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BitMEX shuts down without an FTX style crisis, revealing where crypto’s real danger has moved

Source: CryptoSlate
BitMEX shuts down without an FTX style crisis, revealing where crypto’s real danger has moved

BitMEX completed a review of its business and will close on Sept. 23, telling customers to close their positions and withdraw funds before then. The announcement came with no balance-sheet hole, withdrawal freeze, or bankruptcy filing, with Kaiko data putting BitMEX's market share below 0.01% and its daily volume near $400,000. That combination makes BitMEX's […] The post BitMEX shuts down without an FTX style crisis, revealing where crypto’s real danger has moved appeared first on CryptoSlate.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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