Breaking: Arthur Hayes-Founded BitMEX, Pioneer of Crypto Perpetuals, to Shut Down BitMEX said it will permanently close its exchange at 04:…
Breaking: Arthur Hayes-Founded BitMEX, Pioneer of Crypto Perpetuals, to Shut Down
BitMEX said it will permanently close its exchange at 04:00 UTC on September 23 and has stopped accepting new user registrations. Co-founded by Arthur Hayes in 2014, BitMEX introduced the crypto industry’s first perpetual swap and was once one of the world’s dominant derivatives exchanges before losing market share to Binance and Bybit. Hayes and his co-founders stepped down after U.S. criminal charges in 2020, while a reported effort to sell the exchange in 2025 did not result in an announced deal.
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