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...
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