Blockworks took a look at what really happened behind the scenes at FTX and Alameda in the days leading up to the demise of both firms
From ETFs to ordinals to mining, Bitcoin has become a much more complex asset with highly specialized financial products surrounding it
The Bitcoin white paper was released on Oct. 31, 2008, and the cryptocurrency’s first block was mined on Jan. 3, 2009
$103M raised this week by blockchain builders, including $20 million for a Call of Duty style shooter
Most crypto stocks, with the exception of MicroStrategy, cooled down a bit as trading continued into the afternoon
AllianceBernstein is an asset manager with $669 billion in AUM as of September 2023
Futures and options contracts for bitcoin and ethereum are soared in Q3 as institutions continue to grow more interested
Mining stocks were particularly improved after a pretty brutal summer that chipped away at their share prices
The US specifically drives the vast majority of crypto activity in North America, helped by large institutional traders
Bitcoin miners serving AI-curious customers is becoming a trend, with Hive Blockchain and Hut 8 the first to capitalize during the brutal summer months
A wide variety of firms had successful raises this week, including one developing a decentralized alternative to Google Docs
Ripple has gotten a lot of attention for its court sparring with the SEC as of late
The top performers with respect to realized hash rate gains in Q3 were Bitdeer, CleanSpark and Marathon Digital
Former FTX CTO Gary Wang alleged that on days when a loss for FTX might have occurred, that loss was shifted over to Alameda
Two former FTX and Alameda employees, Gary Wang and Adam Yedidia, as well as Paradigm co-founder Matt Huang, testified in court Thursday
Former FTX employee Adam Yedidia described Sam Bankman-Fried’s state of mind in June 2022 when Alameda Research allegedly owed FTX customers $8 billion