Investment
Features
FeesSafety
Academy
More
Pluang+

BitMart exchange shuts down, causing BMX token to plunge over 55% in 24 hours

Market News
26 Jul 2026
Crypto Briefing
View Source
Bearish
BitMart exchange shuts down, causing BMX token to plunge over 55% in 24 hours

BitMart, a centralized crypto exchange, announced an immediate wind-down of its platform, suspending new registrations and deposits from July 26, with full trading ceasing by August 26 and complete closure by January 31, 2027. Its native token BMX dropped over 55% in 24 hours, reflecting the token's loss of utility tied to the exchange's operations. The shutdown was attributed to operating conditions and strategic decisions, with no mention of hacks or insolvency. Users have one month to withdraw assets, but concerns remain about the withdrawal process amid the crypto industry's history of exchange closures.

More News

Bill Gross launches Idealab.ai to share 1.2M AI-generated business ideas and boost global entrepreneurship.

Bill Gross launches Idealab.ai to share 1.2M AI-generated business ideas and boost global entrepreneurship.

Bill Gross, a serial entrepreneur behind over 175 companies, has launched Idealab.ai, a platform using AI to generate and share over 1.2 million business ideas based on real-world problems. The platform aims to lower barriers to entrepreneurship by h...

Others
Bullish
17 minutes ago
Cardinal Infrastructure faces securities fraud probe after Q2 profit margin drop and stock plunge.

Cardinal Infrastructure faces securities fraud probe after Q2 profit margin drop and stock plunge.

The Portnoy Law Firm has launched an investigation into Cardinal Infrastructure Group for possible securities fraud following the company's Q2 2026 financial report. Cardinal revealed a decline in its gross profit margin to 10.8%, down from 13.9% the...

Market News
Bearish
17 minutes ago
AIOS Tech to acquire SmartCore in $100M all-stock deal to boost cross-border network and data center services

AIOS Tech to acquire SmartCore in $100M all-stock deal to boost cross-border network and data center services

AIOS Tech Inc. announced an agreement to acquire SmartCore Holdings Limited in an all-stock transaction valued at approximately $100 million. The deal will issue 33.3 million AIOS shares to SmartCore's sellers, who will hold about 80% of AIOS shares ...

Company Fundamentals
Bullish
17 minutes ago
Phase II trial shows XBiotech's vilamakitug improves survival in refractory metastatic colorectal cancer.

Phase II trial shows XBiotech's vilamakitug improves survival in refractory metastatic colorectal cancer.

XBiotech announced positive results from the Phase II TASKIN trial, where their antibody vilamakitug combined with standard chemotherapy improved 12-month overall survival to 61.3% in refractory metastatic colorectal cancer patients, surpassing the s...

Company Fundamentals
Bullish
17 minutes ago
Proof and Circle demo AI agents proving identity and paying in USDC for trusted transactions

Proof and Circle demo AI agents proving identity and paying in USDC for trusted transactions

Proof and Circle Internet Group demonstrated a new system where AI agents can prove the identity of the person they represent using Proof's x401 open identity protocol and pay merchants in USDC via Circle's x402 payment protocol. This innovation addr...

Market News
Bullish
17 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App