Cumberland DRW


Finance

Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure

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.

(Genesis Trading, modified by CoinDesk)

Markets

Cumberland Favors Bitcoin Option Trades to Profit From US CPI

Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.

Cumberland favors bitcoin options strategy to profit from post-CPI price action. (Krzysztof Hepner/Unsplash)

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