News with the tag "market maker"

Two of the year’s most chaotic token blowups — Movement Labs’ MOVE scandal and the collapse of Mantra’s OM — are sending shockwaves through crypto’s market-making businesses. In both cases, rapid price crashes revealed hidden actors, questionable token unlocks, and alleged side agreements that blind...

In the fast-paced world of cryptocurrency, keeping an eye on the movements of large players is crucial. A recent event that caught the attention of on-chain analysts involves a significant ETH withdrawal from a major exchange. This isn’t just any withdrawal; it’s linked to Cumberland, a prominent cr...

Celyn Armstrong, general counsel and head of compliance at crypto market maker Portofino Technologies, is the latest senior member of staff to leave the firm. He follows Mark Blackborough, the company's former chief financial officer, who also recently left the business . "We’re grateful to Celyn fo...

Exciting news is breaking in the crypto world! Leading crypto market maker, Keyrock, is making a significant leap across the pond, setting up shop in the United States. This isn’t just another expansion; it’s a strategic move that speaks volumes about the evolving landscape of digital assets and reg...

Binance has banned a market maker and confiscated its proceeds after conducting an investigation that indicated the entity committed misconduct. The top global crypto exchange didn’t disclose the identity of the market maker but noted that it operated as a liquidity provider for the decentralized se...

Exciting news for the crypto world! After a period of scaling back due to regulatory headwinds, prominent market maker Jump Trading is signaling a significant shift. They are doubling down on their U.S. crypto operations , a move that speaks volumes about the evolving regulatory landscape and the bu...

Portofino Technologies, a Switzerland-based crypto market making firm, has big plans for 2025, the company's CEO Leonard Lancia told CoinDesk in an exclusive interview. The crypto market maker is exploring opening new offices in both New York and Singapore, Lancia said. The firm is regulated in the ...

Hold onto your hats, crypto enthusiasts! A dramatic saga unfolded in the crypto market as the Bybit hacker initiated a massive ETH sell-off . But in a surprising twist, market forces and strategic maneuvers stepped in to absorb the shockwaves. Let’s dive deep into this fascinating on-chain analysis ...

A crypto market maker is reportedly opening up a new office in New York due to the pro-crypto nature of President Donald Trump. According to a new report from Bloomberg, crypto liquidity provider Wintermute – which already has offices in London and Singapore – is looking to venture into the US for t...

Get ready for a significant shake-up in the crypto trading landscape! Leading crypto market maker Wintermute is making a bold move across the pond, setting its sights on the lucrative U.S. market. This exciting development signals not just Wintermute’s ambitious growth trajectory, but also the incre...