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Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
19.6.2022
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous...
South Korea’s Largest Bank Unveils Bitcoin Custody Services
9.8.2020
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with...
Former Cumberland and Circle Traders Pool Money for Crypto Prop Trading
12.11.2019
Bobby Cho, former trading head at Cumberland, has formed a crypto prop-trading firm with former two Circle execs
Bittrex, Coinbase and Kraken Set up Crypto Rating Council
30.9.2019
The heavy hand of regulators has been stifling the growth of the cryptocurrency industry in the U.S. and caused innovators to flock abroad. In a bid to mitigate one aspect of this problem, major players have now created a joint system for rating what constitutes a security token. Also Read:...
IOTA (MIOTA) Price Analysis: IOTA Recently Listed in Exchanges Like Cumberland & Piexgo
9.6.2019
IOTA (MIOTA) recently announced ‘Coordicide Solution’ which is a distributed ledger technology aimed at removing the barriers to real-world adoption. Again, IOTA token is now available on Piexgo.com worldwide. Additionally, the altcoin is available Over-The-Counter on Cumberland exchange....
Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm
6.6.2019
Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures