GSR
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GSR Proactively Manages Risk Exposure in Cryptocurrency Market
It is reported that GSR, a cryptocurrency market maker, said to its customers and communities that due to its proactive risk management approach, GSR’s residual risk exposure to Signature is very small, and there is no direct risk exposure to Silicon Valley Bank and Silvergate. GSR: There is a small amount of risk exposure to Signature and no direct risk exposure to SVB and Silvergate Analysis based on this information:The rise of the cryptocurrency market has attracted a number of market makers, including GSR, which has recently made a statement regarding its proactive risk management approach. According to the statement, GSR claims that their residual risk exposure to Signature is very small, and that there is no direct risk exposure to Silicon Valley Bank and Silvergate. This statement highlights the importance of effective risk management in the cryptocurrency market. Unlike traditional financial markets, the cryptocurrency market has a high degree of volatility and a lack of regulation. Therefore, it is…
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Approval of STG Market Maker Proposal by Stargate Community
On February 20, the snapshot page showed that the vote on the proposal of \”hiring GSR as the market maker of STG in the centralized exchange\” initiated by the …
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GSR Foundation to Solve Technical Barriers for Marginalized Communities
It is reported that GSR, a cryptocurrency market maker, will launch the GSR Foundation and pledge US $10 million, which the company said will be used to solve …
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GSR Implements New Layoffs Amid Cryptocurrency Market Volatility
According to reports, according to people familiar with the matter, GSR, a cryptocurrency market maker, has implemented further layoffs, affecting 5% to 10% of…
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Stargate Proposes Market Maker and Option Allocation to Address Insufficient Liquidity Risk
On February 15, Stargate, a cross-chain liquidity agreement based on LayerZero, launched a proposal to introduce GSR as a market maker and allocate 8 million S…