Popular exchange shuts down after 8 years, here is everything you need to know

The collapse of BitMart and BitMEX proves that no crypto exchange is "too established" to disappear. These industry pioneers are folding, leaving users with tight deadlines to claw back their funds or risk losing them forever. If the platforms that literally invented modern crypto trading can't survive these market conditions, why should we trust any centralized exchange with our assets? Is this the beginning of a total wipeout for centralized trading? What’s your take?
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