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BitMEX to shut down in Sept 2026; $BMEX token crashes 98% amid closure news

Market News
23 Jul 2026
Crypto Briefing
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Bearish
BitMEX to shut down in Sept 2026; $BMEX token crashes 98% amid closure news

BitMEX, the crypto exchange known for inventing perpetual swaps, announced it will permanently close on September 23, 2026. Following the news, its native $BMEX token plummeted about 98%, reflecting the end of an 11-year era in crypto derivatives trading. The exchange halted new registrations and urged users to close positions and withdraw funds before the shutdown, after which any open positions will be forcibly closed. The closure follows years of regulatory challenges and increased competition, highlighting the risks of holding tokens tied to centralized platforms' survival.

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ZenaTech launches AI-powered smart safety glasses Stacklens for field technicians, with pilots in 2027.

ZenaTech launches AI-powered smart safety glasses Stacklens for field technicians, with pilots in 2027.

ZenaTech introduced Stacklens™, AI-powered smart safety glasses designed for field technicians and industrial workers, integrating hands-free AI assistance, real-time video support, and thermal imaging. The glasses aim to improve efficiency by allowi...

Market News
Bullish
1 hour ago
Class action lawsuit filed over Compass-Anywhere merger alleging regulatory misrepresentation.

Class action lawsuit filed over Compass-Anywhere merger alleging regulatory misrepresentation.

The Rosen Law Firm has filed a class action lawsuit on behalf of former Anywhere Real Estate shareholders who received Compass, Inc. stock in a January 2026 merger. The suit alleges that Compass and its executives misrepresented their efforts to secu...

Market News
Bearish
2 hours ago
New data supports Furoscix ReadyFlow autoinjector for outpatient edema management in heart failure and CKD.

New data supports Furoscix ReadyFlow autoinjector for outpatient edema management in heart failure and CKD.

MannKind presented new clinical data at HFSA 2026 showing that Furoscix ReadyFlow, an autoinjector delivering subcutaneous furosemide, provides diuretic effects comparable to IV administration for treating edema in heart failure and chronic kidney di...

Market News
Bullish
2 hours ago
Class action lawsuit filed against Millrose Properties over undisclosed $200M property leases causing stock drop

Class action lawsuit filed against Millrose Properties over undisclosed $200M property leases causing stock drop

A securities class action lawsuit was filed against Millrose Properties, Inc. for allegedly misleading investors by not disclosing that it would lease $200 million worth of properties purchased from Lennar at a loss. The lawsuit claims Millrose misre...

Market News
Bearish
2 hours ago
Brookfield Infrastructure delays shareholder meeting to Oct 29 for vote on corporate simplification plan

Brookfield Infrastructure delays shareholder meeting to Oct 29 for vote on corporate simplification plan

Brookfield Infrastructure Corporation has postponed its special shareholder meeting to October 29, 2026, to allow more time for votes on its proposed corporate simplification. The plan aims to merge Brookfield Infrastructure Partners LP and Brookfiel...

Company Fundamentals
Bullish
3 hours ago
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