Market Synergy Group Taps Seasoned Retirement Industry Executive for Chief Strategy Officer Role
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Tre DePietro steps into the newly created role from Credit Suisse, where he developed prominent solutions in the insurance marketplace, including leading index innovation for the FIA space.
Tre DePietro joins Market Synergy Group of Topeka, Kan., in the newly created role of Chief Strategy Officer.
Nationwide, roughly 10,000 baby boomers turn 65 every day, my parents and close family members included. My motivation is simple to improve what is available to their generation and ensure future generations have access to an even wider range of retirement planning options when they reach 65.
Bitfinex Integrates Copper’s ClearLoop, Offering Counterparty Risk Solution, Off-Exchange Settlement
Bitfinex, a token trading platform, and
Copper.co, a digital asset infrastructure provider (through third party banking partners), have announced the integration of ClearLoop, Copper’s instant off-exchange settlement and clearing network.
Copper’s segregated custodian account provides institutional grade custody thereby mitigating counterparty risk and reducing deposit and withdrawal waiting time. The solution removes the need for institutional customers to move digital tokens from a secure cold wallet into an exchange’s hot wallet, a process that can often take between 10 minutes to one hour. These delays are exacerbated when factoring in withdrawals and post-trade settlement. ClearLoop has the stated aim of eliminating these outdated processes by enabling off-exchange settlement that it says can be delivered in less than one second.
Bitfinex Handles 400,000 Trading Events Per Second Amid Frenetic Bitcoin Trading Date
09/02/2021
Bitfinex, a state-of-the-art digital token trading platform, successfully managed 400,000 ‘trading events’ per second yesterday amid a frenzy of speculation on bitcoin after Elon Musk s Tesla bought US$1.5 billion of the world’s biggest cryptocurrency.
Bitfinex cemented its preeminent position, delivering a high-performance trading experience while rival exchanges suffered downtime amid soaring website traffic as the bitcoin price spiked to US$48,000.
Bitfinex handled approximately 400,000 events, or connections, per second from a global customer base between 1pm and 5pm UTC on February 8th. These connections were composed of crypto investors seeking to trade or obtain a price for digital tokens.