Here’s What FTX and Alameda Now Hold on Public Ethereum Wallets
Ethereum-based t<a href="https://dune.com/21shares_research/alameda-and-ftx-tracker">oken data on Dune Analytics</a>, shows the current state of wallet holdings held by FTX and Alameda.
134 FTX-related Entities Filed A Bankruptcy Petition in The U.S
There are 134 FTX-related entities that filed a petition in the U.S. Bankruptcy Court for the District of Delaware for relief under Title 11 of the United States Code. Including Alameda Research Holdings Inc.、Alameda Research LLC、Alameda Research Ltd、FTX Canada Inc、FTX Hong Kong Ltd、FTX Lend Inc、FTX US Services, Inc.、FTX US Trading, Inc、FTX Ventures Ltd、FTX US Derivatives LLC、Blockfolio Holdings, Inc., etc.
FTX’s Bankman-Fried Quietly Invested More Than $500 Million in Sequoia and Other VCs
Bankman-Fried’s trading firm, Alameda Research, which had close ties with his crypto exchange FTX and which shut down this week, invested at least $20 million in Paradigm last year, according to two people with direct knowledge of the matter.
California Financial Regulator Announces FTX Investigation
California's Department of Financial Protection and Innovation announced it was investigating FTX late Thursday. The regulator did not provide much detail in a press release, only saying it was "investigating the apparent failure of crypto asset platform FTX." A spokesperson declined to comment further.
FTX US Employees Attempt to Sell Assets in CEO Bankman-Fried’s Absence
Employees working for the U.S. arm of FTX's cryptocurrency exchange business are trying to sell company assets, in some cases without CEO Sam Bankman-Fried's “participation,” according to Bloomberg News, which cited two people familiar with the matter.
After Rattling Confidence in FTX, Binance Still Holds 5% Of FTT Supply
The wallet that Binance’s FTX tokens were transferred into still has 17 million FTT, worth approximately <a href="https://etherscan.io/token/0x50d1c9771902476076ecfc8b2a83ad6b9355a4c9?a=0x28c6c06298d514db089934071355e5743bf21d60" target="_blank">$65 million</a> at the time of writing, according to Etherscan. Binance’s position represents a 5% stake in the total FTT supply.
Latest Developments Following the FTX Collapse
Deep dive into the latest developments of the FTX collapse, by analysing all the verifiable information, and related events that have come out since the initial collapse.
Chainlink Labs Offers Proof of Reserve Service for Embattled Exchanges
Chainlink Labs offered its Proof of Reserve product as a solution to future trust issues in the crypto exchange market on Nov. 10. In a tweet thread, Chainlink Labs <a href="https://twitter.com/chainlink/status/1590805758643519488" target="_blank">asked</a> “Will crypto continue to repeat the mistakes of the traditional black-box financial industry? Or will a better system emerge?”
FTX Disaster: Expectations, Lessons & Opportunities
Crises also bring opportunities. As we can expect more price turbulences in the coming weeks, now is a good time to plan your next steps.
LayerZero CEO Willing to Accept 2.8 Million STG in FTX at 1:1 Rate
Bryan Pellegrino, Co-Founder and CEO of LayerZero Labs, announced LayerZero is willing to follow Tron’s step and accept STG balances in FTX at a rate of 1:1 (STG basis) to the underlying STG, with a cap of 50k STG(roughly 2.8 million) in total. Its goal is to “help as many people get something out as possible”.
