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BMEX Price Falls 90% As BitMEX Shutdown Hands Market to Binance, Hyperliquid and Rivals

Covered by 2 sources · 2 articles

2 outlets - including Cryptotimes and Beincrypto - are covering this story. The exchange will shut down in September after losing ground to larger competitors, while its BMEX token has plunged 91%.

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CZ Reacts to BitMEX Shutdown as BMEX Token Drops 90%
The Crypto Times News Jul 23, 15:29 UTC

CZ Reacts to BitMEX Shutdown as BMEX Token Drops 90%

The exchange will shut down in September after losing ground to larger competitors, while its BMEX token has plunged 91%.

BMEX Price Falls 90% As BitMEX Shutdown Hands Market to Binance, Hyperliquid and Rivals
BeInCrypto Jul 23, 13:23 UTC

BMEX Price Falls 90% As BitMEX Shutdown Hands Market to Binance, Hyperliquid and Rivals

BMEX price crashed nearly 90% after BitMEX confirmed its shutdown, handing derivatives share to Binance, OKX and Hyperliquid.