BitMart announced the wind-down of its exchange platform, with trading activities set to cease by August 26. The BMX token resumed its decline after a brief rebound, dropping below the $0.10 threshold. Several users reported longer-than-usual withdrawal times, with some USDT withdrawal requests remaining pending for hours. According to Arkham data, wallets attributed to BitMart held approximately $71 million in crypto assets on Sunday, down from roughly $102 million on July 6. Approximately $41.5 million was held in WeFi’s WFI tokens, the stablecoin banking platform.
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