Crypto.com CEO addresses FUD,says he ‘has nothing to hide’

Crypto exchange crypto.com‘s CEO Kris Marszalek posted a thread on his Twitter account to acknowledge that more FUD targeting crypto.com is coming and that he had “nothing to hide.” Marszalek implied that the attackers focused on his failed business from 20 years ago to spread FUD about him and his current company. To address the…

Alameda’s capital portfolio reveals highest token investments in Polygon, Hole, and Port Finance

The capital portfolio of the fallen quantitative cryptocurrency trading firm Alameda Capital was recently released by Financial Times, revealing some interesting investments. According to the spreadsheet, there are nearly 500 illiquid investments spread across ten holding companies in the portfolio of FTX/Alameda worth $5.4 billion.  Source: Financial Times Two of the most significant investments were…

Gate.io launches $100M industry liquidity support fund to revive crypto industry

Gate.io, the cryptocurrency trading platform, has launched a $100 million industry liquidity support fund to help revive the crypto industry. The fund is open to all market makers, high-frequency trading institutions, high-quality listing projects, and other institutional clients or HNW individuals, including but not limited to Gate.io or other platforms from the industry. Gate has…

CZ publicly addresses ‘wrong narratives’ surrounding FTX, Alameda

Binance CEO Changpeng ‘CZ’ Zhao addressed a number of allegedly ‘wrong narratives’ that have been circulating on social media in recent weeks. A list of wrong narratives I have seen recently. — CZ 🔶 Binance (@cz_binance) December 6, 2022 CZ addressed five specific “wrong narratives”: “CZ wants to be the savior of crypto” “FTX was…

Michael Saylor puts SBF on blast for ‘committing the sin of sh*tcoinary’

MicroStrategy Chair Michael Saylor called out former FTX CEO Sam Bankman-Fried (SBF) for “committing the sin of sh*tcoinary.” It has been a month since the FTX run resulted in the platform filing bankruptcy and the firm’s inner workings were laid bare. Much has happened during this time, but the underlying problem remains a $3.1 billion…

KuCoin announces third-party PoR verification procedures

Kucoin Exchange Company in Africa KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies which was launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users across 207 countries and regions around the world.​ Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with 24/7 multi-language customer services. Learn More…

Research: Coinbase Premium Index goes green for the first time since FTX collapse

According to the on-chain data and analytics provider, CryptoQuant, the Coinbase Premium Index has turned green for the first time since the fallout of the FTX collapse. As an indicator that shows a sign of “whale accumulation,” Coinbase Premium is the price difference between Coinbase’s BTC/USD pair and Binance’s BTC/USDT pair. “For example. when the…

SBF had detailed info on Alameda’s finances as recently as March, Forbes reveals

In contrast to Sam Bankman Fried’s recent claims that he wasn’t aware of Alameda’s position, Forbes recently released its communication with SBF when drafting their billionaires’ list, indicating that he was well versed in Alameda’s finances. During his recent interview with the New York Times, the ex-CEO said Alameda made risky investments on the FTX…