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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Crypto
Weekend ‘Crypto Black Friday’ liquidation cascade: What actually happened?
A data-first post-mortem on liquidations, funding, and ETF dip-buyers.

Regulation
Hong Kong sets deadline for crypto exchange licensing applications or face shutdown
Hong Kong has licensed only two crypto trading platforms for traders in its region.

Crypto
Bitcoin tumbles under $39,000 triggering $115M liquidation in 1 hour
The crypto market appears shaken as Bitcoin and Ethereum prices tumbled to new local lows.


















