BitMEX sale collapsed as buyers balked at founder ownership and shrinking business

Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.
Key Takeaways
- Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Saylor Says ‘Bitcoin Doesn’t Need CLARITY’ as Senate Delays Vote
Michael Saylor said Bitcoin can advance without the CLARITY Act while urging the United States to establish clearer digital asset rules. The comments came as lawmakers pushed a potential Senate vote on the crypto market structure bill to September. Saylor…

Bitcoin holders risk losing real BTC if they sell coins from BIP-110 fork, says developer
If a minority chain appears this weekend, buyers could replay signed fork-coin sales on bitcoin itself, making doing nothing the safest move until the chains can be separated.

Lummis Warns US Crypto Rules Remain Broken as CLARITY Fight Stalls
U.S. Senator Cynthia Lummis is renewing her push for the CLARITY Act as Senate action stalls. The legislation would establish digital asset market rules, strengthen customer protections, and give federal authorities clearer enforcement powers. Lummis Renews…