Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over two years. BitMEX, a pioneering crypto derivatives exchange known for inventing the perpetual swap, will permanently shut down in September after years of regulatory and legal troubles. A wave of closures and bankruptcies, including BitMart, Movement Labs and Storj Labs, underscores how collapsing retail trading volumes and rising regulato…
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