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.
Stories 2,712
Coverage footprint 10.9%
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.

Exchanges
Report finds that Binance only distributed 10% of promised BNB tokens during ICO
A Forbes report found that Binance and its executives may currently control an additional $15.7 billion of BNB.

Bankruptcy
FTX backdoor reportedly discovered by US-based employees: WSJ
Alameda Research's former CEO Caroline Ellison is said to have confirmed knowledge of the use of customer funds.





















