#exchange

Volodymyr Nosov, the CEO and founder of WhiteBIT, a major European cryptocurrency exchange, now serves as Ukraine’s Honorary Consul on the Balearic Islands, with the consulate opening in Palma de Mallorca.

Bitcoin reached a historic peak of $98,000 on November 21, bringing it closer than ever to the $100,000 milestone. On the Deribit exchange, Bitcoin futures have already breached this level for contracts set to expire in March, June, and September 2025.

AERO, the native token of the Aerodrome decentralized exchange, is gaining traction among prominent figures in the crypto market, including Tier-1 fund Coinbase Ventures and renowned crypto investor Arthur Hayes.

Binance, a leading crypto exchange by trading volume, announced the launch of a new asset, BFUSD. The news has been actively shared on social media, with many users on X assuming BFUSD is a stablecoin.

18 US states filed a lawsuit against the Securities and Exchange Commission (SEC) and five commissioners under the leadership of Chair Gary Gensler.

Revolut, the crypto-focused neobank, is scaling up its exchange platform, Revolut X, to cover 30 new countries in the European Economic Area (EEA). Aimed at seasoned crypto traders, the platform now includes regions like Belgium, Cyprus, Denmark, among others.

The bankrupt exchange FTX continues its legal pursuit against former partners and clients to recover funds for creditors. The latest targets are Binance and its former CEO Changpeng Zhao, from whom FTX seeks to reclaim $1.8 billion.

Defunct crypto exchange Mt. Gox transferred over 32,000 Bitcoins valued at around $2.2 billion to unknown wallets, data from blockchain analysis platform Arkham Intelligence shows.

Blockchain gaming company Immutable received a Wells Notice from the US SEC (Securities and Exchange Commission). This means the agency is considering filing a lawsuit against Immutable for violating securities law.

WhiteBIT, Europe’s largest cryptocurrency exchange, has unveiled Auto-Invest, a feature that takes the hassle out of buying cryptocurrencies by automating the process entirely.

Investment firm Bitwise has filed with the U.S. Securities and Exchange Commission (SEC) for a trust fund in Delaware, signaling a potential move to apply for a spot ETF for Solana.

A U.S. federal judge has denied Kraken’s attempt to challenge a decision allowing the SEC’s case against the exchange to proceed. The legal battle between one of the largest crypto exchanges and the regulator is far from over.

Ilya Lichtenstein, who hacked the Bitfinex cryptocurrency exchange and laundered 119,754 BTC (now valued at approximately $10.5 billion), received a five-year prison sentence instead of the potential twenty, thanks to his collaboration with authorities. At the time of the hack, the stolen assets were valued at $71 million.

Leading U.S. crypto exchange Coinbase has launched the Coinbase 50 Index, also called Coin50, as its new market benchmark.

Mark Uyeda, a Commissioner of the US SEC (Securities and Exchange Commission) and lead chair candidate says the war on crypto will end under Donald Trump’s administration.

Binance’s legal counsel has submitted a fresh motion to the court, requesting the dismissal of the SEC’s updated complaint against the exchange.

On October 30, 2024, the American crypto exchange Kraken announced significant layoffs, marking it as the third major crypto company to reduce its workforce this week.