quote: JUST IN: BitMEX is Useless (Bloomberg) https://x.com/coinbureau/status/2080203193641017541 | BREAKING: Arthur Hayes-founded crypto exchange BitMEX is SHUTTING DOWN.
After over 11 years, BitMEX will permanently CLOSE on September 23 at 04:00 UTC.
New registrations have stopped, with users urged to withdraw their funds before the deadline.
At its peak, BitMEX processed a record $16 BILLION in one day and over $1 TRILLION in annual trading volume.
Hayes and his co-founders left their leadership roles after US criminal charges in 2020.