class action alleging insider trading and deliberate server freezes. The lawsuit accuses them of fraud through an alleged 'Insider Trading Desk' as BitMEX winds down operations.

BitMEX faces a proposed class-action lawsuit for theft and insider trading as the crypto exchange shuts down. The legal action alleges criminal misconduct by the exchange.

BitMEX faces a 623 BTC lawsuit alleging the use of privileged trading access and server freezes to profit from forced liquidations. The lawsuit was filed on the same day BitMEX announced its shutdown.

BitMEX removed 65 derivative contracts and trading pairs in July as part of its exchange shutdown, compared to 19 removed in the first six months of the year.

BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts highlight rising regulatory costs, market concentration, and the shift toward licensed trading venues.

Crypto derivatives exchange BitMEX will shut down in September after a strategic review of its business and the crypto industry. The exchange cited neutrality, transparency, and decentralization in its operations and urged users to withdraw funds by September 23. BitMEX has faced legal challenges, including past fines and guilty pleas related to anti-money laundering violations, though its founders were pardoned in 2025.

BitMEX, co-founded by Arthur Hayes, will shut down permanently on Sept. 23, 2026, at 04:00 UTC following a strategic review by owner HDR Global Trading.

BitMEX, a crypto derivatives exchange, will cease operations on September 23. The platform has halted new sign-ups and instructed users to close positions and withdraw funds before the shutdown.

BitMEX, the cryptocurrency exchange credited with inventing perpetual contracts (perps), is shutting down operations. The closure marks the end of a major player in the derivatives trading space.

BitMEX announced it will shut down operations on Sept. 23, 2026, after operating for 11 years in the crypto derivatives market. The decision was made by the exchange's owner, HDR Global Trading Limited.

Crypto exchange BitMEX has removed its CEO, CFO, and head of growth. The decision involves top executives in key leadership roles.

Christopher Harborne, linked to Tether, and Ben Delo, co-founder of BitMEX, donated $9.4 million to Nigel Farage’s Reform UK in the first quarter. The donations support Farage’s pro-crypto political party.

Crypto billionaires Christopher Harborne and Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in Q1, outspending Britain's traditional political donors.

Fixed-income investors are panicking as government securities, traditionally considered low-risk, show signs of instability. BitMEX researcher Shang Wu links this trend to a potential 'structural' shift in markets and a Bitcoin 'supercycle'.

Analysts predict Bitcoin will reach new record highs in 2026, with a target price of $255K by year-end, considered a conservative estimate. Bernstein and BitMEX co-founder Arthur Hayes also project similar growth. Bitcoin's potential upside is highlighted by these projections.

Bitcoin's price could reach $126,000 due to a new bull run sparked by the US-Iran conflict, according to BitMex's Arthur Hayes. The prediction suggests a significant increase in Bitcoin's value. The US-Iran conflict is seen as a catalyst for this potential growth.

A user from India is asking about the legitimacy of BitMEX, a cryptocurrency exchange, after seeing comments calling it a scam. The user has had a positive experience with BitMEX so far and wants to know if there are any current concerns. They are aware of past issues with US regulators but want to understand the present situation.

The best cryptocurrency exchange depends on the user's specific needs and goals, such as simple fiat transactions or trading derivatives. Different exchanges are suitable for different purposes, and self-custody with a decentralized exchange (DEX) is often the right choice for medium to long-term holds. Users should consider factors like fees, execution quality, and token availability when choosing an exchange.

BitMEX has opened 24/7 FX perpetual trading for crypto traders, allowing them to trade continuously. This move is expected to increase trading activity and provide more opportunities for crypto traders. The platform's expansion into FX perpetual trading marks a significant development in the crypto trading space.

The 2020 BitMEX case involved a $100M CFTC settlement for operating unregistered derivatives and lacking AML controls. BitMEX implemented KYC, paid the fine, and continued operations without customer fund losses. The article contrasts this with Bybit's 2025 'North Korea' hack, questioning how such incidents shape platform perceptions.

The article discusses persistent funding rate discrepancies between exchanges for the same perpetual contracts, such as ETHUSDT on BitMEX and Bybit, which remain unexplained despite similar open interest and mark prices. The author explores potential reasons like regional taker flow, funding formula differences, and execution friction but questions why these gaps persist for days without arbitrage closing them.

A user realized they unnecessarily spent $340 on conversion fees between ETH and USDT on BitMEX over two years, unaware the exchange had introduced multi-asset margin collateral allowing ETH/BTC to be used directly. The user regrets not checking updated platform features and price exposure during swaps.

A trader reflects on six years of perpetual futures trading, starting with $2k in 2019. Experiences include significant gains and losses, the 2022 FTX collapse, and a shift toward secure exchanges. By 2025, their account grew to $61k with mixed feelings about advising others to trade.

The article critiques the overemphasis on taker fees in cryptocurrency exchange discussions, arguing that reliability during market crises and liquidity pricing methods are more critical. The author shares personal experiences with Binance and BitMEX, emphasizing the importance of checking exchange status during major events and evaluating how liquidation prices are calculated.

The article argues there is no universally 'best' crypto exchange, emphasizing that the optimal choice depends on specific user needs. It recommends Coinbase or Kraken for US users needing fiat on/off ramps, Bybit or Bitmex for derivatives trading outside the US, and any exchange for short-term BTC accumulation and cold storage.

BitMEX has partnered with Zodia Custody to enable institutional crypto derivatives trading using off-exchange collateral stored in segregated custody. This collaboration aims to enhance institutional access to derivatives markets by leveraging secure, custodial solutions.