SOL Validators Raking in Unbelievable Subsidies from Alameda Research and Sol...
A user on X, arixon.eth, alleges that over 90% of Solana validators are subsidized heavily by the Solana Foundation and Alameda Research, the defunct trading wing associated with the bankrupt cryptocurrency exchange FTX. In a post on October 4, the analyst said the level of subsidy is “shocking” but will come to “harm SOL prices in […]
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Sam Bankman-Fried's Alameda Research has established ties with RenVM to bring more DeFi assets to the Solana blockchain.
Gary Wang, co-founder and former chief technology officer (CTO) of the now-bankrupt FTX exchange, again took the stand on day four of former CEO Sam Bankman-Fried’s criminal trial. The former FTX executive disclosed the relationship between the cryptocurrency exchange and Alameda Research. FTX’s Sam Bankman-Fried Allegedly Gave Alameda Research ‘Special Privileges’ According to various reports, […]
The ongoing trial against Sam Bankman-Fried (SBF), former founder of the FTX crypto exchange, coupled with the testimonies of Caroline Ellison, the ex-CEO of Alameda Research and his former romantic partner, has unveiled a slew of crazy stories and intrigues. Given the rapid pace and depth of these developments, we’ve distilled the most jaw-dropping moments. […]
Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that an account on its platform was used in connection with unauthorized transfers at FTX. Kraken Freezes Accounts Belonging to FTX, Alameda Research, and Executives Cryptocurrency exchange Kraken has taken steps to freeze verified accounts on its platform belonging to FTX Group, Alameda Research, and their executives. The official Twitter account for Kraken tweeted early Sunday morning: Kraken has....
YFI price is still in a downtrend and many investors believe all attempts at recovery are being suppressed by Alameda Research. Yearn Finance (YFI) price has been in a serious rut during the past 2 weeks and many in the crypto community blame the sharp correction on Sam Bankman-Fried (SBF), the CEO of Alameda Research and FTX. In the past month, DeFi giant Yearn.finance’s native token YFI dropped 62.7% from $43,970 to $16,360.As Cointelegraph has reported, the majority of DeFi tokens corrected 40%-60% in September and this sell off took place as Bitcoin and Ether (ETH) prices also dropped.....