BitMEX Shuts Down Sept 23 as Parent Concludes Strategic Review
The 11-year-old derivatives pioneer exits as offshore perp venues lose their edge and regulated competitors absorb the flow.
Market-moving crypto headlines from the last 24 hours.
The 11-year-old derivatives pioneer exits as offshore perp venues lose their edge and regulated competitors absorb the flow.
The first time a top Korean financial conglomerate has grabbed a controlling stake in a domestic crypto venue signals that the country's trillion-dollar retail market is now too big for traditional…
The pattern is the story: four protocols fell in 24 hours to the same failure mode, compromised keys and permissions, not broken cryptography, and AI tooling is now lowering the cost of finding those…
Thune is forcing the floor even without a Democratic deal, signaling the market-structure bill has enough Republican support to clear without bipartisan cover.
The Arbitrum bridge itself held, but five hot-validator signatures cleared the quorum on a third-party bridge and let the attacker walk away with the protocol's entire TVL.
The macro stack hit BTC at once: oil back to $88, 10-year yield at 4.66%, and Polymarket odds on the Clarity Act cut from 46% to 38% in a day.
Blockaid flags the loss to a third-party bridge, not Arbitrum's native one, and Offchain Labs says the core bridge is unaffected while it investigates.
The attacker bridged the stolen stablecoin to Ethereum and swapped into 12,467 ETH before the team could respond, a textbook cross-chain drain pattern.
The compromise bans federal officials, including the president, from issuing or sponsoring digital assets, but enforcement runs through the DOJ, which is exactly the part Democrats say makes the…
After three months dormant, a single wallet absorbed 27,000 ETH through Galaxy's OTC desk in one block, a size that points to an institutional accumulator rather than a retail buyer.
The red line is state attorneys general suing federal officials over crypto ties; Democrats say the draft still falls short on Trump exposure, and a floor vote is unsettled before the August 7 recess.
The text bans the president, members of Congress and federal judges from issuing or sponsoring digital assets for profit, but a DOJ-enforcement fight with Democrats is the last hurdle before a 15-day…
The revised text keeps the bill alive past a key ethics impasse but still needs Democratic votes before the August recess, with final language on DOJ enforcement authority unresolved.
The downgrade hinges not on the bill itself but on the 140-company Open USD consortium behind it, which Mizuho says could fragment Circle's issuer revenue if the law passes.
The partnership shifts xStocks from a US-equity focus toward a multi-market rollout, starting with Hong Kong and extending into Europe and Asia.
The text lands as the first comprehensive US market-structure bill to formally split SEC and CFTC oversight over digital assets, with a stablecoin framework and developer safe harbor attached.
The amendment closes a loophole the White House did not need to exploit publicly, but locking the bar into statute shifts ethics from policy preference into binding law.
The strongest positioning shift of the year meets the bear market's heaviest supply ceiling: reclaim the Short-Term Holder Cost Basis and an air pocket opens to $84K; rejection sends the tape back to…
The headline provision is the developer safe harbor, but the ethics clause carrying a 2029 sunset is the political deal that lets the bill actually move.
The draft preserves protections for non-custodial DeFi developers, but its temporary ethics provision and lack of Democratic buy-in leave the Senate path uncertain.