The crypto industry saw a mix of operational changes, security developments and shifting institutional investment trends today. BitMart announced it will wind down its exchange operations, Binance revealed its aggressive employee cybersecurity programme, and US spot Ethereum ETFs recorded their first daily outflows after five consecutive sessions of gains.
BitMart Begins Orderly Exchange Shutdown
Crypto exchange BitMart has confirmed it will gradually wind down its trading platform, with all trading services scheduled to end on 26 August 2026 before the platform officially ceases operations on 31 January 2027.
The exchange has already stopped new user registrations and deposits, while futures trading has entered reduce-only mode and spot markets are no longer accepting new orders. Users have been advised to close positions and withdraw their assets before the final deadlines.
Binance Uses Monthly Phishing Tests to Strengthen Security
Binance disclosed that it conducts monthly simulated phishing attacks against its own employees to improve cybersecurity awareness and defend against social engineering attacks.
According to Chief Security Officer Jimmy Su, staff members who repeatedly fail the security exercises receive additional training, while persistent failures can negatively impact performance reviews and may ultimately lead to dismissal. The programme reflects the growing focus on human security as phishing remains one of crypto’s biggest cyber threats.
Ethereum ETF Inflow Streak Comes to an End
US spot Ethereum ETFs recorded $70.62 million in net outflows on Friday, ending a five-day inflow streak that had brought more than $211 million into the funds.
Despite the daily reversal, Ethereum ETFs still posted $103.9 million in net inflows for the week and have attracted $337.74 million so far in July, extending their weekly positive streak to three consecutive weeks.
Bitcoin ETFs also experienced continued profit-taking, recording $240.08 million in net outflows after ending their seven-day inflow streak earlier in the week. While short-term sentiment has softened, both Bitcoin and Ethereum ETFs continue to show positive institutional demand over the broader monthly trend.
