exchange closure
BitMEX Shuts Down After 11 Years, Marks End of Derivatives Era
BitMEX, once a titan of crypto derivatives trading, will permanently shut down on September 23, 2026, after more than eleven years of operations. The closure marks the end of an era for the exchange that pioneered perpetual swaps and at its peak controlled 57 percent of global crypto derivatives volume, though it now commands less...
BitMEX Sued for $40.7M Bitcoin on Shutdown Day
BitMEX faces a 622.66 Bitcoin class action lawsuit valued at $40.7 million, filed Thursday in New York federal court just hours after the storied derivatives exchange announced its shutdown on September 23, 2026. The timing underscores mounting legal exposure for the legacy platform as it exits the market after an 11-year run that fundamentally shaped...
AscendEX Shuts Down Over EU MiCA Compliance, Users Face Losses
AscendEX, a major centralized cryptocurrency exchange, has permanently ceased operations effective July 1, 2026, citing regulatory pressures and financial difficulties as the primary drivers of its shutdown. The exchange’s exit marks a watershed moment for the crypto industry as the first significant casualty of the European Union’s newly enforced Markets in Crypto-Assets Regulation, commonly known...