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alameda research

Solana’s SOL Surges After Blockchain's Foundation Delays Plan to Unstake Tokens

A record amount of SOL was unstaked as investors reclaimed their tokens from the blockchain's security mechanism. But it could have been a lot more. The SOL price jumped 27%.

By Jocelyn Yang

Nov 10, 2022 at 8:37 p.m. UTC

Nov 10, 2022

SolanaSOLMarketsTradingAlameda ResearchStaking

CDCROP: FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)

FTX-Backed Crypto Unicorn LayerZero Bought Out Stake

The interoperability protocol sent a memo to investors outlining its buyout strategy.

By Brandy Betz

Nov 10, 2022 at 7:12 p.m. UTC

Nov 10, 2022

FTXFTX VenturesAlameda ResearchFundingVenture Capital

CDCROP: FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

FTX Violated Its Own Terms of Service and Misused User Funds, Lawyers Say

Although the crypto exchange's terms of service prevented it from using customer assets, lawyers suggest FTX's swift downfall indicates the funds were misused.

By Sandali Handagama

Nov 10, 2022 at 5:17 p.m. UTC

Nov 10, 2022

regulationsFTXSam Bankman-FriedBankruptcyAlameda Research

Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers' Funds Are 'Fine'

The trading company's owner tweeted the news on Thursday morning.

By Danny Nelson Nikhilesh De Nick Baker

Nov 10, 2022 at 2:19 p.m. UTC

Nov 10, 2022

Sam Bankman-FriedAlameda ResearchFTXTetherCrypto Exchange

FTX Used Customer Funds Among Other Assets to Prop Up Alameda Research in May: Report

FTX founder Sam Bankman-Fried transferred at least $4 billion in funds, according to a report.

By Shaurya Malwa Oliver Knight

Nov 10, 2022 at 8:30 a.m. UTC

Nov 10, 2022

FTXAlameda Research

CDCROP: Red Stop Light Traffic (Shutterstock)

DeFi Exchange Platform dYdX Places Solana in 'Close Only' Mode

The move comes after Solana has plummeted 40% in 24 hours due to its link with the beleaguered Sam Bankman-Fried empire.

By Sam Kessler

Nov 9, 2022 at 11:42 p.m. UTC

Nov 9, 2022

SolanaDeFidYdXAlameda ResearchFTX

CDCROP: Alameda Research has moved $37 million of wrapped bitcoin off the FTX.US crypto exchange. (Arkham intelligence)

Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange

The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.

By Krisztian Sandor

Nov 9, 2022 at 9:18 p.m. UTC

Nov 9, 2022

Alameda ResearchSam Bankman-FriedFTX

CDCROP: Stock charts against the sky with lightning. World financial crisis concept (Getty Images)

Business

Ftx

Why Is Crypto Tanking: The FTX-Binance Drama Explained

The world’s largest crypto exchange, Binance reversed course on a plan to bail out competitor FTX in an event that has shocked the crypto industry and is catching the attention of regulators.

By Sam Kessler

Nov 9, 2022 at 8:39 p.m. UTC

Nov 9, 2022

FTXAlameda ResearchBinanceSam Bankman-FriedSBFCZ