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?

Following the first event that attracted numerous users, the total prize pool for this phase has been increased to 1.5 million USD, a 50% increase from before, and new gameplay options such as "Lucky Draw" and "Earn Coins with Idle Coins" have been added to further lower the participation threshold and enrich the earning scenarios.

With the rapid development of the DeFi ecosystem, decentralized trading platforms are becoming the core driving force in the blockchain world.

Last weekend, the cryptocurrency market experienced severe fluctuations, with mainstream assets like Bitcoin and Ethereum all retracing, triggering panic among investors.

As market sentiment remains in a state of "extreme fear," despite the significant decline in Bitcoin and Ethereum, there are still no signs of a bottoming out, making the situation suffocating.

The USDD 20% financial product of Huobi HTX, with its stable background and high yield advantages, has become a refreshing force in the market.

Perhaps the actual liquidation numbers are 19 times higher than reported, and the outcome is worse than you think.

Binance announced that it will launch a "price limit mechanism" test in the pre-launch trading of Launchpool, targeting the RedStone (RED) token. However, it is still uncertain whether this mechanism will become a long-term feature.

Last week's theft of nearly $1.5 billion from Bybit shocked the entire cryptocurrency industry. In response to the crisis of trust, several major exchanges have successively raised the annualized interest rates of mainstream cryptocurrencies, especially ETH financial products, to boost user confidence in centralized exchanges.