Binance Wallet now supports creating multiple key-free wallets

On December 1, CoinGecko data shows Upbit’s 24-hour trading volume has surged 59.9% to hit $1.775 billion. The XRP/KRW trading pair leads the South Korean won (KRW) market in volume share at 19.13%, with the other top five pairs being BTC, ETH, USDT and SOL.

**Websea Taps Herbert R. Sim as CMO** **December 1 –** Crypto exchange platform Websea announced today that Herbert R. Sim, a renowned global leader in the cryptocurrency industry, has officially returned to the company as Chief Marketing Officer (CMO). Sim, who played a key role in Websea’s early development, brings extensive expertise in international marketing and ecosystem building. He holds strong recognition of and deep alignment with Websea’s innovative core concepts and brand values. Active at the forefront of the global Web3 space, Sim has provided strategic consulting to multiple leading projects, building up vast experience and connections in international marketing, brand positioning, and ecosystem development. In his new role, Sim will oversee the execution of Websea’s global market and brand strategies, focusing on differentiated approaches to grow the user base and strengthen the platform’s recognizable, competitive global brand identity.

**HashKey Holdings Clears HKEX Hearing, Poised to Become Hong Kong’s First Crypto-Focused Listed Company** On December 1, Hong Kong virtual asset trading platform HashKey Holdings cleared its hearing with the Hong Kong Exchanges and Clearing Limited (HKEX), with JPMorgan Chase and others serving as joint sponsors. It is set to become Hong Kong’s first cryptocurrency-focused listed company. Disclosures show the firm holds licenses across multiple jurisdictions, with over HK$1.3 trillion in cumulative spot trading volume and around HK$29 billion in assets under custody. Analysts at BiyaPay note the listing of this compliance-focused leader in Hong Kong is expected to lift sentiment across the crypto sector. Currently, BiyaPay allows trading of U.S. stocks, Hong Kong stocks, and futures using USDT. Once HashKey lists, its users will be able to easily trade the company’s shares on the platform.

December 1st — LookOnChain monitoring reports a newly established wallet has just withdrawn 42,225 ETH from Binance, valued at approximately $120 million.