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Binance Exits Russia
Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country. The transition will take up to a year, ensuring a smooth migration for existing russian users. Notably, CommEX is a newly launched exchange, just one day into its official journey. Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market: “There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.” Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform. 
Joseph Lam Detained Over JPEX Crypto Exchange Links
Hong Kong police have arrested Joseph Lam, a crypto influencer and former lawyer, in connection with the ongoing investigation into cryptocurrency exchange JPEX. Lam, who has over 190,000 Instagram followers, was arrested today and his office was raided. The arrest follows the Securities and Futures Commission's warning against JPEX for misleading statements about its licensing status. The police have received at least 83 complaints involving JPEX, with virtual assets worth about HK$34 million ($4.3 million) reported. 
Can Wall Street Memes (WSM) Match PEPE's Stellar Performance?
The Wall Street Memes (WSM) meme token is slated for listing on OKX Exchange, happening today at 10:00 GMT. A similar event with PEPE saw the token's price soar with a 15x increase. But what exactly is Wall Street Memes? Originating from Reddit a few years back, this meme community has grown to nearly 800,000 members across different social media platforms, humorously dissecting crypto and financial news. Before rolling out the WSM token in May, they were renowned for their Wall Street Bulls NFT collection. Their token's presale has drawn to a close, amassing approximately $25 million with the token's cost fixed at $0.0337. 
Arthur Hayes: A Figure of Inspiration and Debate
Arthur Hayes stands as a prominent name in the cryptocurrency realm, recognized as one of the youngest African-American billionaires in history. He co-founded BitMEX, which, incidentally, led him into legal controversies. This exchange pioneered the trading of crypto derivatives, introducing the now-widely adopted perpetual contracts. Hot Wallet Breach at HTX (Huobi): $7.9 Million Gone
Yesterday, the Cyvers team raised alarms over a questionable HTX transaction. Their concerns grew when there was no communication in return.
Fast forward to today, the damage is clear: 5,000 ETH, or $7.9 million, is gone, snatched by a hacker.
The HTX team has proposed a 5% reward for the return of the funds. Should the hacker decline, they plan to engage law enforcement.
"Compared to the $3 billion in assets held by Huobi HTX users, $8 million is a small number. This is only equivalent to two weeks of revenue from the HTX platform," Justin Sun stated in X.
The underlying issue behind the breach has been eliminated, he adds, and the exchange will reimburse the lost amount. 
FTX Sues Founder's Parents for Fraudulent Transfers
The bankruptcy estate of crypto exchange FTX has filed a lawsuit against Joseph Bankman and Barbara Fried, parents of FTX founder Sam Bankman-Fried. The suit aims to recover millions of dollars in funds allegedly transferred and misappropriated fraudulently. 
