CZ on Founding Binance: From SaaS to Building His Own ExchangeOn February 10, Binance founder Changpeng Zhao said in an interview on the All-In Podcast that his team initially operated a SaaS software licensing business, charging fixed monthly fees to exchange clients. However, in March 2017, after Chinese regulators tightened policies and shut down most of their clients, the foundation of the business quickly disappeared.The team began exploring new directions and ultimately decided to stop focusing on ext ...

LATEST: 🏦 Japan's SBI Holdings has signed a letter of intent to acquire a majority stake in Singapore-licensed crypto exchange Coinhako to expand its digital asset infrastructure across Asia. https://t.co/Ndb7GrPFcI ...

Group 1 - Coinbase Global, Inc. reported fourth-quarter adjusted profits per share of $0.66, which was below the consensus estimate of $0.86, and sales of $1.78 billion, falling short of the projected $1.83 billion [3][7] - Management indicated that 2025 was a financially and operationally successful year, with the company meeting or exceeding quarterly sales and spending expectations, while also growing and diversifying its activities [3] - The company introduced the Everything Exchange and sustained multi-year profitability, with management stating that greater regulatory clarity could help it prosper as cryptocurrency transforms financial services [3] Group 2 - For the first quarter, Coinbase forecasted subscription and services revenue between $550 million and $630 million, reflecting lower average USDC market capitalization, interest rates, cryptocurrency prices, and staking protocol rates compared to Q4 [4] - Technology and development expenses, as well as general and administrative costs, are expected to be between $925 million and $975 million, remaining consistent quarter after quarter [4] - Sales and marketing expenses are projected to range between $215 million and $315 million, depending on marketing potential and average USDC balances retained in products [4] Group 3 - Coinbase provides a reliable platform that acts as a legal gateway to the on-chain economy, allowing users to perform various tasks with their cryptocurrency assets through both third-party and proprietary product experiences [5]

Zero means zero.No gimmicks.No hidden conditions.We’re proud to be the world’s first zero-fee exchange, built for traders who value efficiency, performance, and true cost transparency.Huge thanks to Justin for the user-first vision that made this possible. Putting traders at the center is what drives real innovation of crypto.This is just the new beginning at https://t.co/WDK0ZvCAvE! 🚀H.E. Justin Sun 👨‍🚀 🌞 (@justinsuntron):.@Poloniex The world's first zero-fee exchange! ...

RT Eric He | LBank (@EH_LBank)🙏 LBankers, another week behind us and the pace hasn’t slowed.We’ve been spending a lot of time on the ground with users while pushing product side improvements at the same time. Here’s a transparent look at what moved forward this week:1️⃣ Community-Driven Campaign 🧧Our Lunar New Year activation went live across platforms with a 310,000 USDT reward pool.The goal wasn’t just traffic, it was participation. Red packets, social tasks, and onboarding rewards helped bring new users ...

Core Insights - Bitget, the world's largest universal exchange (UEX), launched the UEX Fortune Card event to celebrate the Lunar New Year, inviting users to explore various markets on the platform and share festive rewards [2][3] Group 1: Event Details - The UEX Fortune Card event runs from February 13, 18:00 to February 21, 18:00 (UTC+8), allowing users to complete simple daily tasks within the Bitget ecosystem to collect Fortune Card puzzle pieces [2] - Participants who collect all nine puzzle pieces will have a chance to enter a lottery for a prize pool of 10,000 BGB, while those who collect three pieces can unlock a mystery blind box with a maximum reward of 500 USDT contract experience vouchers [2] Group 2: Platform Integration - The event coincides with a comprehensive upgrade of the Bitget application, showcasing the company's vision of building a unified platform where users can explore cryptocurrency, stocks, and other markets in a streamlined interface [3] - Bitget's CEO, Gracy Chen, emphasized that the event allows users to easily explore different markets and enjoy the festive atmosphere on a unified platform [3] Group 3: Company Overview - Bitget serves over 125 million users and supports trading of more than 2 million cryptocurrency tokens, over 100 tokenized stocks, ETFs, commodities, forex, and precious metals [4] - The ecosystem aims to assist users in trading more intelligently through its AI agent, acting as a "co-pilot" for trade execution [4] - Bitget is leading the tokenized TradFi market, offering the lowest fees and highest liquidity across 150 regions globally [4]

Core Insights - Bitget, the world's largest panoramic exchange (UEX), has launched Gracy AI, the first animated digital human in the cryptocurrency sector, aimed at integrating real leadership thinking into one-on-one user interactions [2][3] - Gracy AI is built on the practical experience and decision-making thought process of Bitget's CEO, Gracy Chen, focusing on market cycles, strategies, and cognitive patterns rather than just chart analysis and short-term signals [2][3] - The launch signifies a shift in how the exchange applies AI, emphasizing contextual understanding and user engagement over mere data analysis [2][4] Company Strategy - Gracy AI is a key component of Bitget's overall AI roadmap, representing a more human-centered approach in its strategy, where technology serves understanding rather than just execution [3][4] - The AI aims to provide personalized, timely, and practical interactions, moving beyond transactional exchanges to foster user learning and growth [3][4] Market Position - Bitget serves over 125 million users and supports trading of over 2 million cryptocurrency tokens, more than 100 tokenized stocks, ETFs, commodities, forex, and precious metals [5] - The company is committed to reducing trading friction and enhancing decision quality through AI-driven market insights and intelligent trading tools [4][5] - Bitget is leading the tokenized TradFi market and offers the lowest fees and highest liquidity across 150 global regions [5]

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)#Binance will be listing ______? https://t.co/Hay7LiwxuO ...

Core Viewpoint - Coinbase Global Inc. (NASDAQ:COIN) is recognized as a strong growth and high-margin stock, with Baird initiating coverage and setting a price target of $240, highlighting its position as the largest bitcoin exchange in the US and its capabilities in retail and institutional trading [1][2]. Group 1: Company Overview - Coinbase Global Inc. is a leading financial technology company in the US that operates a major cryptocurrency exchange platform, allowing individuals and institutions to buy, sell, trade, store, and stake digital assets such as Bitcoin and Ethereum [3]. Group 2: Investment Analysis - Baird has rated COIN shares as Neutral, indicating a balanced risk-reward ratio, particularly in light of recent trading volume declines following the cryptocurrency price slump on October 10 and concerns regarding the Clarity Act [2]. - The firm sees potential growth opportunities for Coinbase through its "Everything Exchange" program and an enhanced subscription revenue mix, suggesting a strategy to wait for a pullback before upgrading its outlook [2].

Core Viewpoint - Coinbase reported a significant decline in revenue and a net loss for Q4, but projects substantial growth in trading volume and profitability for 2025 [1] Financial Performance - Q4 revenue decreased by 20% to $1.8 billion, exceeding market expectations [1] - The company recorded a net loss of $667 million for the quarter, compared to a net profit of $1.3 billion in the same period last year [1] - The loss was primarily attributed to impairment charges related to cryptocurrency holdings and investments [1] Future Projections - Coinbase anticipates total trading volume to exceed $5.2 trillion in 2025, representing a year-over-year growth of 156% [1] - The company expects to achieve a net profit of approximately $1.26 billion for the full year of 2025 [1] Market Share - Coinbase's market share in the spot market doubled, increasing from 3.2% at the end of 2024 to 6.4% [1]