BitMart has initiated a phased shutdown of its global cryptocurrency exchange, stopping new registrations, deposits, and trading by August 26, 2026. The exchange cited operating conditions, market environment, and strategic direction as reasons but did not specify insolvency or security issues. Withdrawals remain available with a recommended deadline, though processing may be delayed due to security checks. The platform token BMX dropped about 63% following the announcement, reflecting the loss of trading utility. BitMart plans to fully terminate trading operations by January 31, 2027, while allowing limited account access afterward for record review and withdrawals.
Five years after El Salvador legalized Bitcoin, cryptocurrency remittances still account for only 0.7% of the country's $5 billion remittance market. In the first half of 2026, crypto remittances reached $35.4 million, up 39.1% from the previous year...
Microsoft is positioned for strong fiscal Q4 results driven by accelerating growth in its Intelligent Cloud and Productivity segments, along with rapid monetization of AI investments. The company is expected to report revenue of $91.3 billion, surpas...
Stacks (STX) fell to a six-year low of $0.13 due to market worries over its token tag on Binance, linked to the upcoming PoX-5 hardfork. Despite assurances from the Stacks team that the issue is being resolved, market sentiment turned negative, leadi...
Chocolate sales have declined due to record-high cocoa prices driven by poor harvests and climate factors, but prices are now easing. Major Swiss chocolate companies like Lindt, Barry Callebaut, and Nestlé are responding by innovating premium product...
BitMine Immersion Technologies is transitioning from traditional crypto mining to an Ethereum-centric treasury and large-scale staking strategy, holding about 5.7 million ETH valued near $10 billion. The company stakes most of its ETH to generate pro...
