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BitMart appoints Alvarez & Marsal to review finances amid trading halt and withdrawal issues

Market News
09 Sep 2026
Crypto news
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Bearish
BitMart appoints Alvarez & Marsal to review finances amid trading halt and withdrawal issues

BitMart has appointed Alvarez & Marsal as its financial adviser to assess its financial position, stakeholder claims, and withdrawal arrangements following a trading halt announced on August 26. The exchange is reviewing possible paths including an orderly wind-down, phased restart, or third-party proposals but has not provided audited asset figures or a repayment schedule. BitMart plans to launch a user feedback portal within five business days and aims to announce an action plan within three weeks. Until then, key details on asset status, withdrawal timelines, and creditor recoveries remain unclear, leaving users uncertain about their funds and the exchange’s future.

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Hypershell debuts Hypershell Halo™ exoskeleton at IFA 2026, wins 21 industry awards

Hypershell debuts Hypershell Halo™ exoskeleton at IFA 2026, wins 21 industry awards

Hypershell, a global leader in consumer exoskeletons, showcased its new Hypershell Halo™ designed for all-terrain mobility at IFA 2026 in Berlin. The company received significant industry recognition, winning 21 awards during the event. The launch at...

Others
Bullish
4 hours ago
OpenAI claims to solve 90-year-old Navier-Stokes math problem using AI in 88 hours.

OpenAI claims to solve 90-year-old Navier-Stokes math problem using AI in 88 hours.

OpenAI announced it solved the Navier-Stokes problem, a 90-year-old complex math challenge related to fluid dynamics, using a system of 10,000 AI agents in 88 hours. This problem is one of the prestigious Millennium Prize Problems with a $1 million r...

Others
Neutral
4 hours ago
18th Lyon Biennale opens Sept 19 with 120 artists across 11 city venues, showcasing contemporary art until Dec 13, 2026.

18th Lyon Biennale opens Sept 19 with 120 artists across 11 city venues, showcasing contemporary art until Dec 13, 2026.

The 18th Biennale of Lyon, a major contemporary art event, opens to the public on September 19, 2026, running until December 13. Featuring 120 artists and 400 works across 11 venues in Lyon and its metropolitan area, the exhibition explores themes of...

Others
Neutral
4 hours ago
Four U.S. spot XRP ETFs are now used as collateral in nearly $4B repo deals by Schwab money fund.

Four U.S. spot XRP ETFs are now used as collateral in nearly $4B repo deals by Schwab money fund.

Shares of four U.S. spot XRP ETFs from Grayscale, Canary, Franklin, and Bitwise are being pledged as collateral in repurchase agreements worth nearly $4 billion by a Charles Schwab money market fund. This marks a significant increase in XRP ETF colla...

Market News
Bullish
4 hours ago
Regency Silver acquires 100% of Jabali Gold Project in Sonora, Mexico, aiming to restart production at historic La Dura mine.

Regency Silver acquires 100% of Jabali Gold Project in Sonora, Mexico, aiming to restart production at historic La Dura mine.

Regency Silver Corp. has agreed to acquire a 100% interest in the Jabali Gold Project, including the historic La Dura gold mine in Sonora, Mexico, by purchasing all shares of Tarachi Gold. The project is near major producing mines and covers 569 hect...

Company Fundamentals
Bullish
4 hours ago
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