Post by Augustine Chiagozie (@pabloexchange)

🏦 BitMEX, BitMart and AscendEX exit the market

Three centralized crypto exchanges — BitMEX, BitMart, and AscendEX — have announced exits from the market within weeks of each other, signaling a deepening shakeout in the CEX sector.

The rapid succession of departures has drawn attention to broader consolidation trends in centralized exchange infrastructure, rather than isolated platform failures.

No specific reasons for each exit, timelines, or user fund details are provided in the available reporting.

🏦 BitMEX, BitMart and AscendEX exit the market Three centralized crypto exchanges — BitMEX, BitMar...

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