Binance Under Fire for $19B Crypto Crash: Wintermute CEO Offers Defense On October 10, a devastating cryptocurrency market crash obliterated $19 billion in leveraged positions, marking one of the most brutal liquidation events in the industry’s chaotic history. As traders lick their wounds, a fierce debate rages over who—or what—is to blame, with Binance, the […]
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Crypto Liquidity Crisis 2024: Wintermute Sounds Alarm on Stalled Bull Market Hopes Wintermute, a titan among crypto market makers, has issued a stark warning that could rattle even the most die-hard HODLers: new liquidity is drying up in the cryptocurrency market. Instead of fresh capital flooding in to fuel the next bull run, price movements […]
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Binance and Wintermute Under Fire: Are They Behind Bitcoin and Ethereum Price Crashes? A storm is brewing in the crypto world as allegations emerge that Binance, the heavyweight champion of cryptocurrency exchanges, and Wintermute, a major market maker, might be colluding to orchestrate devastating price crashes for Bitcoin and Ethereum. Crypto pundit Butcher has ignited […]
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Wintermute Sets Up U.S. HQ in NYC, Appoints Former Crypto Lobbyist Ron Hammond Wintermute, a leading global cryptocurrency trading firm, has strategically expanded into the U.S. market by establishing its headquarters in New York City. The move is designed to navigate the evolving landscape of digital asset regulations and foster responsible innovation. To lead this […]
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Wintermute’s Yoann Turpin Critiques CeFi, Urges Shift to DeFi for Better Price Discovery Wintermute co-founder Yoann Turpin has raised significant concerns about the inefficiencies of centralized finance (CeFi) and over-the-counter (OTC) markets, advocating for a shift towards decentralized finance (DeFi) to enhance price discovery in the crypto ecosystem. Wintermute critiques CeFi and OTC market inefficiencies […]
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