Liquid markets are healthy markets, says Kairon Labs co-founder
Market making is a profession that has been around since the early 1980s, many crypto market makers come from backgrounds of traditional finance. Market maker Kairon Labs have been working with projects such as StepApp (FitFi) and Ergo, providing liquidity on over 30 exchanges.Kairon Labs and most other market makers agree that “liquid markets are healthy markets,” as when the markets are liquid, it allows for lower slippage and faster trades to occur, which allows for the fair trade of a token.Cointelegraph spoke with the managing partner Jens Willemen for his comments on current market....
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Record trading volumes have accompanied bitcoin's rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets.
There are now over 15,000 unique wallets staking on Stader Labs, with total value locked of around $500 million. On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment, and anger investors. This puts Staber Labs at a valuation of $450 million.Amitej Gajjala, CEO of Stader Labs, issued....
Key differences in the use and development of cryptocurrencies come to the fore as Blockchain Economy Istanbul continues to focus on emerging markets. The proliferation of cryptocurrencies around the world has been driven by different use-cases, with key differences becoming apparent between developed and emerging market environments.Lou Yu, who heads up KuCoin Labs, tackled the subject after a keynote address during the second day of Blockchain Economy Istanbul in Turkey. In an exclusive interview with Cointelegraph, Yu unpacked her experience working with a variety of projects and....
Major crypto exchange Coinbase published a message from its CEO, Brian Armstrong. The company has decided to reduce its workforce by 18% to “ensure we stay healthy during this economic downturn”. Related Reading | Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns Last year, Coinbase became the first crypto exchange to debut in public markets under […]
A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term. Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until the full launch of the consensus layer. As a result, Lido (LDO) has established itself as a leader in the liquid staking sector. Lido is one of the main staking protocols for several popular tokens and it allows token holders to earn an extra yield by....