#exchange

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.

Deutsche Börse, one of Europe’s major stock exchange groups, intends to launch a regulated cryptocurrency exchange in 2024.

Binance has introduced its new Web3 wallet, offering compatibility with thirty different blockchains and a range of standard features (trading, staking, and NFTs). The company's objective is to compete with well-established applications like MetaMask and Trust Wallet, although the latter is already part of the exchange’s portfolio.

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.

Wintermute, an algorithmic trading firm in digital assets, accuses NEAR Foundation and Aurora of failing to uphold their agreement involving the conversion of $11 million worth of the now-defunct USN stablecoin to USDT. These tokens originated from the now-defunct FTX exchange and were acquired by Wintermute in exchange for fiat currency with the assurance of a complete conversion.

The Securities and Exchange Commission (SEC) is urging a New York judge to reach a verdict in its lawsuit against Terraform Labs and co-founder Do Kwon without the need for a full trial.