BitMart | Crypto

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 BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan. It said some users were unable to withdraw funds and some employees have not received their final salary or compensation and threatened Xia that if he does not provide a verifiable asset disclosure and repayment plan by the deadline, it would continue to submit evidence to regulators, law enforcement, lawyers and the media. Xia called the claims in the post “fabricated rumors” and promised a counter-attack. Read more

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.” BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan by Wednesday. The account said in a Monday post that some users remained unable to withdraw funds and that some employees had not received their final salary or compensation, while calling on Xia to disclose BitMart’s wallets, assets, liabilities and available reserves, according to a machine translation of the post. The post said if Xia does not provide a verifiable asset disclosure and repayment plan by the deadline, it would continue to submit evidence to regulators, law enforcement, lawyers and the media. Read more

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 aggressive new compliance checks risk freezing their assets appeared first on CryptoSlate.

Three centralized exchange platforms exiting within weeks have shifted attention away from individual failures as crypto consolidates. The post Crypto Exchange Shakeout Deepens as BitMEX, BitMart, and AscendEX Exit the Market appeared first on Cryptonews.

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 nine years, abruptly reversing an expansion push that continued into the summer. The exchange stopped accepting new registrations, deposits and orders at 01:30 UTC on July […] The post BitMart’s sudden shutdown triggers withdrawal delays and on-chain panic, echoing the ghosts of 2022 appeared first on CryptoSlate.

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 crypto exchange BitMart appeared to slow after it announced plans to wind down its operations.  On Monday, blockchain analytics account Lookonchain reported that only 58 wallets withdrew about $805,000 in over 24 hours. It added that the exchange had not processed any withdrawals during the latest eight-hour period it tracked.  X users also continued to report withdrawal difficulties. One user said they received an email stating that a USDT withdrawal had been completed even though the transaction had not been processed and their account displayed an “on-chain withdrawal freeze.” Another user said a $30 test withdrawal remained pending for over 30 minutes. These are individual claims and could not be verified.  Read more

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, 10:32 UTC, July 26: Adds former CEO Nenter Chow’s statement] BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. “After a careful evaluation of the Company’s operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations,” it said in a Sunday notice. Read more

The 30-day Trade-to-Feed competition marks BitMart's 8th anniversary and the exchange's strategic listing of EAT, the first cause coin. The 30-day Trade-to-Feed competition marks BitMart's 8th anniversary and the exchange's strategic listing of EAT, the first cause coin. New York, United States, April 28, 2026, Chainwire – BitMart, the global digital asset exchange serving millions of users worldwide, today launched the Trade-to-Feed competition, a 30-day trading competition paying out up to $4.4 million USDT in trader rewards. The campaign marks BitMart's eighth anniversary and the exchange's listing of EAT (WYDE: End Hunger), the first cause coin to list on a major centralized exchange. Cause coins are an emerging asset class engineered so that fees from trading activity flow to charitable grant-making infrastructure alongside trader rewards. By making EAT the inaugural cause coin listing and pairing it with the largest competition in BitMart's history, the exchange is positioning itself ahead of a category...

[PRESS RELEASE – New York, United States, April 28th, 2026] 30-day Trade-to-Feed competition marks BitMart’s 8th anniversary and the exchange’s strategic listing of $EAT, the first cause coin. BitMart, the global digital asset exchange serving millions of users worldwide, today launched the Trade-to-Feed competition, a 30-day trading competition paying out up to $4.4 million USDT […]

[PRESS RELEASE – Dubai, United Arab Emirates, December 19th, 2025] GrantiX, an AI-powered SocialFi platform bringing impact investing on-chain, today announced the launch of its $GRANT token following a Token Generation Event and multiple sold-out IDOs. The token is now live and listed on BitMart and BingX, expanding global access to the GrantiX ecosystem. $GRANT […]

[PRESS RELEASE – Tampa, Florida, December 15th, 2025] The Geode Foundation, a registered 501(c)(3) nonprofit dedicated to fostering economic opportunity and community empowerment through blockchain innovation, today proudly announces the primary exchange listing of its native cryptocurrency, GEODE, on BitMart.com. This milestone marks GEODE’s trading debut, opening the doors for broader adoption and liquidity in a […]

BitMart withdrew its application for a virtual asset service provider license in Hong Kong, joining several other major exchanges. Crypto exchange BitMart withdrew its application for a virtual asset service provider license in Hong Kong. According to the list of virtual asset trading platforms maintained by the Hong Kong regulator, the Securities and Futures Commission (SFC), BitMart withdrew its application on Thursday. This followed similar decisions by other crypto trading platforms. Major crypto exchange Bybit applied last year but withdrew its application at the end of May 2024. Similarly, OKX withdrew its application at the end of May, as did Gate. Read more

[PRESS RELEASE – Sheridan, wyoming, June 23rd, 2025] R0AR, the trailblazing DeFi platform, proudly announces the official listing of its $1R0R token on BitMart, marking its first centralized exchange (CEX) debut. This milestone catapults R0AR onto the global stage, making decentralized finance smarter, safer, and radically more accessible for all. “This listing is a testament […]