Crypto
BitMEX Closes as BlackRock and Coinbase Join Forces for Enhanced Bitcoin Security
BitMEX has ceased operations, marking the end of an era in crypto trading. The exchange, known for pioneering perpetual swaps, is closing its doors after a significant run.
Laura Shin notes that this development comes amidst other key happenings in the space. BlackRock, Coinbase, and Strategy have joined forces to strengthen Bitcoin security. This collaboration aims to bolster trust and confidence in the leading cryptocurrency.
The partnership also follows reports of a compromise involving the X account of Robinhood CEO Vlad Tenev. The account was used to promote a scam, highlighting the need for enhanced security measures.