6 / 6 Relevant items tagged with #Liquidity

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Binance Launches Off-Exchange Settlement Solution ‘Binance Mirror’ for Institutional Clients

[Jan 16, 2023 4:30 PM] The largest crypto-asset exchange by global trade volume, Binance, announced that its custody business has launched an off-exchange settlement solution for institutional clients. With this solution, institutions can lock a specified amount of…

Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps

[Jan 14, 2023 3:30 PM] According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023…

Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation

[Jan 10, 2023 12:30 PM] Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct…

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

[Jan 7, 2023 11:30 AM] Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are…

Silvergate gets more bad news as Moody’s slashes its ratings

[Jan 6, 2023 3:30 PM] The beleaguered bank was allegedly moving money between FTX and Alameda; then it sold debt at a discount and sacked employees after a bank run.

1inch launches Fusion upgrade to improve swap security and profitability

[Dec 25, 2022 8:00 AM] As a decentralized trading and matching system, the 1inch Swap Engine connects DeFi users and provides liquidity for crypto trades through professional market makers.

Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

[Dec 18, 2022 1:00 PM] Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors…

Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis

[Dec 17, 2022 3:51 AM] The Digital Currency Group and its affiliates (DCG) cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds.

Industry execs confident in DeFi adoption despite security flaws: Finance Redefined

[Dec 16, 2022 2:20 PM] The top 100 DeFi token had a mixed week with majority of them losing bullish momentum from the last week.

Australian CBDC receives unexpected interest but could hurt banks: RBA

[Dec 7, 2022 11:56 PM] The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.

Crypto lender Genesis has no solution yet for withdrawal halts

[Dec 7, 2022 10:48 PM] Genesis said it will take additional weeks to carve out a recovery path for its lending business.

Security in crypto comes from liquidity or the lessons we learned after FTX

[Dec 7, 2022 9:00 AM] Following the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions.

Gate.io pledges $100M to revive crypto and rebuild investor confidence

[Dec 7, 2022 2:49 AM] With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses.

Silvergate CEO calls out 'short sellers' spreading misinformation

[Dec 6, 2022 1:00 AM] In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”

Bybit announces second round of layoffs in 2022 to survive bear market

[Dec 4, 2022 4:50 AM] Ben Zhou, the co-founder and CEO of Bybit, announced a reorganization plan amid a prolonged bear market, which involves a steep reduction in the workforce.

Market maker Keyrock closes $72 million in Series B funding round

[Nov 30, 2022 3:45 PM] Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures.

Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem

[Nov 27, 2022 3:00 PM] The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to…

Binance publishes official Merkle Tree-based proof-of-reserves

[Nov 25, 2022 7:54 AM] Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency.

MEXC Global Vice President Andrew Weiner Explains the Appeal of Futures Trading

[Nov 23, 2022 12:00 PM] A 6-year veteran of the crypto industry, Andrew Weiner serves as the Vice President of MEXC Global. As the former executive of RegTech and digital identity pioneer iComplyKYC, he worked with notable brands that include Thomson Reuters…

Tether CTO confirms no plans to rescue FTX

[Nov 10, 2022 11:08 PM] FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help.

FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories

[Nov 10, 2022 4:03 PM] Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.

FTX website comes back online with message advising against deposits

[Nov 9, 2022 8:41 PM] Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down.

Binance Walks Away From FTX Acquisition

[Nov 9, 2022 3:38 PM] The world’s largest exchange said on Wednesday that it will not pursue the potential acquisition of Sam Bankman-Fried’s FTX.Binance walks away from FTX deal following due diligence.Firm also mentioned U.S. investigations of FTX.Retail investors are…

The Exchange War: FTX Faces Liquidity Crisis

[Nov 8, 2022 9:18 AM] The exchange war has begun. The Binance CEO publicly dukes it out with the FTX co-founder as rumors of FTX and Alameda Research financial distress fly. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's…