BitMEX is shutting down—fully ceasing operations in September
BitMart also announced a shutdown, giving users 30 days to liquidate and 6 months to withdraw funds

Within a week, four crypto companies went bankrupt, including Movement Labs and Storj

Spot trading volume dropped to 1.05 trillion, the lowest in 25 months
Trading volume among South Korea’s top five exchanges plunged 88%

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Retail money is pulling out—while AI is taking the spotlight. Compliance costs are rising.
With MiCA coming into effect, small exchanges can’t survive at all.
In the big wave, only the truly strong ones stay alive.

Every day, I’ll take you through the industry-shakeup highlights—more than just what happens in the news, I’ll help you understand the logic and opportunities behind it 👀🚀

#BitMEX #交易所寒冬 #industry shakeup