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We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives
23.1.2023
There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross mismanagement and outright fraud in 2022 by many opaque centralized exchanges are driving people back...
FTT Order Flow Fairly Balanced After 150% Rally, but Liquidity Remains Thin
23.1.2023
Price takers have been placing large market buy orders at the same pace as market sell orders, data from Kaiko Research show. However, overall liquidity remains thin, implying a high risk of sudden price crash
OpenOcean Integrates Verse DEX to Deepen Available Liquidity on Ethereum
22.1.2023
PRESS RELEASE. OpenOcean, a leading Web 3 middleware developer and DEX Aggregator across 19 chains, backed by top investors – Binance Labs, CMS, Altonomy, and more – has integrated with the recently released Verse DEX, Bitcoin.com’s decentralized exchange (DEX), to provide...
Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit
20.1.2023
Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to support its ongoing business operations...
Top Crypto Media Site CoinDesk Puts Itself Up For Sale - Is This A Sign of How Deep DCG’s Liquidity Problems Are?
19.1.2023
Crypto news website CoinDesk has tapped advisors at Lazard, a leading financial advisory and asset management firm, to explore a full or partial sale of its business. The move comes as CoinDesk's sister company Genesis has been hit with a liquidity crunch following the collapse of FTX....
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Genesis is planning to file for bankruptcy: Report
18.1.2023
Another one bites the dust? Reports suggest the initial filing could come later this week
Digital Currency Group halts dividends in an effort to preserve liquidity
18.1.2023
Digital Currency Group, a venture capital firm that owns a stake in more than 200 crypto projects, announced the dividend halt while one of its subsidiaries is in financial strife
Binance Launches Off-Exchange Settlement Solution ‘Binance Mirror’ for Institutional Clients
16.1.2023
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 crypto with a qualified cold storage wallet, and assets...
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
14.1.2023
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, Uniswap version three (V3) has the highest trade...
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
10.1.2023
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 crypto hedge fund Three Arrows Capital (3AC),...
Poor Bitcoin Market Liquidity Keeps Crypto Whales at Bay
10.1.2023
Poor liquidity means large buy and sell orders can significantly impact the cryptocurrency's price
Silvergate gets more bad news as Moody’s slashes its ratings
6.1.2023
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
Balancer warns some LPs to remove liquidity ASAP because of a 'related issue'
6.1.2023
The team did not disclose what the issue is, but stated that it "cannot be mitigated by the emergency DAO."
Better liquidity operations from Inverse Finance in 2023
4.1.2023
Inverse Finance’s treasury working group, with the close association of the RWG, has successfully been able to chalk out plenty of liquidity-oriented plans of action, in the case of the DAO, ever since the month of April. This activity has been carried out with the sole aim and intention of being...
Shiba Inu-Themed BONK Tokens Are Yielding Nearly 1,000% for Solana Liquidity Providers
4.1.2023
The memecoin is up over 150% in the past 24 hours and have recorded some of the highest trading volumes on Solana-based decentralized exchanges
Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
3.1.2023
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675...
SushiSwap CEO proposes new tokenomics for liquidity, decentralization
1.1.2023
The new tokenomics intends to boost liquidity and decentralization in the platform, enabling SushiSwap to continue operations
1inch launches Fusion upgrade to improve swap security and profitability
25.12.2022
As a decentralized trading and matching system, the 1inch Swap Engine connects DeFi users and provides liquidity for crypto trades through professional market makers
Genesis and DCG seek path for the recovery of assets amid liquidity issues
21.12.2022
According to the co-founder of Gemini, Cameron Winklevoss, Houlihan Lokey is working on behalf of the Creditor Committee to resolve the liquidity issues at Genesis
Gemini Creditor Committee Presents Plan to Resolve Liquidity Issues
21.12.2022
The creditor committee expects to hear from Genesis and DCG by the end of the week