Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide 
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TradFi
A toxic trend that suggests the IPO window is slamming shut for most crypto companies ignored Circle
Year-end scorecard: how the new public crypto cohort stacked up against Bitcoin and what it signals for 2026 risk appetite.

Legal
Gemini Earn users launch class arbitration against Genesis, DCG
The claimants allege that Genesis breached its agreement with Gemini Earn users and engaged in the unregistered sale of securities.

Legal
Gemini faces lawsuit for violating the U.S. Exchange Act
The exchange allegedly didn't register its interest-bearing accounts as securities.





















