LATEST: 🚨 MANTRA halted its blockchain after an incident in its Cosmos EVM module affected two wallets, saying no user funds were exploited and that it hopes to resume the chain within the day.
Users' funds are still stuck on BitMart.
The deadline for withdrawals is fast approaching, while BitMart's official Chinese account (@BitMart_zh ) is calling out the CEO and demanding answers over the ongoing withdrawal issues.
The CEO, however, claims that the official X Chinese account has been compromised.
But, if the withdrawal deadline elapse, what happens to users who are still unable to withdraw their funds?
This space really needs stronger regulatory bodies and independent organizations that can hold exchanges like this accountable and ensure users get their funds back.
🚨OPENGRADIENT CO-FOUNDER CLAIMS BITMART IS INSOLVENT!
@0xDeltaHedged, co-founder of OpenGradient, says his market-making team’s funds are stuck on BitMart and cannot be withdrawn, alleging the exchange is insolvent.
He also claims BitMart pushed token holders to lock assets on the platform roughly a week before its shutdown announcement as a pure liquidity play.
BitMart is in the middle of an orderly wind-down, trading ends Aug 26, has previously insisted withdrawals remain available, and has not directly responded to these specific claims.
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 following a strategic review of the business.
It may not look the same today, but we are proud of our 11+ year legacy and the role we played in shaping the crypto industry. We invented the 100x leverage perpetual swap, which for most of you, was the first step to your crypto trading journey. It is now the most traded financial product in the crypto industry, adopted by thousands of users and exchanges. And we remain proud of our robust security infrastructure, which has allowed us to maintain a flawless track record of 0 customer funds lost to hacks in our entire operating history.
We want to reassure you that your assets remain fully safe and under your control during this transition period. This announcement is just to give enough time to ensure a smooth withdrawal process for everyone.
From today we strongly encourage all users to close their positions and withdraw their funds as soon as convenient. For more details on the full process, please read our blog: https://t.co/OOHeh6xHm8
BitMEX was once home to some of the greatest traders today. Our team has dedicated tremendous effort and passion into building the platform into what it is, and we are glad to have reached some of you during your time with us. To everyone who has traded, supported, and grown alongside us - thank you for your trust over the last 11 years.
The BitMEX Team
India has the worst Education Minister right now.
🇨🇳 China → Education is compulsory & future-oriented
🇦🇪 Dubai → Blockchain added to curriculum
🇯🇵 Japan → 10th-grade students must learn blockchain
🌍 World → AI, coding, innovation everywhere
Meanwhile in India →
• Education minister busy in PR
• Birthday wishes tweets
• Zero vision for future skills
Education ministry isn’t a PR department.
It’s the foundation of a nation’s future.
We’re losing a generation while the world is upgrading.
And nobody wants to talk about it. 🚨
#संसद_मार्च #AI #cjp_पार्टी #DharmenderPradhan
@pushpendrakum@nsitharamanoffc Bhai rand sarkar hai ye bjp sabse gandi sarkar bc
Na education me koyi change
Na he tax me
Vishav guru bs chai peena me busy hai