Core Viewpoint - The launch of Binance Junior aims to secure children's access to cryptocurrency, emphasizing the need for parental control and inheritance features in the crypto space [1][2][4]. Group 1: Binance Junior Launch - Binance Junior is a cryptocurrency savings account designed for users aged 6 to 17, allowing complete parental oversight [2]. - Parents must be existing Binance users and have the authority to disable or delete junior accounts, with the ability to send funds directly from the master account [3]. Group 2: Importance of Inheritance - CZ highlighted the necessity of adding inheritance features to cryptocurrency exchanges to ensure proper asset distribution in case of unexpected death [4]. - An influencer estimated that centralized exchanges inherit over $10 billion in cryptocurrency annually due to users' unexpected deaths [4]. Group 3: Leadership Changes - Binance announced co-founder Yi He as co-CEO, sharing the role with Richard Teng, who has been CEO since November 2023 [5].

A Florida appeals court has reinstated a lawsuit accusing Binance of failing to freeze and recover roughly $80 million worth of stolen Bitcoin, reopening a case that had previously been dismissed over jurisdictional grounds. According to Bloomberg Law, Florida’s Third District Court of Appeal ruled Wednesday that the lower court erred when it concluded it lacked personal jurisdiction over Binance Holdings Inc. The decision allows the plaintiff to proceed with a state-level lawsuit alleging that Binance f ...

Kraken and Deutsche Börse have inked a strategic partnership to bridge traditional and digital markets. They both announced the deal on Dec. 4, highlighting the improvement that their alliance will bring to the financial ecosystem. Kraken noted that the deal is designed to bring TradFi and crypto closer than ever. Kraken and Deutsche Börse Deal Rolls Out in Phases Kraken and Deutsche Börse have decided to complement each other in bridging TradFi and the DeFi system. Together, these entities will be enga ...

The initial public offering (IPO) of HashKey Holdings, operator of Hong Kong's largest cryptocurrency exchange, lays bare challenges faced by local platforms under Beijing's watchful eye, even though the listing itself was recognition of the growing influence of digital assets in the city, according to analysts. HashKey, established in Hong Kong in 2018, on Monday cleared its Hong Kong listing hearing after a confidential filing earlier this year, paving the way for an IPO that could raise up to US$300 mi ...

Crypto exchange Binance launched a new Junior App on Dec. 3, with the goal of allowing kids aged between 6-17 to learn, save, and explore crypto together with their parents. Binance said that this platform will help children prepare for a digital financial future, while allowing them to build their own crypto wealth and savings. Binance Junior App Brings Crypto Savings for Kids The newly launched Binance Junior platform allows parents to open and manage crypto savings accounts for their children. It also ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Binance named its co-founder Yi He as co-CEO, alongside Richard Teng, who’s been the firm’s sole CEO since November 2023. The newly minted co-CEO is the life partner of Binance co-founder Changpeng Zhao, whom President Donald Trump pardoned last month. Zhao was sentenced to, and served, four months in federal prison, after he pleaded guilty to violating U.S. anti-mo ...

Dec 3 (Reuters) - Binance, one of the world's largest cryptocurrency exchanges, named co-founder Yi He as its ​co-CEO on Wednesday, joining Richard Teng in a dual ‌leadership structure. Yi He, a longtime Binance executive, has been with the company ‌for more than eight years and currently serves as its Chief Customer Service Officer, according to her LinkedIn profile. The duo aims to responsibly expand Binance's global presence, strengthen compliance, with ⁠Yi's appointment underscoring a ‌push to scale ...

Core Viewpoint - Ark Invest is increasing its positions in Coinbase, Bullish, and Shopify, indicating a bullish stance on crypto-exposed companies despite recent market volatility and valuation concerns [1][2][4]. Coinbase - Ark's ARK Innovation ETF purchased 28,315 shares of Coinbase, valued at $7.45 million, despite a recent downgrade from Argus Research [2][3]. - Coinbase shares ended at $263.26, and the stock has experienced volatility alongside Bitcoin, which recently spiked 6.6% to $92,309.13 [2][3]. - Wall Street anticipates strong revenue growth for Coinbase driven by digital asset adoption and stablecoin activity [4]. Bullish - Ark acquired 42,434 shares of Bullish, worth $1.83 million, reflecting confidence in institutional-grade crypto platforms as key players in digital asset growth [5]. - Bullish reported third-quarter revenue exceeding analyst expectations, with strong subscription and services income [6]. Shopify - Ark purchased 21,132 shares of Shopify, valued at $3.3 million, as the platform reported record sales during the holiday season [7]. - Shopify merchants generated $14.6 billion in sales over the Black Friday–Cyber Monday period, a 27% year-over-year increase [7]. - The company noted strong adoption of Shop Pay and significant international demand, with 16% of holiday orders from cross-border purchases [8]. Other Key Trades - Ark made adjustments to several positions, including trimming shares in Iridium Communications and Roku, while increasing its stake in WeRide, indicating a focus on robotics and self-driving technology [9].

吴说获悉，Coinbase 宣布将 Humidifi（WET）、zkPass（ZKP）、Plume（PLUME）、Hyperlane （HYPER）和 Jupiter（JUPITER）添加至其资产上线路线图。 （来源：吴说） 来源：市场资讯 ...

Core Viewpoint - Bernstein maintains an outperform rating and a $510 price target for Coinbase (COIN), despite market pullbacks and bitcoin volatility affecting sentiment in crypto-linked equities [1] Group 1: Market Context - The current market setup is described as "fragile," with volatile price actions in crypto impacting public-market proxies [1] - The downturn in the crypto market is not seen as similar to previous busts, as the underlying businesses are holding up better and speculative excess is more narrowly concentrated [2] Group 2: Coinbase's Business Strategy - Coinbase is shifting towards reducing its dependence on spot trading by developing an "everything exchange," aiming to become a full-stack financial platform [3] - Stablecoins have become a significant revenue contributor for Coinbase, although ancillary businesses like staking and custody are often viewed as merely another form of crypto beta [3] Group 3: Regulatory Environment - Clearer U.S. regulatory rules are viewed as a key catalyst that could enhance Coinbase's expansion and reduce the competitive advantage of offshore rivals [4] Group 4: Token Issuance and Product Development - Coinbase is increasing its focus on token issuance through a launchpad-style approach, which could generate success-fee income and create a flywheel effect of more issuances leading to higher trading activity [5] - A product showcase scheduled for December 17 is anticipated to highlight new areas beyond spot trading, including tokenized equities and prediction markets [6] Group 5: Expansion into Derivatives and Consumer Products - There is a growing push into derivatives, aided by Deribit, which may align Coinbase more closely with broker-dealers like Robinhood as both models expand their product offerings [7] - The Coinbase Base app is identified as a potential on-ramp that integrates wallet functionality, payments, and social features, providing broader token access through on-chain integrations [7]