Stablecoins

BitMEX shuts down without an FTX style crisis, revealing where crypto’s real danger has moved

CryptoSlate3h agoUpdated 3h ago
BitMEX shuts down without an FTX style crisis, revealing where crypto’s real danger has moved
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BitMEX completed a review of its business and will close on Sept. 23, telling customers to close their positions and withdraw funds before then. The announcement came with no balance-sheet hole, withdrawal freeze, or bankruptcy filing, with Kaiko data putting BitMEX's market share below 0.01% and its daily volume near $400,000. That combination makes BitMEX'...

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