Jump Trading Sells Ethereum: Smart Move or Sign of Trouble?
Jump Trading’s massive Ethereum sell-off coincided with the Japanese market crash, raising questions about its strategy and market exit.
JinseFinanceJump Trading’s massive Ethereum sell-off coincided with the Japanese market crash, raising questions about its strategy and market exit.
JinseFinanceThe CFTC proposes a rule preventing the commingling of customer funds with derivatives clearing organizations (DCOs) in response to FTX's collapse. The proposal, open for public feedback, aims to shield customer funds and reduce the risk of large-scale losses. While most commissioners support the move, dissenting voices call for a thorough review and consideration of its impact on crypto investors. The proposal marks a significant development in the derivatives trading industry, and public feedback will shape its future.
Cheng YuanIn response to the FTX collapse, the CFTC proposes a rule to prevent the commingling of customer funds in derivatives trading, enhancing protection in the financial market.
YouQuanWormhole, once under Jump Crypto, the digital-asset unit of Jump Trading, has emerged as an autonomous entity amid its parent firm's downsizing in the unpredictable crypto landscape.
DavinCoinbase has explored the possibility of setting up a cryptocurrency trading platform outside of the US.
BitcoinistThe move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice.
CoindeskUnder the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility.
CointelegraphAccording to reports, GameStop has hired 20 members for its new NFT department, and is about to reach cooperation with two encryption companies on NFT game development.
Cointelegraph