Topic: #exchanges
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BitMart to shut down after nine years, BMX token crashes 58%
Cryptocurrency exchange BitMart announced Sunday it will wind down operations after nine years, with all trading ending August 26 and the platform formally ceasing operations January 31, 2027. The exchange token BMX fell 58% to roughly 8 cents, cutting its market value to approximately $27 million.
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BitMEX shuts down Sept. 23; reduce-only trading starts Aug. 26
BitMEX announced its closure on July 23 with a two-month wind-down window. Starting Aug. 26, users can only reduce positions, and any contracts still open on Sept. 23 will be force-closed.
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OKX Appoints Andrew Cuomo to Board Amid Crypto Regulatory Push
OKX named former New York Governor Andrew Cuomo to its board this month, formalizing a two-year advisory relationship as the exchange and its partners build infrastructure for tokenized assets and institutional derivatives amid rapid market growth.
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Bybit Launches Indonesia Platform After NOBI Acquisition
Bybit announced the launch of a locally operated platform in Indonesia after acquiring a majority stake in PT Enkripsi Teknologi Handal, formerly known as NOBI, positioning itself in one of Asia's largest crypto markets with 21.07 million registered users.
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Binance.US CEO targets 20% market share as exchange exits regulatory hibernation
Binance.US CEO Stephen Gregory says the exchange is rebuilding after two years of regulatory headwinds, betting on lower fees and expanded products to compete with Coinbase and Kraken for U.S. customers.
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Crypto exchanges surge as Wall Street distribution channel for tokenized stocks
Tokenized assets became the most-listed category on major crypto exchanges in early 2026, jumping from under 7% of listings in 2025 to nearly one in five new tokens. Trading volume in real-world asset derivatives hit record levels as retail equity purchases collapsed.
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Binance outflows triple to $1.2B as Ethereum withdrawals hit 3-year high
Binance recorded $1.23 billion in weekly net outflows—a 207% surge from the prior week—as Ethereum withdrawal transactions reached their highest level since March 2023, driven by regulatory uncertainty and market positioning shifts.
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HTX delists USD1 stablecoin, converts balances to USDT
Crypto exchange HTX will permanently remove World Liberty Financial's USD1 stablecoin from its platform and convert eligible customer holdings to Tether at a one-to-one rate beginning June 7, escalating a dispute over frozen blockchain wallets.
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Coinbase Launches Direct Indian Rupee Rails After Regulatory Clearance
Coinbase has returned to India with direct INR banking infrastructure, allowing traders to deposit and withdraw rupees without intermediary conversions. The move marks a reversal from the exchange's 2022 exit following informal RBI pressure.