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 Exchanges News
Updates and insights on centralized and decentralized exchanges, liquidity, and innovation.
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Analysis
Coinbase’s $70B Bitcoin move made it look like investors were selling — but no one actually did
Bitcoin traders often treat old-coin movement as a sign that long-term holders are waking up. Coinbase’s $69.5 billion BTC migration suggests that signal may be less reliable than it looks.

Featured
FTX identify over $3B transfer to SBF, others
FTX's former CEO Sam Bankman_Fried received $2.2 billion in payments and loan from the bankrupt firm, according to a press statement.

Exchanges
Russian exchanges exposed in crypto-for-cash scandal
Transparency International named 8 Russian crypto exchanges willing to facilitate anonymous crypto for cash trades in London.





















