Cryptocurrency trading exchange BitMEX announced on July 23 that it is soon shutting down and asked users to withdraw their funds.
Arthur Hayes, Ben Delo and Samuel Reed co-founded the exchange in 2014. Its derivatives offerings transformed the crypto trading ecosystem.
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However, BitMEX’s owner and operator, HDR Global Trading Limited, has decided to close operations after 11 years following a strategic review of the business, the exchange said.
BitMEX said it is proud of its legacy and a “flawless” track record of zero customer funds lost to hacks. But the exchange will shut down its operations, effective Sep….
