Updates and insights on centralized and decentralized exchanges, liquidity, and innovation.
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.
Galaxy Digital plans to cut 20% of its staff, while BitMex is eyeing layoff of around 30%. Meanwhile, DCG laid off 10% of its 100 staff.
Crypto derivatives exchange Deribit was compromised leading to the loss of BTC, ETH, and USDC.
