While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle.
Powered by WPeMatico
Category: Jane Street
Auto Added by WPeMatico
Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures
A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big […]Powered by WPeMatico
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel Securities. In the Twitter […]Powered by WPeMatico
Former FTX US President lashes out at ‘insecure’ SBF in 49-part Twitter thread rant
Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO.
Powered by WPeMatico
Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018
Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have been a facade as a recent report details that Alameda suffered from financial troubles as early as 2018. People familiar with the matter said Alameda […]Powered by WPeMatico
Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills
According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the radar, but the two-day meeting was reported on after “130 or so” attendees met. An Exclusive, Closed-Door Meeting Took Place in Beverly Hills With Wall […]Powered by WPeMatico
Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round
1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the […]Powered by WPeMatico
Jane Street Prefers Volatile Markets, Including Bitcoin
A lot of companies have shown an increasing interest in Bitcoin and other cryptocurrencies. One firm which has been doing so in secret goes by the name of Jane Street. This firm has flown under most people’s radar for quite some time now, despite trading over US$5 trillion worth of assets throughout 2017. Jane Street and Bitcoin Trading It has become rather apparent that Bitcoin trading is quite popular. While the overall trading volume isn’t exactly impressive as of right now, not all trades occur through the exchanges associated with cryptocurrency. There are also dark pools, OTC trades, and even firms dealing inPowered by WPeMatico
Secretive High-Tech Wall Street Trading Firm is Now Trading Bitcoin
This week Jane Street Capital a global proprietary trading firm has announced it has been trading BTC these days. Often referred to as one of Wall Street’s most secretive investment companies, Jane Street says if cryptocurrencies continue to rise they expect to be involved. Also read: Championing Decentralized Exchanges, Now Might Be the Perfect Time […]
The post Secretive High-Tech Wall Street Trading Firm is Now Trading Bitcoin appeared first on Bitcoin News.
Powered by WPeMatico