Cumberland


Mercati

Coinbase Says Bitcoin Liquidity on Exchange Unfazed After SEC's Lawsuit Against Cumberland

Paris-based Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week.

Coinbase CEO Brian Armstrong (CoinDesk)

Politiche

SEC Sues Crypto Market Maker Cumberland DRW

The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer.

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Politiche

Crypto Trading Firm Cumberland Acquires New York's BitLicense

The company said it's one of the only principal trading firms to hold the state's crypto license.

(Michael Discenza/Unsplash)

Video

Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg

A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms over the weekend. Over $47 million worth of USD coin (USDC), which fell victim to a depeg last weekend amid banking concerns in the U.S., was sent to GSR Markets on Monday, with a further $50.3 million sent to Cumberland across two transactions, according to an on-chain analysis by Arkham Intelligence. "The Hash" panel discusses what this means for the state of stablecoins.

CoinDesk placeholder image

Finanza

Goldman Sachs Offering Bitcoin Derivatives to Investors

The bank will protect itself from the cryptocurrency’s volatility by buying and selling bitcoin futures in block trades.

Goldman Sachs Hands Clients Losses In 'Top Trades'

Mercati

Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm

Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures.

Chicago image via Shutterstock

Mercati

Crypto Trader Cumberland Upgrades from Skype to Wall Street Interface

Crypto market maker Cumberland is upgrading from trading by Skype to modern-day Wall Street-style screen-based interactions.

Bobby Cho (CoinDesk Archives)

Mercati

Galaxy Digital, Cumberland and More Plan New Crypto Code of Conduct

Ten crypto and financial startups are forming a new association to create standards of conduct for the blockchain space.

Galaxy Digital CEO Mike Novogratz (CoinDesk)

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