The fluctuations in Coinbase's stock price not only directly reflect the quality of its financial performance but also embody the capital market's expectations regarding the future of cryptocurrency regulation in the United States.

Hong Kong's policy support undoubtedly brings unprecedented development opportunities for cryptocurrency exchanges, while Huobi changes ownership, Binance maintains its dominance, and OKX focuses on globalization. Under the influence of different external and internal driving forces, how will the CEX landscape evolve in the context of a new cycle?

In December, we made significant progress in optimizing liquidity.

Launch Binance Alpha, which is a long-term positive for the token; it is advisable to research quality projects, buy the dip, and wait for long-term growth.

UXUY Point (UP) is the core of the UXUY incentive system and serves as the primary proof of users' contributions to UXUY.

The experience of Binance or CZ is essentially a response from centralized government institutions to the application of decentralized technology in finance, especially in the currency sector.

The current OKX platform has gathered a group of excellent product business lines.

After the sand settles, a group of exchanges that adhere to the essence of asset trading, prioritize user asset security, and actively embrace compliance routes have gradually gained a foothold and developed against the trend, with 4e being one of the outstanding leaders among them.

Focusing on on-chain data, weekly news roundup.

Hackers inserted malicious code into the Github repository of Connect Kit maintained by the cryptocurrency wallet company Ledger. This vulnerability may affect the front end of all protocols using Connect Kit, with several major DeFi protocols impacted, including Sushi, Lido, Metamask, and Coinbase.