BitMEX to shut down exchange after 11 years of operations

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AI Fusion Summary

BitMEX, a veteran crypto derivatives trading exchange, is scheduled to shut down its operations on September 23, 2026, at 04:00 UTC. This decision follows a comprehensive review of the business and the broader crypto sector conducted by its board. The closure marks the end of an era for the platform after eleven years of operations. The move signifies a major shift for the exchange, which has been a prominent player in the cryptocurrency derivatives market.