2023-1-31 23:19 |
The move comes one week after Cumberland inked a deal Canada-based crypto platform BitBuy to boost liquidity on that exchange.
Similar to Notcoin - Blum - Airdrops In 2024
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The Chicago-based firm was listed among Genesis' creditors in the amount of $18 million, but Cumberland said that's too high. The document includes "misleading and incorrect information," Cumberland tweeted.
2023-1-21 18:16 | |
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Cumberland’s executive says that the cryptocurrency markets are polarized between two divides. He argues that the camps of risk-on and inflation hedge are behind the doldrum in crypto asset prices.
2022-3-30 01:13 | |
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Chris Zuehlke, the Global Head of Cumberland, believes the crypto winter is here. He said this during an interview on January 25, adding that it is important to go back to when it started. Zuehlke pointed out that in January last year, Bitcoin (BTC/USD) was changing hands at around $32,000.
2022-1-27 16:39 | |
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Fed Chair Jerome Powell has been nominated by President Joe Biden for another term in office. Cumberland’s global head believes that the move is in the long-term interest of cryptocurrency enthusiasts given his track record.
2021-11-24 12:19 | |
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KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with the Korean Intellectual Property Office.
2020-8-9 06:30 | |
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Bobby Cho, former trading head at Cumberland, has formed a crypto prop-trading firm with former two Circle execs.
2019-11-12 12:00 | |
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Cryptocurrency exchanges and investment platforms have taken it upon themselves to determine which crypto asset is a security and which isn’t. Coinbase, Kraken, Bittrex, Circle, Genesis, Grayscale, DRW Cumberland, and Anchorage have come together to create the Crypto Rating Council to decide which digital assets can and cannot trade on their platforms. The framework results […]
2019-10-1 21:54 | |
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Jason Leung, known as the global head of Cumberland, which is a crypto-focused unit of DRW, a major Chicago trading company, is set to leave the company. Chris Zuehlke will replace him as the new global head for the firm.
2019-6-7 04:59 | |
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Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures.
2019-6-6 18:20 | |
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Several major cryptocurrency traders have reportedly begun discussing plans to enact an industry-wide blacklist of suspicious actors, to stem the tide of scams, theft and fraud in the crypto space.
2019-5-10 15:52 | |
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Volume has been ramping up across the cryptocurrency markets, with April seeing a new all-time high posted for daily global cryptocurrency volume. The month has also seen Chicago Mercantile Exchange (CME) report record trade volume for its BTC futures contracts, in addition to Cumberland’s trade desk reporting an influx of 1,000 BTC buy orders, signaling […] The post Crypto Markets and CME Futures Post Record Trade Volume appeared first on Bitcoin News.
2019-4-9 15:40 | |
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Cumberland, the Chicago-based cryptocurrency trading unit of DRW Holdings LLC, reported a sharp, sudden spike in large Bitcoin transactions on Monday
2019-4-5 11:31 | |
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Crypto market maker Cumberland is upgrading from trading by Skype to modern-day Wall Street-style screen-based interactions.
2019-2-19 17:30 | |
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Ten crypto and financial startups are forming a new association to create standards of conduct for the blockchain space.
2018-11-27 15:59 | |
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Some very important OTC desks of Genesis, Cumberland and Circle, which handle a massive amount of OTC crypto trading, are leading a new trend now, according to the Abacus Journal. These companies are opening up their OTC books to help the markets so they can understand the price swings better in preparation for the ETF. […]
2018-11-21 23:59 | |
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MJAC announces initial details for the MJAC & CryptoCompare London Blockchain Summit on November 30, 2018, with representatives from Coinfloor, Coinbase, Ripple, Circle, eToro, London Stock Exchange Group, CoinShares and Cumberland included in the line-up.
2018-11-13 20:00 | |
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A new voice from US big finance has added his weight to the increasing evidence institutional investors are corning the newly-stabilized cryptocurrency market. Cho: ‘Professionalization Is Happening’ Speaking to Bloomberg on October 1st, Bobby Cho, global head of trading at Cumberland, the crypto division of trading and investment firm DRW Holdings, said the market was “turning the corner” from its “Wild West” early years.
2018-10-2 08:00 | |
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Generally when we think of big-time cryptocurrency investors, people like the Winklevoss twins come to mind. Not so much do we consider institutional investors—large, nonperson investment entities—as big digital asset buyers.
2018-10-2 04:44 | |
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Electronic-trading firms that have already transformed markets from stocks to foreign exchange to futures are diving into bitcoin and other cryptocurrencies. Five of the biggest electronic traders in the world are already trading bitcoin.
2018-7-5 20:34 | |
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Bakkt, a leading crypto custodian, is considering a sale or breakup among other strategic alternatives, with $348M in Q2 revenue reported. The post Bakkt explores potential sale or breakup amid surge in crypto M&A activity appeared first on Crypto Briefing.
Sky Mavis retrieved $5.7M from the Ronin bridge hack, with 85% of recovered assets set to be deposited into the Axie Infinity treasury. The post Sky Mavis says $5.7M recovered from $600M Ronin exploit appeared first on Crypto Briefing.
Binance has resumed cryptocurrency purchases via Visa and Mastercard, allowing users to buy crypto with a maximum one-time purchase limit of up to $20,000. The post Binance brings back card payments after regulatory hurdles appeared first on Crypto Briefing.
Paxos introduces the Lift Dollar in the UAE, offering a stablecoin with a daily yield aligned with US Treasury bonds. The post Paxos launches Lift Dollar, a rebased yield-generating stablecoin appeared first on Crypto Briefing.
DMM Bitcoin to use loans and capital raise to repay customers after $305M in bitcoin was stolen in a recent security breach. The post DMM Bitcoin announces compensation strategy for hack victims appeared first on Crypto Briefing.
US spot bitcoin ETFs saw their second-highest daily inflow ever on Tuesday at over $880 million, the most since March, as demand returns amid Bitcoin's resurgence.
Ark Labs is betting on the innovative protocol and plans to build tools for others to buy in