Arthur Hayes’ BitMEX Is Shutting Down After 11 Years: What Went Wrong?
BitMEX announced Wednesday it will shut down its exchange on Sept. 23, 2026, ending an 11-year run as one of crypto’s most influential derivatives platforms after a strategic review of the business. HDR Global Trading Limited, the owner and operator of BitMEX, said the board made the decision following a strategic review of the exchange and the broader crypto industry.