Crypto exchange BitMEX shuts down on September 23
Crypto derivatives exchange BitMEX announced it will permanently close on September 23. The platform has halted new sign-ups and urged existing users to close all positions and withdraw funds before the shutdown date. Co-founded by Arthur Hayes in 2014, BitMEX pioneered the 100x leverage perpetual swap that reshaped global crypto trading. The closure marks the end of one of the industry's most influential platforms.
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