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2026-07-23 13:57:06 UTC

BitcoinNews on Nostr: BITMEX TO SHUT DOWN AFTER 11 YEARS Arthur Hayes-founded crypto exchange BitMEX ...

BITMEX TO SHUT DOWN AFTER 11 YEARS

Arthur Hayes-founded crypto exchange BitMEX announced it will permanently cease operations on September 23 at 04:00 UTC following a strategic review.

New user registrations have ended, and existing users are being urged to close positions and withdraw funds before the deadline.

At its peak, BitMEX processed $16 billion in daily trading volume and over $1 trillion annually.

Hayes and his co-founders stepped down after facing U.S. criminal charges in 2020.