Binance's newly appointed CEO, Richard Teng, proclaimed that the cryptocurrency exchange is evolving from a defiant tech startup to a conventional financial institution.
The bankrupt crypto lender Genesis has filed a lawsuit against the crypto exchange Gemini, seeking recovery of $689 million in preferential transfers.
Ichigo, a company based in Japan, is set to introduce the first-ever trade of tokenized securities on the Osaka Digital Exchange (ODX), with assets backed by real estate and valued at $20 million. Similarly, Kenedix, another company specializing in real estate, is planning to launch comparable initiatives.
Under the leadership of Tom Farley, ex-President of NYSE, Bullish, an institutional crypto exchange, has officially taken ownership of the news platform CoinDesk from Digital Currency Group. Investment plans are in place for CoinDesk, though details remain under wraps.
Offering a deal of $10 million, Justin Sun has reached out to the hacker behind the Poloniex cryptocurrency exchange breach to recover the stolen funds. Sun asserts that the hacker's identity is no secret, with international law enforcement ready to intervene following a formal complaint from the exchange.
Crypto exchange HashKey has unveiled its listing fee structure. Projects face an initial $10,000 charge for their application review. This fee is non-refundable, even if the application is rejected, and with no upfront listing guarantees.
The group will be focusing on a key aspect FTX was criticized for: safeguarding customer funds.
Antonio Juliano, the creator of the decentralized exchange protocol dYdX, recently shed light on an insurance fund incident. He specified that it occurred on the v3 chain, not the dYdX Chain, resulting in a loss of $9 million for the platform.
Tether has executed a significant freeze of $225 million in assets, targeting an international crime ring involved in human trafficking. This strategic move was a result of a collaboration between Tether, the U.S. Department of Justice, and the cryptocurrency exchange OKX.
Ross Rheingans-Yoo, an ex-employee of the now-bankrupt crypto exchange FTX's charitable arm, is pursuing legal action to claim the remaining $275,000 of a bonus he asserts was promised by Sam Bankman-Fried upon his recruitment. He has reportedly only received $375,000 for his tenure, which lasted less than a full year.
