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Covering CW9, CW10 and CW11
1Token
How Token Projects work with Market Makers
Background
Recently Binance new project tokens arose heated discussions by the community.
First, it’s the REDStone token’s price chart that looks like a Christmas tree. Apparently it’s not made by normal traders but an error by token market makers.
Then, GoPlus token’s market maker was reported
Industry Trends in Flux: Bybit Hack, Tether Regulatory Void, and HK SFC Crypto Regulatory Roadmap
Bybit experienced a hack resulting in the loss of $1.46 billion in ETH and related tokens by Lazarus Group.
Tether remains unaligned with the EU's MiCA framework.
Hong Kong SFC has published the "ASPIRe" roadmap to enhance crypto asset regulation.
FTX finally begins repayments — $16B set to roll out, but at 2022 prices
LIBRA takes a nosedive, Binance realizing income, and FTX is finally paying out.
Navigating CEX Data: Transactions
1Token Middle-Office Insight Series:
Crypto Trading Data & Operations Essentials II
SEC Launches Crypto Task Force to Define Regulatory Boundaries
A tutorial video turned TST from a test asset into a viral memecoin, leading to a Binance listing. The SEC launched a Crypto Task Force to clarify digital asset regulations. MetaMask introduced its Gas Station feature, but competitors remain ahead.
From Legal Tender to Policy Reversal: El Salvador’s Bitcoin U-Turn
Tether reported $13 billion in 2024 profits, driven by Bitcoin, gold, and Treasuries. Meanwhile, El Salvador revoked Bitcoin’s legal tender status, citing volatility and adoption struggles. ETH is underperforming the market, with speculation of trading firm liquidations.
