🇰🇷 SECURITY: South Korea plans bank-level, no-fault liability rules for crypto exchanges after the Upbit hack. https://t.co/xsERlJKvln ...

RT BSCN (@BSCNews)📣 NEW PROJECT ADDED: BINANCEArguably the most successful company in crypto history, and founded by @cz_binance himself, the industry's #1 exchange @Binance has been added to our directory of crypto's most influential platforms...Visit its official page below ⬇️https://t.co/PZCDYX6tiv ...

📣 NEW PROJECT ADDED: BINANCEArguably the most successful company in crypto history, and founded by @cz_binance himself, the industry's #1 exchange @Binance has been added to our directory of crypto's most influential platforms...Visit its official page below ⬇️https://t.co/PZCDYX6tiv ...

South Korea’s largest crypto exchange Upbit has deleted all old deposit addresses amid wallet maintenance. Users must generate new ones before depositing. From Dec. 5 at 17:00 (KST), deposits and withdrawals for 33 assets across 21 networks will gradually resume. The update follows a Nov. 27 security breach that caused about 44.5 billion KRW in losses. https://t.co/SJ2m9LDgfe ...

Binance appoints its co-founder Yi He as co-CEO of the world’s biggest crypto exchange https://t.co/S6ZbCKgU4B ...

U.S. crypto exchange @krakenfx is buying Backed Finance AG in the firm's latest acquisition to push tokenization, the company announced Tuesday. https://t.co/xEVQhujUIT ...

Core Viewpoint - Bernstein maintains a $510 price target for Coinbase, suggesting the company is transitioning into an "everything exchange" despite its current share price being significantly lower than historical highs [1][4]. Company Performance - Coinbase shares have declined approximately 11% over the past year and are down about 29% from their all-time peak, even as Bitcoin has surpassed $91,000 [2]. Market Context - Analysts describe the current market as "fragile," with volatility in crypto prices affecting equities linked to the crypto sector. However, they note that the current downturn does not exhibit the characteristics of previous crypto market crashes [3]. Business Evolution - The core of Bernstein's bullish thesis is Coinbase's ongoing efforts to diversify its revenue streams away from volatile spot trading, evolving into a full-stack financial platform that includes services traditionally associated with broker-dealers and fintech companies [4]. Revenue Diversification - Stablecoins are becoming a significant part of Coinbase's revenue mix, but investors often overlook ancillary business segments like custody, staking, and infrastructure fees, viewing them merely as extensions of crypto trading [5]. Regulatory Environment - Clearer regulatory guidelines in the U.S. are seen as a crucial factor that could enhance the valuation of Coinbase's ancillary business lines, allowing it to compete more effectively with offshore rivals [5]. Token Issuance Strategy - Coinbase is increasingly focusing on token issuance through a launchpad model, which could create a "flywheel" effect by linking issuance, listing, and trading activity [6]. Upcoming Developments - A key near-term catalyst for Coinbase is the product showcase scheduled for December 17, which is expected to introduce innovations in tokenized equities, prediction markets, and other tools aimed at expanding the platform's offerings beyond spot crypto trading [7].

Kraken to Acquire Tokenization Platform Backed Finance as Crypto Exchange Extends Buying Spree► https://t.co/HNQjeO5HIu https://t.co/HNQjeO5HIu ...

Crypto exchange operator HashKey Holdings has cleared its Hong Kong listing hearing after an earlier confidential filing, paving the way for a deal that will test investor confidence in the digital asset sector amid evolving regulation. The operator of Hong Kong's biggest licensed crypto exchange could raise around US$500 million in a listing this month, according to a source familiar with the matter. HashKey did not disclose the size or the timing of its initial public offering (IPO) in a filing on Monda ...

Crypto exchange HashKey clears key hearing for Hong Kong IPO https://t.co/hAafWe7YIn ...