
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.

Read BitMEX news covering derivatives trading, exchange updates, legal developments, market strategy, and institutional crypto products.

BitMEX’s orderly shutdown captures a bear market shaped by centralized decline and persistent on-chain exploit risk.

Reduce-only trading begins Aug. 26, with forced closes possible before exchange services end Sept. 23.

Waller's "skinny" master account proposal could let compliant crypto firms access Fed rails directly, eliminating bank-partner friction while raising concerns about commercial-bank disintermediation.

Stephan Lutz, CEO of BitMEX, leads the industry’s oldest crypto derivatives exchange through innovation, growth, and evolving risk management.

The collaboration integrates EtherFi across Plasma's DeFi ecosystem, providing users with additional collateral options for lending and borrowing.

Nate Geraci said "spot XRP ETFs are only a matter of time," based on the history of regulated futures market boosting odds of approval.



