BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years
The exchange, co-founded by Arthur Hayes, stopped trading and deposits, but says users can still log in and withdraw funds as its wind-down continues.
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BitMEX
The exchange, co-founded by Arthur Hayes, stopped trading and deposits, but says users can still log in and withdraw funds as its wind-down continues.
The U.S. crypto market will “bifurcate from the rest of the world” said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.
BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), according to a Wednesday announcement from the U.S. Department of Justice (DOJ).
Outflows from Grayscale’s bitcoin fund GBTC spiked Thursday, but inflows into U.S.-listed spot bitcoin ETFs remained positive, led by another strong day for BlackRock’s ETF.
BitMEX is internally transferring its bitcoin holdings to a newer wallet type, according to on-chain firm CryptoQuant.