加密交易所 Kraken 宣布在美国（多数州）、欧盟和加拿大推出 DeFi Earn 产品，旨在为中心化交易所 用户提供便捷的链上收益机会。该产品通过 Veda 的金库基础设施运行，首批 USDC 金库由 Chaos Labs 与 Sentora 负责风控与管理，资金将配置至 Aave、Morpho、Sky、Tydro 等主流链上协议，最高年化收 益率可达 8%。（The Block） （来源：吴说） ...

Core Insights - Major cryptocurrency exchanges are competing to launch crypto token products that track U.S. stocks, creating a parallel stock market outside the U.S. regulatory framework, allowing overseas investors to bypass traditional brokerage restrictions on trading U.S. stocks, raising concerns about market manipulation and regulatory arbitrage [1][4] Group 1: Market Trends - Binance is exploring the reintroduction of stock tokens after previously halting them due to regulatory warnings from Germany in 2021 [1][3] - Other exchanges like OKX, Kraken, and Bitget are also considering or have made progress in offering tokenized stocks, with Kraken reporting strong demand from clients in Europe, Latin America, and Asia [2][3] - The total value of circulating tokenized stocks is currently $915 million, reflecting a 19% increase over the past month, although this remains small compared to the $60 trillion market capitalization of the S&P 500 [1][3] Group 2: Regulatory Landscape - U.S. lawmakers and regulators have yet to determine how to handle tokenized stocks, which has stalled a cryptocurrency market structure bill in Congress [4][5] - Coinbase is advocating for modifications to the bill to allow certain exemptions for tokenized stock products from existing securities rules, believing blockchain technology makes some rules unnecessary [5] Group 3: Risks and Challenges - Tokenized stocks are not actual equity but are issued by third parties like xStocks and Ondo Finance, which purchase U.S. stocks and place them in offshore special purpose entities [3][6] - The trading volume of tokenized stocks is still low and concentrated on popular stocks, making them susceptible to market manipulation due to their small scale [3][6] - The structure of tokenized stocks poses risks, as companies may either buy stocks and place them in special entities or use financial derivatives, which can lead to potential issues for investors [6]

OKX 星球社区产品负责人 Jason 在 OKX 年夜饭活动上表示，OKX 星球社区已启动公测，这是 OKX 首 次尝试打造集资讯、交易机会、创作者与社群于一体的加密社区。该产品涵盖公域创作、人设展示、直 播互动及私域社群四大阵地。在激励方面，社区设有每周现金奖池，根据用户价值、互动及在线时长动 态计算，用户粘度与交易越活跃，创作者激励越高。 （来源：吴说） ...

Core Insights - The US Securities and Exchange Commission (SEC) has agreed to dismiss its enforcement case against Gemini after investors in its lending program fully recovered their crypto assets [1][3][9] Group 1: Case Background - The SEC's case against Gemini stemmed from accusations in January 2023 that Gemini Trust Company and Genesis Global Capital offered unregistered securities through the Gemini Earn program [4] - At its peak, the Gemini Earn program held approximately $940 million in customer assets, which were frozen in November 2022 when Genesis halted withdrawals [4][5] Group 2: Repayment Process - The complete repayment of assets to users of the Gemini Earn program occurred through the Genesis Global Capital bankruptcy process, with repayments finalized between May and June 2024 [2][9] - The SEC noted that the decision to dismiss the case was based on the "100 percent in-kind return" of crypto assets to affected investors, meaning customers received the same digital assets they originally deposited [3][6] Group 3: Regulatory Environment - The dismissal of the case reflects a broader shift in the SEC's approach to digital asset regulation, coinciding with a more accommodating stance from the current US administration [7] - The SEC emphasized that the dismissal does not indicate its position on other crypto-related enforcement actions, highlighting that the decision was specific to the facts of the Gemini case [8]

吴说获悉，Coinbase Markets 表示，已于今日将 Doodles（DOOD）和 Moonbirds（BIRB）加入资产上线 路线图；上述资产的交易上线取决于做市支持及充足的技术基础设施，相关条件满足后将另行公布具体 交易上线安排。 （来源：吴说） ...

Core Viewpoint - Major cryptocurrency exchanges are advancing or have launched "tokenized US stocks" products to provide global users with exposure to US stock prices through cryptocurrency [1] Group 1: Companies Involved - Binance and OKX are evaluating the re-launch or initial launch of tokenized stock products [1] - Kraken and Bitget have gained market attention in the tokenized stock sector [1] - Decentralized platforms like Jupiter are also participating in this market [1] Group 2: Market Infrastructure - Key players in the tokenized stock issuance and infrastructure include Ondo Finance and Kraken's xStocks [1]

Core Viewpoint - Caroline Ellison, former head of Alameda Research and key witness in the FTX case, has been released from federal custody after serving approximately 14 months of her 2-year sentence for fraud and conspiracy related to the misappropriation of FTX customer funds [1] Group 1 - Ellison agreed to forfeit approximately $11 billion in assets related to the case as part of her plea agreement and settlement [1] - She is subject to a regulatory re-entry program and a 10-year ban from serving as an executive or director of any company [1] - FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison [1]

Core Viewpoint - Coinbase has established an "Independent Advisory Committee on Quantum Computing and Blockchain" to assess the potential impact of quantum computing on blockchain security and provide independent guidance to the industry [1] Group 1 - The committee is composed of top global experts in the field, including Scott Aaronson from the University of Texas at Austin, Dan Boneh, a cryptographer from Stanford, Justin Drake from the Ethereum Foundation, and Sreeram Kannan, founder of EigenLayer [1]

Binance removed several altcoin trading pairs from its spot market this week as part of another liquidity review. Prices on affected tokens slipped fast as traders rushed for exits, a pattern that repeats every time the exchange trims low-volume pairs. This fits a broader 2024–2026 trend in which major exchanges are tightening listing requirements under regulatory pressure and shrinking risk tolerance. For beginners, this type of news feels random. It is not. When the largest exchange moves, the whole m ...

（来源：吴说） 吴说获悉，币安期货将于 2026 年 1 月 20 日 11:15 (UTC) 推出 AIAUSDT 永续合约，最高杠杆 20 倍。 DeAgentAI（AIA）是一个人工智能基础设施项目。 ...