bitmex to permanently shut down on september 23: the end of an 11-year crypto era
the crypto derivatives pioneer that invented 100x leverage and the perpetual swap contract is officially closing its doors. parent company hdr global trading limited announced that the bitmex exchange will permanently cease all trading operations on september 23, 2026, at 04:00 utc
key dates and user action plan
fund safety status
the crypto derivatives pioneer that invented 100x leverage and the perpetual swap contract is officially closing its doors. parent company hdr global trading limited announced that the bitmex exchange will permanently cease all trading operations on september 23, 2026, at 04:00 utc
key dates and user action plan
july 23, 2026 (immediate): new user registrations have been permanently disabled. all staked $bmex tokens have been unstaked and credited back to user wallets.why this is a historic moment in crypto
august 26, 2026 (risk restrictions): users will no longer be able to open new leverage positions. only position reduction and closing trades will be allowed as bitmex systematically force-closes open contracts.
september 23, 2026 (final shutdown): all remaining open positions will be force-closed. services will switch exclusively to withdrawal mode.
abandoned fund penalty: users who fail to withdraw their funds after the final closure date will be charged a monthly account maintenance fee of $50 or 1% per year (whichever is greater).
invented the perpetual swap: founded in 2014 by arthur hayes, ben delo, and samuel reed, bitmex created the perpetual futures contract with up to 100x leverage. this product became the single most popular trading instrument in global crypto markets.
former market titan: at its peak between 2018 and 2020, bitmex handled roughly 57% of global crypto derivatives volume, regularly processing $3 billion to $5 billion in daily trades.
flawless security record: unlike many legacy exchanges, bitmex operated for over 11 years with zero funds lost to hacks or exploits.
fund safety status
the exchange confirmed that user funds remain fully safe and backed 1:1, with proof of reserves confirming assets exceed liabilities. the decision follows a strategic review rather than insolvency or a sudden hack.
active traders are advised to close open positions and request asset withdrawals early to avoid potential network delays near the final deadline.
bitmart officially announces exchange shutdown: complete breakdown
centralized exchange bitmart has confirmed it will permanently cease all trading services on august 26, 2026, before turning off platform operations completely on january 31, 2027
key timeline & deadline schedule
withdrawal checks & scam warning
market impact
centralized exchange bitmart has confirmed it will permanently cease all trading services on august 26, 2026, before turning off platform operations completely on january 31, 2027
key timeline & deadline schedule
july 26, 2026 (immediate suspension): new account sign-ups, crypto deposits, fiat deposits, and new order placements have been permanently disabled. futures accounts have been placed into reduce-only mode.
august 26, 2026 at 01:00 utc (trading halt): all spot, futures, copy trading, staking, lending, and launchpad services will stop completely. any remaining open futures positions will be automatically force-closed.
august 26, 2026 at 05:00 utc (recommended withdrawal window): bitmart strongly advises users to submit withdrawal requests before this deadline to avoid extended manual compliance checks.
january 31, 2027 at 15:59 utc (final platform shutdown): final day to submit withdrawal requests before all server access and domain operations cease permanently.
withdrawal checks & scam warning
additional verification: withdrawals submitted after august 26 will undergo manual risk screening, including travel rule compliance, sanctions screening, and proof-of-funds verification, which will extend processing times.
scam warning: bitmart explicitly clarified that they will never charge an "expedited withdrawal fee" or ask for account passwords, seed phrases, or 2FA codes.
market impact
native token crash: bitmart's native token $bmx crashed by over 70% within 24 hours of the announcement.
Management Shock: Terminated CEO Nenter Chow stated publicly he was excluded from the decision-making process.
exchange exit trend: bitmart becomes the third trading venue to exit in july 2026 alongside bitmex and exmo.
imagine buying a telegram username for $224 in 2023 and watching live bids climb to $493,000 three years later.
that is currently unfolding with the @polymarket username auction on fragment. live bids have reached 338,000 $gram—valued at approximately $493,000 usd.
what makes this significant
telegram usernames continue to prove they are among the most liquid digital identity assets in web3, and auctions like this keep proving it.
that is currently unfolding with the @polymarket username auction on fragment. live bids have reached 338,000 $gram—valued at approximately $493,000 usd.
what makes this significant
massive valuation jump: acquired in 2023 for under $250, the handle's market value has surged over 2,200x alongside polymarket's global rise as a prediction platform leader
digital real estate speculation: whether the top bidder is an independent domain investor holding out for a resale or polymarket's team securing their brand handle, high-tier handles on fragment command massive capital
full self-custody: handles on fragment exist as ton-based nfts, providing true, un-revokable ownership over social identity
telegram usernames continue to prove they are among the most liquid digital identity assets in web3, and auctions like this keep proving it.
16 years ago today, Satoshi Nakamoto wrote the most legendary quote in crypto history on BitcoinTalk
if you don't believe me or don't get it, I don't have time to try to convince you, sorry
The Real Context Behind the Historic Quote
Quick Context for Newbies
Satoshi built a trillion-dollar decentralized financial network, laid the foundation for Layer-2 scaling, and walked away—leaving no time for doubts
if you don't believe me or don't get it, I don't have time to try to convince you, sorry
The Real Context Behind the Historic Quote
The Target: Satoshi wasn't replying to a random skeptic. He was responding to Daniel Larimer (who later founded BitShares, Steem, and EOS)
The Technical Debate: Larimer argued that Bitcoin’s 10-minute block time was too slow for daily commerce compared to credit cards
The Solution Satoshi Proposed: Nakamoto explained how payment channels could allow near-instant transaction confirmations without waiting for a block—foreshadowing what we now know as the Layer-2 Lightning Network today
The Outcome: When Larimer kept pushing back, Satoshi closed the debate with his iconic line on July 29, 2010
Quick Context for Newbies
Who is Satoshi Nakamoto?
The pseudonymous, anonymous creator (or group of creators) who authored the Bitcoin whitepaper in 2008 and launched the first decentralized cryptocurrency network in 2009 before vanishing in 2010.
What is BitcoinTalk?
The original online forum founded by Satoshi Nakamoto in 2009. It served as the birthplace of early crypto discussions, open-source development, and historical events like the first 10,000 BTC pizza transaction.
Satoshi built a trillion-dollar decentralized financial network, laid the foundation for Layer-2 scaling, and walked away—leaving no time for doubts
DEEP DIVE : Russia’s FSB Charges Telegram Founder Pavel Durov with "Aiding Terrorism" Under Article 205.1 & Issues Arrest Warrant
Russia's Federal Security Service (FSB) officially filed criminal charges against Telegram founder Pavel Durov under Article 205.1, Part 1.1 of the Russian Criminal Code (Facilitating Terrorist Activity) and initiated proceedings to place him on the international wanted list.
1. The Specific Allegations & Official FSB Claims
3. Background Timeline & Operational Hypocrisy
Russia's Federal Security Service (FSB) officially filed criminal charges against Telegram founder Pavel Durov under Article 205.1, Part 1.1 of the Russian Criminal Code (Facilitating Terrorist Activity) and initiated proceedings to place him on the international wanted list.
1. The Specific Allegations & Official FSB Claims
Dating Chatbot Recruitment: Russian authorities specifically targeted "Daivinchik" (Leo)—a massive Telegram dating chatbot. The FSB alleges Ukrainian intelligence operatives posed as young women on the bot to groom and recruit 46 Russian citizens (aged 12–22) for arson, sabotage, and physical attacks on energy and military infrastructure.2. Pavel Durov & Telegram’s Multi-Front Counter-Response
Ignored Removal Orders: Russia’s telecom regulator (Roskomnadzor) claims to have issued over 150,000 official content removal requests to Telegram. The FSB alleges Telegram's refusal to purge these bots and encrypted chats directly resulted in high-profile attacks—including the Crocus City Hall tragedy, assassinations of high-ranking military officials, and over 153,000 platform-linked crimes recorded since 2022.
Official Telegram X Account: Minutes after the FSB press release, Telegram’s official X handle responded by posting an unedited image of Durov extending his middle finger.
Personal Telegram Account Satire: Durov updated his personal verified Telegram account (@monk) avatar to an AI-edited photo of himself in full extremist attire—mocking the Kremlin’s narrative. His profile bio was updated with a satirical audio track referencing VPN bans and state censorship.
His Direct Stance: Addressing ongoing state prosecution, Durov previously noted:
"They must be suspecting me of defending Articles 29 and 23 of the Russian Constitution — which guarantee freedom of speech and the right to private correspondence. Proud to be guilty!"
3. Background Timeline & Operational Hypocrisy
The April 2026 Precursor: Russian authorities formally delivered a suspect summons for "P.V. Durov" to a Saint Petersburg apartment building Durov hasn't lived in for over 20 years.
Extradition & Legal Immunity: Holding dual citizenship in France and the UAE while operating out of Dubai, Durov faces near-zero physical extradition risk to Russia.
The Push for State Surveillance: Russia is using the charges to force citizens off Telegram and onto "MAX"—a state-controlled messaging platform lacking end-to-end encryption that mandates direct data sharing with intelligence agencies.
The Operational Hypocrisy: Despite restricting the platform for everyday citizens, the Russian Ministry of Defense, state media, and frontline military units remain heavily reliant on Telegram as their primary real-time battlefield communication channel.
the auction for the telegram username @polymarket has officially ended with a winning bid of 354,900 $gram, making it one of the largest verified username sales on fragment in recent months
whether the broader market is bullish or bearish, secondary market activity across the $gram / ton ecosystem continues to stand out
Top sales of the week. 20 most expensive
whether the broader market is bullish or bearish, secondary market activity across the $gram / ton ecosystem continues to stand out
Top sales of the week. 20 most expensive
@polymarket — 354,900 $gram
@cole — 66,666 $gram
@monkey — 26,686 $gram
@wingram — 20,000 $gram
@pornhubbot — 18,090 $gram
@friend — 17,777 $gram
@trxbot — 13,888 $gram
@okey — 12,400 $gram
@theproduct — 12,000 $gram*
@a999 — 10,000 $gram
@grieve — 10,000 $gram*
@coal — 8,888 $gram
@drained — 8,390 $gram
@castle — 7,777 $gram
@nobu — 7,500 $gram
@limb — 6,817 $gram
@oktapus — 6,969 $gram*
@pace — 6,183 $gram
* note: flagged as potential self-mint / wash trading transfers
TELEGRAM & TON INTEL BRIEFING
Pavel Durov Unveils 240 Limited-Edition On-Chain Awards
High-Tier Collectible Transactions
Fine Pen Upgrades & Strategic Accumulation
Profile UI Redesign Leak
App Store Vulnerability Neutralized
$1 Social Engineering Fraud Mechanism
Pavel Durov Unveils 240 Limited-Edition On-Chain Awards
Event Structure: Pavel Durov officially announced Telegram's sponsorship of the International Olympiad in Artificial Intelligence (IOAI 2026)
Asset Issuance: A total of 240 exclusive "Intelligence Cups" will be minted and distributed directly to IOAI medalists
Guaranteed Buyback Floor:
Gold Cup: $1,000 minimum guaranteed buyback
Silver Cup: $500 minimum guaranteed buyback
Bronze Cup: $300 minimum guaranteed buyback
Ecosystem Mechanics: Telegram guarantees a baseline floor price to limit secondary market dumping, control token supply, and systematically drive secondary valuation upwards
Prior Context: Telegram designer Adler Toberg had previously teased this rollout via subtle channel signals
High-Tier Collectible Transactions
Scared Cat Record Trade: A rare Scared Cat Celestia Black was exchanged for a Plush Pepe Hue Jester plus an additional cash/token consideration of $5,800 (~4,138 GRAM)
Total Valuation: Estimated at $13,000 (~8,664 GRAM), marking a historical record high for any model within the Celestia series
Pepe Glasses Liquidity: A newly upgraded pair of Pepe Glasses featuring a rare black background executed a sale on the MRKT platform for $9,500 (~6,666 GRAM)
Fine Pen Upgrades & Strategic Accumulation
Fine Pen Functional Updates: Telegram deployed native updates to the Fine Pen collectible gift asset, unlocking integrated sticker packs and custom emoji packs
Serial #1 Acquisition: The flagship FinePen #1 NFT was officially acquired by buyer @surfer
Pavel Durov Concentration: Pavel Durov directly accumulated serial IDs #2 through #8 of the FinePen collection
t.me/nft/FinePen-2
t.me/nft/FinePen-3
t.me/nft/FinePen-4
t.me/nft/FinePen-5
t.me/nft/FinePen-6
t.me/nft/FinePen-7
t.me/nft/FinePen-8
Market Impact: High-profile concentration across serial #1 to #8 validates institutional interest in upgraded digital gift collectibles on TON
Profile UI Redesign Leak
Visual Concept: Leaked concept UI designs from internal Telegram UI designers reveal an upcoming layout transformation for user profile cards
Web3 Integration: The new design prioritizes direct profile exposure for user-owned digital collectibles, upgraded gifts, NFT badges, and verified Fragment handles directly on the main account card
Visual Previews: Leaked concept UI samples and visual previews are provided in the comments section below
App Store Vulnerability Neutralized
Exploit Details: Malicious actors attempted an automated extortion scheme by retroactively injecting illicit content into public groups via scripts to trigger App Store moderation
Resolution: Telegram patched the vulnerabilities and reinstated full iOS operational status immediately
$1 Social Engineering Fraud Mechanism
Incident Analysis: A highly sought-after Plush Pepe (3% rarity model) was liquidated on the market for $1. Subsequent investigation confirmed a security breach rather than a legitimate transaction
Exploit Vector: Attackers engaged the victim in a voice/video call with screen sharing active. By visually observing the victim's OTP and verification prompts on-screen, the attacker gained full unauthorized session access and transferred the asset instantly
Mandatory Safety Protocol: Never share device screens or allow visibility of login codes during live communications. On-chain transfers on the TON blockchain are non-reversible once executed
TELEGRAM GIFT SYSTEM: INSIDER EXPLOIT OR DATABASE MANIPULATION?
New investigations and transaction logs point to structural anomalies in Telegram’s gift upgrade queue, raising serious fairness concerns
The Anomaly
How It Works Under the Hood
Should platform developers be allowed to participate in high-value asset drops?
New investigations and transaction logs point to structural anomalies in Telegram’s gift upgrade queue, raising serious fairness concerns
The Anomaly
Sequential Gaps: Automated scripts and log analysis show standard serial numbers processing instantly, while prestigious "OG" numbers (like #5555, #7777, #8888) frequently vanish, only to reappear minutes later under a single user ("Tanya")
The Link: Reports connect the account to internal developers, indicating potential database-level prioritization
How It Works Under the Hood
Centralized Control: While final NFTs live on the TON blockchain, attribute generation and upgrade queues are managed entirely on Telegram's closed-source central servers
The Vulnerability: Direct database access allows administrators to preview rarity tables and apply temporary locks or execution pauses on specific serial numbers, blocking regular users
Should platform developers be allowed to participate in high-value asset drops?
RUSSIA ARRESTS CITIZENS FOR SENDING TELEGRAM STARS 😅
Russian authorities are cracking down on digital activity, arresting citizens who use micro-transactions on Telegram
The Cause: Using paid reactions or "Telegram Stars" to support channels flagged or banned by the state for extremist or terrorist activities.
The Penalty: Under Russian law, these micro-payments are treated as financing terrorism, carrying sentences of up to 15 years in prison
The Context: State security forces are closely monitoring digital footprints, proving that even a simple reaction button can be tracked as a financial transaction by the government
Russian authorities are cracking down on digital activity, arresting citizens who use micro-transactions on Telegram
The Cause: Using paid reactions or "Telegram Stars" to support channels flagged or banned by the state for extremist or terrorist activities.
The Penalty: Under Russian law, these micro-payments are treated as financing terrorism, carrying sentences of up to 15 years in prison
The Context: State security forces are closely monitoring digital footprints, proving that even a simple reaction button can be tracked as a financial transaction by the government
Please open Telegram to view this post
VIEW IN TELEGRAM
Tech bros are out of control.
Zuck spent $80B+ on the Metaverse, failed, and now claims smartphones are dead while pushing personal AI agents everywhere.
Elon promised self-driving by 2018, and now claims Teslas will use rocket boosters to fly.
One wants AI managing daily existence, the other wants airborne cars.
Zuck spent $80B+ on the Metaverse, failed, and now claims smartphones are dead while pushing personal AI agents everywhere.
Elon promised self-driving by 2018, and now claims Teslas will use rocket boosters to fly.
One wants AI managing daily existence, the other wants airborne cars.
Who the f* is this pathetic 14-year-old kid sending bots to my channel and group? You lowlife piece of s*, do you seriously think you are doing something big here?
I see your exact pathetic pattern, you motherfer: Every single time I post a promo ad for a client, you trigger a bot raid. Whether you are a jealous hater, a toxic competitor, some broke loser, or some motherfing anti-bot bot owner who wants to sell their trash anti-bot service—we know exactly how desperate and worthless you are
From now on, every single bot you send to my or my client's channel means your mother is having a physical relationship with someone. Keep wasting your pocket money or server memory for zero return, you f***ing clown. Keep crying behind your screen and wasting your pathetic life for absolutely nothing
I see your exact pathetic pattern, you motherfer: Every single time I post a promo ad for a client, you trigger a bot raid. Whether you are a jealous hater, a toxic competitor, some broke loser, or some motherfing anti-bot bot owner who wants to sell their trash anti-bot service—we know exactly how desperate and worthless you are
From now on, every single bot you send to my or my client's channel means your mother is having a physical relationship with someone. Keep wasting your pocket money or server memory for zero return, you f***ing clown. Keep crying behind your screen and wasting your pathetic life for absolutely nothing
Ayo cabrones, straight up zero energy today, lying in bed eating chips and completely unbothered 😎
Too lazy to dig up market news today, so this comment section is officially the newsfeed
What wild stuff is happening around you or across the world right now? Did you get scammed, or were you the one pulling the scam? Did your girlfriend dump you, or did you cheat on her? What’s going down in crypto, tech, or AI right now?😀
Spill the craziest, most chaotic updates you’ve got down below. Go through each other's comments and check out the news—I’m reading every single one. VAMOS!
Too lazy to dig up market news today, so this comment section is officially the newsfeed
What wild stuff is happening around you or across the world right now? Did you get scammed, or were you the one pulling the scam? Did your girlfriend dump you, or did you cheat on her? What’s going down in crypto, tech, or AI right now?
Spill the craziest, most chaotic updates you’ve got down below. Go through each other's comments and check out the news—I’m reading every single one. VAMOS!
Please open Telegram to view this post
VIEW IN TELEGRAM