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 
Ethereum News
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ETF
BlackRock’s new product just made Ethereum income impossible to ignore
BlackRock may have just reopened the case for earning yield in crypto, reframing ETH as yield plus price exposure.

Analysis
Top 10 cryptocurrency rankings on January 1 2025 vs 2024 sees Avalanche replaced by Tron
Avalanche exits the top 10, replaced by Tron, as Bitcoin surpasses $100,000 amid election-induced market shifts.

Crime
2016 hacker Blockchain Bandit resurfaces shifting $172 million in Ethereum to new wallets
Blockchain Bandit's resurgence exposes enduring threats from outdated key generation techniques.























