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    @PARABOLIT
    Right place, at the right time, with the right product for crypto Enforced KYC ultimately killed their user base, and then massive settlements - it was impossible to turn it around and recover with no one actually trading there It was a good run, gg's on insurance fund
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    BitMEX
    @BitMEX
    4h
    Dear BitMEX Users, Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC. The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations
    11:50 · 2026年7月23日2426再生数
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    BTCVIX
    @BTCVIX
    38m
    Yep
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    BTCVIX
    @BTCVIX
    2h
    Interestingly me forcing BitMEX to be transparent with their insurance fund (via the infamous blog piece) in the early days was a boon to their business as it was an indicator of overall exchange health and comforted larger traders that they wouldn't be ADL'ed But then the legal
Xユーザーのَさん: 「Right place, at the right time, with the right product for crypto Enforced KYC ultimately killed their user base, and then massive settlements - it was impossible to turn it around and recover with no one actually trading there It was a good run, gg's on insurance fund https://t.co/1OufZyV3Pz」 / X