Exchanges
Traders start losing control of open positions as BitMEX begins its staged shutdown
The BitMEX closure limits new positions at 04:00 UTC, with forced closures possible before Sept. 23.
bitmex
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Exchanges
Traders holding $39.5 million in BitMEX Bitcoin perps have 16 days to exit before forced closures begin
New positions stop Aug. 26, while contracts left open face a wind-down that ends in forced closure Sept. 23.
DeFi
Is crypto dead yet? Project shutdowns peaked this April but the latest 2026 data hides a scarier trend
New tracker logs 109 records of crypto project shutdowns, wind-downs, and inactivity as banks build controlled blockchain rails.
Derivatives
BitMEX wipes out 35 derivatives as exchange shutdown approaches with punishing post-closure fees
Public records show all listed contracts now have settlement prices; BitMEX’s next trading restriction begins Aug. 26.
Bear Market
Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture?
As BitMEX and BitMart fold, Wall Street is quietly claiming the blockchain tech meant to destroy it
Legal
Lawsuit claims BitMEX used server freezes and internal trading to seize 622 Bitcoin ahead of its September closure
The new complaint alleges an internal desk exploited customer data, while BitMEX says the case has no basis.
Community
BitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadline
Reduce-only trading begins Aug. 26, with forced closes possible before exchange services end Sept. 23.
Slate Sunday
‘I was always a rebel’: BitMEX CEO Stephan Lutz on leading crypto’s perpetual playground
Stephan Lutz, CEO of BitMEX, leads the industry’s oldest crypto derivatives exchange through innovation, growth, and evolving risk management.
Scams
Scam targets dormant Bitcoin wallets with fake legal notice
Scam alert for early Bitcoin holders as a new 'lost wallet' scheme emerges.
Crypto
Rogue trader crashes Bitcoin to $8900 on BitMEX in massive sell-off event
Over $600 million wiped from crypto futures in market wide downturn.
Merge
Circle to ‘fully and solely support Ethereum PoS’
Circle said it would not have any problem with the Merge, and USDC will function efficiently on a PoS blockchain.
Legal
Another BitMEX executive pleads guilty to violating Bank Secrecy Act
BitMEX former executive Gregory Dwyer has pleaded guilty to violating the Bank Secrecy Act.