Wednesday, October 15, 2025

The Crypto Liquidation Crisis Highlighted OTC Desks as Crucial Shock Absorbers, Finery Markets Says

Over-the-counter (OTC) desks played a crucial role in stabilizing trading during the recent crypto market crash by acting as shock absorbers that contained volatility and limited broader systemic risks, according to a note from Finery Markets, a leading crypto ECN and trading SaaS provider ranked among the top 30 digital ...



source https://www.coindesk.com/markets/2025/10/15/the-usd19b-crypto-liquidation-crisis-highlighted-otc-desks-as-crucial-shock-absorbers-finery-markets-says

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Elon Musk's X hires crypto-savvy design lead as X Money payments push inches closer

Benji Taylor, former CPO at Aave Labs and design head at Coinbase's Base, brings self-custody wallet and DeFi product experience to the ...