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BitMart hired White & Case to assess creditor distributions and a phased restart, with another restructuring update due by Sept. 9.
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January.[Update,...
BitMart faces insolvency allegations as withdrawal issues persist. Traders are reminded of the risks of centralized exchanges. Continue reading at DailyCoin.
BitMart is facing a new insolvency allegation after an OpenGradient co-founder said his market-making team could no longer withdraw funds locked on the exchange. Market maker quest...
BitMart starts a phased shutdown, halts deposits and new orders, and will end all trading on August 26 as BMX drops about 63% in 24 hours.
BitMart users and employees have demanded that the crypto exchange disclose its reserves, explain reported withdrawal restrictions, and publish a repayment plan by Aug. 19 as quest...
Echo Base formed a BitMart claimholder committee after saying the exchange ignored its $10 million proposal for a funded bankruptcy process.
On July 26, 2026, BitMart confirmed it will gradually shut down its trading platform under an orderly wind-down plan, suspending new user registrations and deposits starting that s...
Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly decline.Withdrawals from c...
BitMart, one of the world’s largest cryptocurrency exchanges by trading volume, is shutting down its trading platform after nearly a decade of operations.
The post BitMart Offers Restructuring Plan, But Users Still Want Answers on Withdrawals appeared first on Coinpedia Fintech News BitMart is now looking at a restructuring plan inst...
BitMart’s Chinese-language X account demanded an Aug. 19 repayment plan, while Sheldon Xia called its claims of blocked withdrawals and non-payment of salaries “fabricated rumors.”...
Echo Base has organized a committee of claimholders to represent users with frozen assets on Bitmart and retained legal counsel to explore recovery options. Echo Base Steps in Afte...
One of the exchange's founders said the Chinese-language account had been compromised and was not being operated by current employees.
Binance’s bStocks are the second largest tokenized stock issuer just two months after launch, and BitMart’s internal feud erupts into the spotlight ahead of its closure
Covered users must close positions and withdraw by 23:59 UTC, while the wider platform keeps two Aug. 26 clocks. The post BitMart gives US users just days to pull crypto before agg...
BitMart’s missing proof-of-reserves report and withdrawal complaints from two crypto projects have raised fresh questions about how customer assets are held during the exchange’s w...
With ETH drained from its wallets, BitMart faces a wave of stuck user withdrawals after abruptly announcing its closure BitMart said it will wind down its trading platform after ni...
Crypto exchange BitMart says it's exploring continuing some operations despite previously announcing a complete closure. The post BitMart suggests restructuring weeks after closure...
Two weeks after BitMart promised withdrawals would remain available, users say the exchange is dragging its feet. The post BitMart founder denies exit scam as withdrawals stall app...
BitMart's closure makes it the second major exchange to wind down last week, following BitMEX's shutdown. Continue reading at DailyCoin.
BitMart withdrawals are moving slowly with analysts claiming only 63 were processed in the 24 hours following it's closure announcement. The post BitMart processed just 63 withdraw...
Cryptocurrency exchange BitMex will shut down its trading platform on 23 September. The company has not given a specific reason for the closure, but said the decision was taken fol...
The resignation of BitMart executive Terence Lee has stoked suspicion that the soon-to-be-shuttered crypto exchange might be insolvent. The post BitMart CPO resigns as insolvency s...
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