The Benefits and Risks of Liquidity Bridges
Liquidity bridges have gradually morphed in tandem to the evolution of cross-borderpayments, mainly due to G20’scommitment to establishing a cross-border payment program. As cent
CME Group, CF Benchmarks to Launch Metaverse Indices
The derivatives marketplace operator, CMEGroup, and cryptocurrency benchmark indices provider, CF Benchmarks, willlaunch three new Metaverse reference rates and real-time indices o
Tradeweb’s Full-Year ADV Grows 9.9% to $1.1T in 2022
Tradeweb Markets, a NASDAQ-listedoperator of electronic marketplaces for rates, credit, equities and moneymarkets, generated a full-year ADV (average daily volume) of $1.1 trillion
European Central Bank Exec Wants Unbacked Crypto Treated as Gambling
Fabio Panetta, a Member of the Executive Board of the European Central Bank (ECB) has argued in favor of regulation that recognizes “the speculative nature of unbacked crypto and
Tron’s Justin Sun Confirms 20% Layoff at Huobi
In a bid to weather the unprecedented turmoil in the market, Huobi is the latest company to introduce job cuts. The crypto exchange is planning to lay off about 20% of its staff, a
Cardano Up 12% Weekly, Bitcoin Stopped at $17K (Market Watch)
Bitcoin initiated another attempt to overcome $17,000 yesterday but was stopped in its tracks as it has been in the past several times. The altcoins have retraced following a few p
SBF Wants to Keep Control of $450 Million Worth of Robinhood Shares
Sam Bankman-Fried has asked the court to allow him to retain control over the 56 million shares that he owns in Robinhood. The stock is currently worth around $450 million. SBF’s
Crypto-Focused Bank Silvergate Slashes 40% Workforce, Abandons Several Projects
The FTX collapse has accelerated lay-offs as the sector struggles to weather the incessant turmoil. Crypto-focused bank – Silvergate Capital – has become the latest to slash 40
Crypto Lender Genesis Slashes Staff and Mulls Bankruptcy: WSJ
According to a Jan. 5 report by the WSJ citing ‘people familiar with the matter,’ Genesis is mulling a bankruptcy filing and has let around 30% of its staff go. The layoffs wer
In a Market Correction, Sellers Face a Dilemma: Lower Prices or Wait for Buyers to Bite
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