Wintermute’s post-mortem ignored the biggest issues with Friday’s crash
Traders tried to blame Wintermute for suspicious deposits during Friday’s crypto market crash, but its CEO would have none of it.
Traders tried to blame Wintermute for suspicious deposits during Friday’s crypto market crash, but its CEO would have none of it.
Donald Trump threatened to renew a tariff war with China on Friday, and the news briefly spooked $600M out of crypto valuations.
Solana futures are mispriced to such a degree that arbitrageurs are looking at double-digit USD yields on properly timed hedges.
Bitcoin investors broadcasted horror onto social media and demanded someone go to jail for a supposed flash crash yesterday.
Bullish and Gemini have used new accounting rules to make their net income/loss look even better, but the IPO was their main focus all along.