Morning Edition · Monday, July 27, 2026Published at 1:22 AM EDT · New York
BitMart to Shut Down After Nine Years, and Its BMX Token Falls About 58%
The exchange will halt trading by August 26 and cease operations on January 31, 2027, giving no specific reason for the closure.
BitMart, a centralized exchange operating for nine years, announced it will wind down its global trading platform. The exchange halted registrations, deposits, and new orders at 01:30 UTC on July 26, will stop all trading by August 26, and…
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Mid-Tier Exchange Exits Concentrate Counterparty Risk
Falling trading volumes and rising compliance costs push mid-tier centralized exchanges to exit, concentrating users and liquidity onto a shrinking group of dominant platforms.
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