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Cumberland Earns Bitlicense, Bolstering Institutional and OTC Crypto Services
17.6.2024
According to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial Services (NYDFS). Cumberland DRW Secures Bitlicense Cumberland, a trading desk that provides institutional...
Hashnote's U.S. Treasuries Token Now Available Through Crypto Custodian Copper
5.2.2024
Not all the so-called “on-chain treasuries” in the market are created equal, warns Hashnote CEO Leo Mizuhara
Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task
4.1.2024
Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S
Cumberland Labs unveils SaaS API for public blockchains and DeFi protocols
8.6.2023
When Cumberland Labs looked for a gateway between blockchains and DeFi protocols, it came up with its own universal API service
Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others
9.5.2023
Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday
Institutional DeFi Startup Hashnote Is First to Emerge From Incubator Cumberland Labs
28.2.2023
The regulated DeFi asset manager was launched with a $5 million investment from the Web3 incubator
Crypto Trading Firm Cumberland Can Trade Crypto With Canadian Dollars
30.1.2023
The move comes one week after Cumberland inked a deal Canada-based crypto platform BitBuy to boost liquidity on that exchange
Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure
20.1.2023
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
4 ‘emerging narratives’ in crypto to watch for: Trading firm
26.12.2022
The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with "real world utility" gain traction
Crypto Trading Firm Cumberland Says Bull Market is Close – Have We Bottomed Already?
13.12.2022
Despite the ongoing crypto market downturn which fuels concern amid many industry observers, an increasing number of developments suggests that a new bull market could be close, according to a recent analysis by crypto asset trading company Cumberland....
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Cumberland Favors Bitcoin Option Trades to Profit From US CPI
13.12.2022
Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said
Strengthening Ether-Nasdaq Correlation Muddles Post-Merge Bullish Plays: Cumberland
21.9.2022
The Merge has skewed demand-supply dynamics in favor of the bulls. But, the strengthening correlation with Nasdaq means big gains may remain elusive in case of broad based risk aversion
DeFi Incubator Cumberland Lab Comes Out of Stealth Mode
21.7.2022
The growing Singapore-based Web3 lab will have 25 staffers by week's end
Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
6.7.2022
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “​​rangebound price action belies a volatile picture below the surface,” while crypto markets consolidated during the past week. Cumberland stressed...
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
19.6.2022
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous...
South Korea’s Largest Bank Unveils Bitcoin Custody Services
9.8.2020
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with...
Former Cumberland and Circle Traders Pool Money for Crypto Prop Trading
12.11.2019
Bobby Cho, former trading head at Cumberland, has formed a crypto prop-trading firm with former two Circle execs
Bittrex, Coinbase and Kraken Set up Crypto Rating Council
30.9.2019
The heavy hand of regulators has been stifling the growth of the cryptocurrency industry in the U.S. and caused innovators to flock abroad. In a bid to mitigate one aspect of this problem, major players have now created a joint system for rating what constitutes a security token. Also Read:...
IOTA (MIOTA) Price Analysis: IOTA Recently Listed in Exchanges Like Cumberland & Piexgo
9.6.2019
IOTA (MIOTA) recently announced ‘Coordicide Solution’ which is a distributed ledger technology aimed at removing the barriers to real-world adoption. Again, IOTA token is now available on Piexgo.com worldwide. Additionally, the altcoin is available Over-The-Counter on Cumberland exchange....
Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm
6.6.2019
Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures