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
First trades at Binance.US involved wash trading, WSJ alleges based on CZ memo
Binance denied wrongdoing as an earlier memo from CEO Changpeng Zhao surfaced.

Exchanges
SBF agrees to gag order after New York Times article raises tampering concerns
SBF has come under fire for sharing information related to Alameda Research CEO Caroline Ellison during an interview with the New York Times, which prosecutors claim was an act of witness tampering.





















