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CATEGORY: last crypto exchanges news


Apr 16, 2025 03:35

WhiteBIT Earns Spot On Coinglass As A Trusted Exchange For Market Data

WhiteBIT has secured the 6th position on Coinglass, joining a select group of just 19 cryptocurrency exchanges recognized for excellence in data reliability and transparency.As the leading crypto exchange in Europe by user traffic, WhiteBITs inclusion on Coinglass, a respected platform for derivatives data analytics, is a testament to its credibility and dedication to providing accurate market insights to traders and investors.Coinglass is known for its stringent listing standards, evaluating platforms based on reliability, liquidity, and operational integrity. WhiteBITs strong placement in this exclusive ranking underscores its role as a go-to destination for dependable digital asset trading.WhiteBIT Founder and President Volodymyr Nosov shared his thoughts on the recognition:"In todays dynamic crypto environment, having transparent, real-time data is critical. This milestone reflects our ongoing commitment to empowering traders with actionable insights and dependable tools for market analysis."Unlocking Deeper Analytics with WhiteBIT Derivative DataWith its integration into Coinglass, WhiteBITs derivative trading data is now featured across several high-visibility sections of the platform, giving users access to a broad range of insights: Home Page: Highlighted among top-tier exchanges for visibility. Exchanges Section: Detailed metrics to guide trade decisions. Open Interest: Valuable data on market positioning. Funding Rates: Insights for perpetual futures traders. Longs/Shorts Ratio: Real-time sentiment analysis. Supercharts: Advanced visualization for deep market dives.This integration benefits the broader crypto community by offering strategic tools to make informed trading moves, further bolstering WhiteBITs reputation as a global leader in digital asset exchange.Strong Emphasis on Security and Regulatory StandardsWhiteBIT continues to prioritize user safety through a suite of robust security protocols. These include cold storage solutions, two-factor authentication, anti-phishing systems, and ongoing security audits.The platform holds several industry-leading certifications: ISO/IEC 27001: International standard for information security. PCI DSS Level 1: Top-tier protection for payment data. CCSS Level 3: The highest standard in crypto exchange security, a distinction WhiteBIT uniquely holds.WhiteBIT also complies with global regulatory frameworks, providing users with a secure and transparent trading environment.About WhiteBITEstablished in 2018, WhiteBIT is Europes most visited crypto exchange, featuring more than 730 trading pairs and over 330 digital assets, along with support for 9 fiat currencies. With a user base exceeding 35 million globally, the platform is part of the WhiteBIT Group and has formed high-profile partnerships with brands like Visa, FACEIT, FC Barcelona, Trabzonspor, and the Ukrainian national football team. WhiteBIT is dedicated to advancing blockchain adoption worldwide.

Mar 30, 2025 04:35

Donald Trump Grants Presidential Pardon to Arthur Hayes and Three Former BitMEX Execs

President Donald Trump has granted pardons to the three co-founders of the prominent crypto exchange, BitMEX, and a fourth high-ranking employee.The pro-crypto president granted pardon to BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed alongside Gregory Dwyer, the former head of business development, media outlet CNBC reported. The four BitMEX employees pleaded guilty to one count of violating the Bank Secrecy Act in 2020, each receiving different punishments.However, Trump has exempted them from the repercussions of the criminal sentencing on Thursday, adding to the list of crypto-related pardons from the president. Notably, such clemency does not erase records of the wrongdoing but erases all corporate penalties tied to the pardoned offense.BitMEX Employees Receive PardonThe Commodity Futures Trading Commission sued Hayes, Delo, and Reed in October 2020 for operating BitMEX without due licensing from the regulator. Under their leadership, the exchange also failed to implement crucial requirements like Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, allegedly making it a facilitator of criminal laundering activities.The trio pleaded guilty to the case, and federal prosecutors ordered them to pay a combined $30 million in civil penalties. Furthermore, they sentenced Hayes to six months of house arrest and two years of probation, while Delo and Reeds received 30 months and 18 months of probation, respectively.Meanwhile, the CFTC slammed Dwyer with a $150,000 fine and 18 months of probation. Subsequently, a federal court ordered BitMEX to pay a $100 million fine for the Bank Secrecy Act violation.Thank You POTUSThe presidential pardon sparked reactions from the involved individuals, who expressed appreciation. Hayes took to X to applaud Trumps forgiveness.Thank you POTUS, Hayes tweeted.https://twitter.com/CryptoHayes/status/1905717739517587555Moreover, Delo stated that the pardon vindicated the wrongful criminal indictment against him and other BitMEX founders. He insisted that Trump has righted a legal wrong done years ago from an obscure perspective.Thursday reports also confirmed that Trump pardoned Trevor Milton, the founder of electric truck manufacturer Nikola, for his criminal charges of breaking securities law. The president had earlier acquitted Silk Roads Ross Ulbricht, while parents of disgraced FTX founder Sam Bankman-Fried are vying for a similar pardon.

Mar 29, 2025 03:35

US SEC Officially Ends Cases with Kraken, Cumberland, and Consensys

The US SEC has continued its newfound course of rectifying its approach toward the digital assets industry after dropping lawsuits against multiple crypto firms.On Thursday, the US Securities and Exchange Commission filed a joint stipulation to dismiss fresh cases against three major crypto firms. The top regulator disclosed that it is dropping its litigation against Kraken, Cumberland, and Consensys.The joint stipulation shows an agreement between the SEC and the firms to dismiss the case with prejudice, marking the end of the legal proceedings. This also comes without any settlements or fees, with the defendant and the commission independently bearing legal costs.Screenshot of the Joint StipulationSEC Intensifies Efforts for ClarityMeanwhile, the Thursday lawsuit dismissal trails several other litigations the SEC has dropped lately amid its pursuit for clarity under US President Donald Trump. The regulator has officially ended its case against Coinbase, and dropped investigations into OpenSea, Robinhood, and Uniswap, among others.Under acting chairperson Mark T. Uyeda, the commission stressed the irrelevance of these litigations, which former boss Gary Gensler mostly filed. The agency stated it has created a crypto task force to create a regulatory framework for digital assets; hence, it finds the dismissal appropriate.Nonetheless, the US SEC emphasized that its dismissal of the case does not in any way reflect its stance on any of the lawsuits. However, it is part of its resolution to pursue a more pragmatic approach in handling the nascent industry.Furthermore, it follows a broader adoption of cryptocurrency in the United States. President Trump has vowed to make America the world capital of digital assets and AI, promising to dismantle the former administration's regulatory war against the industry.Lawsuit Politically Motivated: KrakenNotably, the dismissal drew comments from involved crypto firms, who expressed satisfaction over the latest SEC efforts. Prominent crypto exchange Kraken noted that the move was pivotal for the firm and the broader crypto industry.However, it branded the lawsuit a wasteful, politically motivated campaign by the former administration against the industry. Nonetheless, Kraken appreciated the new administration and the White House's forward-thinking approach toward digital assets.Cumberland also used a tone similar to Kraken, adding that it would continue collaborating with the regulator to ensure compliance.

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