CryptoCointelegraphabout 3 hours ago
BitMEX shutdown signals crypto consolidation
1 min read
BitMEX, the crypto derivatives exchange founded in 2014, announced it will shut down with trading ending Sept. 23. Its BMEX token plunged over 90%. Analysts point to rising regulatory costs and market concentration squeezing mid-sized exchanges as liquidity shifts to licensed venues like Coinbase and Kraken.
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