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However, the move is unlikely to hurt the crypto exchange’s market share, given its extensive global footprint. “It’s difficult to assess the impact of this on Binance, which is still a leading exchange from a liquidity point of view,” Weisberger said. “Until that changes, people will continue to trade there,”
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OPNX had included DRW in list of "major investors" in a tweet earlier Friday. Source
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Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank
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The new company is aiming to "lead the global progression towards greater financial transparency, liquidity and certainty" by initially soliciting claimants in the bankruptcies that have shaken crypto to trade their claims on GTX. These bankruptcies include BlockFi, which had lent money to 3AC and itself later went bankrupt, Celsius
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Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19.As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high
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