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The cryptocurrency market continues to lose several historic platforms. Within a few months, Bit.com and then BitMEX announced their gradual disappearance. Now, BitMart also confirms the cessation of its activities according to a specific schedule. This new closure directly affects the users of the exchange, invited to close their positions and withdraw their assets before the different deadlines set by the platform. This succession of announcements marks a new phase for several industry players.

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Story Highlights The current price of the LEO token is LEO could attempt a move toward the $10–$13 range by 2026 if iFinex ecosystem usage continues to expand. By 2030, LEO may target the $40–$45 zone if long-term token burns and platform demand remain strong. UNUS SED LEO is not built like a typical speculative …

BitMart’s planned wind-down is starting to show up in customer withdrawal behavior, according to blockchain monitoring and ongoing user reports. While withdrawals remain available, analytics tracking suggests activity has slowed sharply after the exchange moved toward ending services.

On Monday, Lookonchain reported that only 58 wallets withdrew roughly $805,000 over more than 24 hours, and that BitMart had not processed any withdrawals during the most recent eight-hour window the firm tracked. Separately, multiple users on X described delays or inconsistencies with withdrawal processing, though the claims could not be independently verified.

Key takeaways

• Lookonchain data indicates withdrawal activity from BitMart slowed to near-zero during at least one tracked eight-hour period.
• Users on X reported withdrawal freezes and transactions marked as completed without clear on-chain processing, but these reports were not verified.
• BitMart has said withdrawals will continue, though requests may undergo additional compliance and security checks.
• BitMart’s closure schedule remains under focus: trading is set to end Aug. 26, with full cessation expected by Jan. 31, 2027.
• BitMart’s token (BMX) continued to fall after the shutdown announcement, reflecting deteriorating market sentiment.

Withdrawal activity appears to stall as wind-down proceeds

Lookonchain’s Monday update framed the slowdown through wallet-level monitoring, with 58 wallets withdrawing about $805,000 over a little more than a day. The same report said BitMart did not process withdrawals during the latest eight-hour segment it analyzed, suggesting operational throttling or slower throughput during the wind-down transition.

Beyond the analytics snapshot, social media users continued to post about withdrawal issues. One X user said they received an email claiming a USDT withdrawal had been completed, while their account still showed an “on-chain withdrawal freeze” and the transaction was not processed on-chain. Another user claimed a $30 test withdrawal remained pending for more than 30 minutes. These accounts were presented as individual experiences and were not confirmed by independent evidence in the reporting.

For customers, the practical question is whether BitMart can convert “orderly wind-down” promises into consistently processed outflows. Even when withdrawals remain technically enabled, delays can intensify concern—especially if customers suspect internal holds, address checks, or longer verification queues than before.

BitMart says withdrawals remain available, but checks may tighten

BitMart previously told customers that withdrawals would still be supported while operations unwind. However, it warned that withdrawal requests could face additional compliance and security controls. The exchange’s notice indicated that review processes may include checks of customer identity details, login devices, withdrawal addresses, trading history, and sources of funds.

BitMart also suggested it might request further proof, including identity verification, confirmation of address details, evidence relating to the source of funds, and—where relevant—ownership of the receiving wallet. That framework matters because it points to a mechanism for why withdrawals could appear slower even if the exchange intends to process them eventually.

Cointelegraph attempted to obtain comments from BitMart but did not receive a response before publication. That leaves customers and observers reliant on the exchange’s published guidance, third-party tracking, and user reports to gauge whether checks are running normally or becoming a bottleneck.

Trading ends in stages; platform closure timetable remains the same

The withdrawal scrutiny comes after BitMart announced a staged exit from its business. In its Sunday update, the exchange said it would stop accepting new registrations and deposits, while restricting new spot orders and futures positions.

According to the schedule outlined at the time, trading services are expected to end on Aug. 26. The exchange also stated that the platform will cease operations entirely on Jan. 31, 2027. This longer runway means BitMart’s ability to keep customer exits working—especially during the period leading up to Aug. 26—may be one of the clearest near-term signals of how smoothly it intends to handle assets.

As the wind-down progresses, blockchain visibility adds another layer to the story. Arkham, via its entity explorer, attributed about $69 million in crypto assets to BitMart-linked wallets on Monday, down from roughly $102 million on July 6. While wallet attribution does not automatically confirm which assets remain available to customers at any given moment, the trend is consistent with gradual movements and reallocations during the closure process.

BMX token slumps; acquisition questions return

BitMart’s token performance has also reflected mounting concerns around exchange risk. CoinGecko data showed BMX trading near $0.057 on Monday and down about 81.5% over seven days. Earlier in the week, the token was reportedly around $0.31 late Friday after BitMart’s shutdown plans became public.

Token declines during an exchange wind-down are common, but the magnitude can indicate how aggressively traders are repricing uncertainty around liquidity, support, and distribution mechanics during cessation. For tokenholders and observers, it also underscores the market’s expectation that the transition will not be smooth for all participants.

The closure has revived questions about consolidation in centralized exchanges. Changpeng Zhao, Binance co-founder, commented on X that acquiring a centralized exchange can be more complicated than buying other businesses. He argued that buyers could inherit security vulnerabilities, including backdoors left by prior teams, adding that acquisitions are possible but require greater scrutiny.

In that context, BitMart’s winding down may affect how potential acquirers evaluate operational continuity, customer asset handling processes, and technical risk. Even where an acquisition is feasible on paper, the practical challenges of verifying controls and safeguarding assets can be substantial—especially for platforms already reducing activity and limiting new access.

Looking ahead, customers and market participants should watch whether withdrawal processing returns to steady throughput as checks are completed and whether third-party monitoring shows sustained transaction activity rather than intermittent gaps. Until BitMart demonstrates consistent outflows across different assets and user reports, uncertainty around the final stages of the wind-down is likely to remain a central issue.

This article was originally published as BitMart Withdrawal Speeds Drop After Wind-Down Announcement on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

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With the U.S. Clarity Act facing an uncertain future in the Senate, Republicans reportedly still need at least seven Democratic or independent votes to reach the 60-vote threshold required for passage.  Democratic lawmakers continue opposing the revised bill, largely due to concerns over its ethics provisions. While the legislation could provide greater regulatory clarity for …

A Hyperliquid whale increased its Brent crude short to approximately $24 million as oil markets reopened sharply lower following renewed diplomatic activity between the United States and Iran.

Wallet 0xebe126adabe1a8f08d3ce53b45e7cc994ca14070 held the short through Hyperliquid’s xyz:BRENTOIL perpetual market, with Hyperdash tracking about $1.7 million in unrealized profit after Monday’s decline.

The position was not a newly opened nine-figure oil trade, as several social media posts claimed. Onchain Lens identified the wallet’s Brent short at roughly $17.1 million on July 23, alongside a larger short in SK Hynix-linked contracts and smaller bearish positions across Samsung, Nvidia and Hims & Hers. Total exposure stood near $64.9 million after the trader deposited 31.12 million USDC over three days.

The wallet is pseudonymous. No public evidence connects its owner to Axios, the White House or anyone holding nonpublic information.

Oil Drops As Washington And Tehran Respond

The United States and Iran submitted formal responses to a Pakistani-Qatari proposal aimed at restarting negotiations, Al Arabiya and Al Hadath reported Sunday. Iran had suspended talks rather than withdrawn and remained prepared to continue dialogue under the existing U.S.-Iran memorandum, a regional source said.

The diplomatic push followed two consecutive nights without U.S. strikes after nearly two weeks of military operations. President Donald Trump declined to authorize another proposed attack on Friday and said Washington was continuing discussions with Tehran.

Brent crude fell 4.2% to $92.74 in early Asian trading, while WTI dropped toward $85 as markets reduced part of the supply premium tied to the conflict and the Strait of Hormuz. Iran would halt retaliatory attacks while the U.S. pause remained in place, a senior Iranian official said.

Hyperliquid’s commodity perpetuals remain open during weekends, allowing traders to reposition before CME and ICE futures resume. The platform’s growing oil activity has already prompted CME and ICE to raise manipulation and market-surveillance concerns around anonymous, continuously traded commodity contracts.

Earlier Trades Draw Regulatory Scrutiny

Suspiciously timed oil positions have surfaced repeatedly during shifts in U.S. policy toward Iran. The Commodity Futures Trading Commission began examining trades placed on CME and ICE before earlier ceasefire announcements, including an approximately $950 million bearish bet opened hours before an April policy reversal. That investigation has not been linked to the current Hyperliquid wallet.

The latest decline also follows earlier market swings in which U.S.-Iran deal reports drove liquidations across Bitcoin and oil-sensitive positions. The growth of 24-hour commodity trading has since pushed the CFTC to review CME’s separate plan for round-the-clock WTI futures.

Hyperdash listed the whale’s Brent short near $24.01 million with approximately $1.7 million in unrealized gains after Brent fell below $93.

The post Hyperliquid Whale Expands Brent Short To $24M As U.S.-Iran Talks Revive appeared first on Crypto Adventure.

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.

Stablecoin payments firm Triple-A confirmed that unauthorized access to its treasury wallets resulted in the loss of company-owned digital assets.

On Monday, the Singapore-based company said it detected the unauthorized access on Saturday and temporarily placed certain services into maintenance mode for about three hours while it secured the affected infrastructure. Triple-A said client funds were not affected because it does not custody digital assets on behalf of customers and keeps client funds separately in trust accounts with safeguarding institutions. 

Triple-A did not disclose the amount lost or explain how the wallets were compromised. Onchain investigator Specter previously estimated the losses at about $11.8 million. 

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North Korea-linked hacking group BlueNoroff is using fake Zoom and Microsoft Teams meetings to identify cryptocurrency wallets before choosing which victims receive malware.

JUMPSEC recovered the source code behind an active phishing kit after its operators left JavaScript source maps exposed on live infrastructure. The files revealed an operator-controlled system combining hijacked Telegram accounts, fake meeting pages, wallet reconnaissance and malware delivery.

The campaign begins when a compromised Telegram account belonging to a genuine industry contact sends a meeting invitation. The victim lands on a typosquatted Zoom or Teams page, enters a name and grants webcam access, allowing the site to send the live camera feed to the attacker’s control panel.

The page silently searches for browser wallets through EIP-6963, window.ethereum and non-EVM integrations such as Solana. Detected extensions and wallet providers are transmitted to the operator before a fake Zoom software development kit update is displayed.

AI Faces And Stolen Sessions Extend The Campaign

Arctic Wolf previously found that the group used synthetic faces generated through ChatGPT’s GPT-4o image model and placed them over recorded human body movements. The videos were assembled with Adobe Premiere Pro and FFmpeg to create meeting participants who nod, smile and gesture during the call.

Researchers identified more than 950 files on attacker-controlled infrastructure, including media tied to at least 100 targets. About 80% worked in crypto, blockchain finance or related investment sectors, while founders and chief executives accounted for 45%.

Compromised devices can also expose Telegram Web or desktop sessions. Those accounts are then reused to contact people who already know and trust the victim, extending the same attack through existing professional relationships.

The method builds on daily fake Zoom and Teams attempts targeting crypto professionals, where stolen accounts, familiar meeting participants and fake connection fixes were used to distribute wallet-stealing malware.

Malware Targets Windows And macOS

The Windows attack chain uses a PowerShell loader to download a VBScript implant, add a Microsoft Defender exclusion and restart Defender before delivering later payloads. The malware inventories browser extensions across Chrome, Edge, Brave, Firefox and other browsers to identify wallets such as MetaMask.

The macOS version downloads a decoy Zoom or Teams application while running a separate binary in the background. Recovered commands targeted browser credentials, Apple Keychain data and Telegram session files.

North Korean access campaigns have also reached crypto companies through employment channels, including a DPRK-linked contractor removed from MetaMask after gaining code access.

JUMPSEC expanded the latest infrastructure cluster to more than 60 hostnames across 10 IP addresses, with high- and medium-confidence systems still active on July 24.

The post North Korea-Linked BlueNoroff Uses Fake Zoom Calls To Profile Crypto Wallets appeared first on Crypto Adventure.

Storj Labs filed for Chapter 11 bankruptcy protection on July 26 as the distributed cloud company moves to restructure legacy obligations while preserving its operating business.

The voluntary case was filed in the U.S. Bankruptcy Court for the Northern District of West Virginia under case number 5:26-bk-00512. Initial filing estimates placed both assets and liabilities between $1 million and $10 million, with between one and 49 creditors.

Storj attributed the filing to obligations carried over from an earlier phase of the company rather than a shutdown of its current storage and compute operations. The company is also disposing of previous acquisitions and non-core businesses as it refocuses on its original distributed cloud platform.

Storj software engineering director Kaloyan Raev said the restructuring would give the company a “clean foundation” and create a potential ownership structure shared among management, investors, network participants and STORJ holders. Any reorganisation plan and changes to corporate ownership remain subject to bankruptcy-court approval.

Storage Network To Continue Operating

Storj expects its customer services and underlying network to continue operating during the proceedings. The company plans to meet post-filing obligations in the ordinary course, subject to court supervision and applicable bankruptcy rules.

The platform distributes encrypted portions of customer data across independent storage-node operators and provides S3-compatible object storage, compute and file-access services for media, artificial intelligence and other data-intensive workloads.

Inveniam Capital Partners, which agreed to acquire Storj in October 2025, is supporting the restructuring. The acquisition was presented as a way to integrate Storj’s storage and computing infrastructure into Inveniam’s private-market data platform without changing existing customer contracts, pricing or leadership.

The filing follows Movement Labs entering Chapter 11 with up to $10 million in liabilities on July 15. Bitcoin mining pool operator Poolin later filed for bankruptcy while seeking to sell two Texas mining sites through a court-supervised auction.

STORJ Falls As Token Plan Remains Undisclosed

STORJ traded near $0.074 after dropping more than 10% following the filing. The token remains active on the network and is used to compensate storage operators, but it does not represent an equity claim against Storj Labs under the existing structure.

Storj was founded in 2014 and raised about $30 million through its 2017 token sale, adding to roughly $5 million collected through earlier investment and grants. The company became one of the longest-running projects from the initial coin offering cycle.

Storj has not disclosed how STORJ holders could participate in the reorganised company, how eligibility would be determined or how much equity could be allocated. Those terms would need to appear in a restructuring plan and clear the bankruptcy process before taking effect.

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WEMIX suspended bridges and decentralised trading services after an attacker seized ownership control of a contract tied to its WEMIX$ stablecoin and minted 5,225,525 tokens without authorisation.

The abnormal transactions began at 09:17 UTC on July 26. The attacker converted the unbacked WEMIX$ issuance into 30,736 WEMIX and 724,198.27 USDC.e, then moved the USDC.e through bridges to Ethereum and BNB Smart Chain. The funds were exchanged for ETH and USDT, distributed across several addresses and partly deposited into centralised exchanges.

The $5.23 million figure reflects the face value of the unauthorised stablecoin mint at WEMIX$’s intended dollar price. The confirmed conversion produced a substantially smaller pool of liquid assets before WEMIX halted the affected infrastructure.

WEMIX had already begun replacing WEMIX$ with USDC.e across its gaming and DeFi services, withdrawing foundation liquidity and ending support for several WEMIX$ pools during an April transition.

Bridges And Liquidity Pools Suspended

All bridges connected to WEMIX3.0 were temporarily suspended, including Chainlink CCIP and the PLAY Bridge. Trading stopped in affected liquidity pools, foundation-supplied liquidity was withdrawn and services including the WEMIX$ Module and PNIX decentralised exchange were paused.

Onchain investigator Specter flagged an address beginning 0xc921a66e during the first public tracing of the transactions. WEMIX later identified additional wallets and requested freezes from centralised exchanges and stablecoin issuers. Some addresses had already been restricted while recovery efforts continued.

The exact route used to obtain contract ownership remains under investigation. WEMIX brought in external security specialists and expanded the review to related contracts carrying similar administrative controls.

Second Major WEMIX Breach In 17 Months

The contract takeover follows the February 2025 PLAY Bridge exploit, when stolen authentication credentials allowed 8,654,860 WEMIX, then worth about $6.1 million, to be withdrawn from a bridge vault.

The WEMIX breach followed a more than $9.7 million multichain drain from wallets linked to Triple-A, where assets moved from TRON, Ethereum, Polygon and Arbitrum before being consolidated into 5,227 ETH. A malicious bridge import also released $7.54 million from the Verus Ethereum Bridge, while an earlier signature flaw allowed 515 million NIGHT to leave Wanchain’s Cardano bridge treasury.

WEMIX3.0 bridges, affected liquidity pools, the WEMIX$ Module and PNIX remained suspended while the ownership compromise and final asset movements were reviewed.

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On Friday, SpaceX launched 20 Starlink V3 satellites using its Starship rocket. It was the 13th test flight of Starship. The mission worked. The stock did not care.

Shares of SPCX closed at $115.07, down 2.68% on the day. That price sits just 3.73% above the 52-week low.

For anyone watching the SpaceX stock price, this gap between engineering wins and market moves is the main talking point this week.

Why Is SpaceX Stock Down Today?

The launch was not the problem. Two dates on the calendar are driving the SpaceX stock price prediction conversation instead.

August 4 is SpaceX's first earnings report as a public company. Analysts expect revenue near $6.9 billion, a 47% jump from last quarter. They also expect a net loss of $0.28 per share.

For the full year, SPCX has guided to $18.67 billion in sales, alongside a net loss of $4.94 billion, largely tied to AI and Starship spending.

Two days later, on August 6, roughly 911.5 million insider shares become free to trade. That is the SpaceX share unlock investors keep mentioning. 

It is a large chunk of the free float, and the market is already pricing in the risk. Even Nasdaq-100 inclusion did not help; shares fell 7.2% on that news instead of rising.

SpaceX Stock Forecast 2026: How Far Has It Fallen?

SPCX stock hit an intraday high of $225.64 on June 16, shortly after it began trading. Since then, the SPCX stock price has dropped about 49% from that peak.

In overnight trading, shares slipped further to around $112.80, down 1.97% from the regular close. That is continued selling pressure outside normal hours, and it matters for anyone tracking SpaceX stock news heading into next week.

SpaceX Stock Price Target: What the Chart Shows

The 1-hour chart shows SPCX trading inside a descending channel. Sellers have been in control for weeks. That said, price recently bounced off the $111-$113 support zone.

The RSI has turned up from near-oversold territory. That is often a sign that selling pressure is fading, at least for now, and it opens the door to a short-term relief rally.

Level	Price	What It Means
Key Support	$111	Must hold to avoid deeper drop
Initial Resistance	$120-$125	First hurdle for a bounce
Breakout Target	$134	Possible if volume confirms
Downside Target	$105-$100	If $111 breaks
52-Week Range	$110.85 - $225.64	Full trading range so far
Market Cap	$1.516T (intraday)	Current valuation

As long as SPCX stock holds above $111, buyers may try to push it toward the upper channel line. Initial resistance sits at $120-$125, and a confirmed breakout on strong volume could extend the move toward $134.

A clean break below $111 would do the opposite. It would confirm the downtrend and raise the odds of a slide toward $105, maybe $100.

Will SPCX Stock Go Up or Down Before Earnings?

That is the open question. The setup right now favors a short-term bounce from support, but the broader trend is still cautiously bearish.

Trading activity backs this up. Volume data shows heavy turnover on Binance ($136.08M), OKX ($59.41M), and MEXC ($43.01M) for SPCX derivatives, with long positions outweighing shorts on major exchanges. 

That leans toward more traders betting on a recovery than a further drop, though positioning can shift fast.

Liquidation data shows $345.79K in total rekt over 24 hours, split between longs and shorts, a reminder that this stock is seeing active two-way trading, not just one-directional selling.

SpaceX Stock Prediction Tomorrow and Next Week

The week ahead really comes down to two questions. Will the August 4 earnings report show a real path to profit, or confirm that AI and Starship spending will keep dragging results for years? And will the flood of newly tradable shares on August 6 push SPCX stock below its 52-week low?

The rocket flew. The satellites reached orbit. But for shareholders, the real test starts now.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Stock prices are volatile and can move sharply based on earnings, insider selling, and market sentiment. Always do your own research and consult a licensed financial advisor before making investment decisions.