Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K

Alameda Research, headed by Sam Bankman-Fried, whose net worth lately has reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Bitcoin’s (BTC) painful plunge below $30,000 on Tuesday turned into a so-called “buy the dip” opportunity for Alameda Research, a Hong Kong-based quantitative trading firm and liquidity solutions firm headed by FTX CEO and founder Sam Bankman-Fried.Quantitative trader Sam Trabucco revealed late Tuesday that the company purchased Bitcoin during its latest price decline, adding that the company’s cautious strategy to go long BTC/USD surfaced out of at least three “recovery” catalysts: a potential end to the ongoing crypto FUD (China ban, Grayscale epic unlock, etc.), the stock market’s intraday recovery, and weaker long liquidations in the derivatives market.

Billionaire SBF says FTX may one day buy Goldman Sachs and CME

FTX CEO Sam Bankman-Fried has said that acquiring Goldman Sachs and CME “is not out of the question,” if the exchange beats competition from Binance and Coinbase.

Bulls on parade: Galaxy Digital and Alameda pundits tip market recovery

Jason Urban, co-head of Galaxy Digital Trading thinks institutional adoption of crypto is in its early days and predicts BTC is set to reach new all-time highs once the FUD dissipates.

Top Crypto Trading Firm Alameda Research Betting on Market Recovery – Here’s Why

The quantitative cryptocurrency trading firm Alameda research is betting on a market recovery, even as Bitcoin fails to recover the $40,000 level.

FTX becomes official crypto sponsor of MLB

Sam Bankman-Fried, founder and CEO of FTX and Alameda Research, announced the new partnership on Wednesday.

FTX’s Sam Bankman-Fried: Institutions are ‘desperate’ for crypto

Is SBF going to lobby the government on behalf of crypto? How badly do institutions want in on the blockchain game? When's a moat an impediment to growth, and not a protective shield? As FTX and Alameda Research increasingly enter the public eye, one side effect is that the decabillionaire is himself a growing public figure.

Solana Labs raises $314M via private token sale as ecosystem support expands

Andreessen Horowitz and Polychain Capital led the raise, with additional contributions from Alameda Research, Blockchange Ventures, CMS Holdings, Coinfund, CoinShares, Collab Currency, Memetic Capital and many others. Cryptocurrency venture capital funds have poured hundreds of millions of dollars into Solana Labs to support further development and execution of decentralized applications and platforms building on Solana. Solana Labs, the blockchain development studio devoted to incubating Solana projects, announced Wednesday that it had raised $314.15 million through a private token sale — marking one of the largest private sales of the year.

Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding

The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors.

DeFi tracker Step Finance raises $2M from Solana ecosystem investors

The Solana ecosystem continues its development in DeFi. Step Finance, a Solana-native decentralized finance protocol, announced the completion of a private token sale for $2 million, which will help build and develop its platform. The round, disclosed on Tuesday, saw participation from notable Solana backers including Alameda Research, the hedge fund known for launching and backing FTX and Serum.

ChainSwap raises $3M from investors including Alameda Research and NGC Ventures

The multi-chain bridge hub aims to bridge Ethereum and BSC and beyond.

Alameda Research invests $4M in Vietnamese DeFi project

The DeFi market continues to heat up, with Alameda Research identifying Southeast Asia as a potential growth hub.

VCs bet big on layer-two as StarkWare raises a staggering $75 million

Scalability is a hot investment as VCs and retail pour into rollup and sidechain solutions As Ethereum gas fees soar and the demand for scalability reaches fever pitch, layer-two scaling solution has announced today a $75 million Series B funding round led by Paradigm, Three Arrows, Alameda Research, Pantera Capital, and Sequoia, among others.  The team announced the raise in a Tweet: Announcing our $75M Series B, led by @paradigm, with new investors (Three Arrows & @AlamedaResearch), and old ones too (@PanteraCapital, @sequoia, @foundersfund, @DCVC, @Wing_VC).— StarkWare (@StarkWareLtd) March 24, 2021 StarkWare, which previously raised $30 million in 2018, offers zero-knowledge rollup technology allowing for offchain computation, beefed up transactional throughput, and claims to offer mainnet-coparable security guarantees. CEO

REEF Finance CEO Addresses the Alameda Research Fiasco: What We Know So Far

The Reef Finance community was taken ablaze today following tweets on behalf of Alameda Research, refuting the partnership release from last week.

Alameda Research invests $2M into crypto market maker Efficient Frontier

Alameda Research has invested $2 million in a Tel-Aviv-based market maker claiming to process nearly $10 billion in volume monthly across 50 crypto exchanges. The news was announced by Efficient Frontier on March 15, with the company stating the funding will be used to “expand its balance sheet” and build its position within the crypto asset sector. Efficient Frontier chief executive, Roei Levav, stated: Sam Bankman-Fried’s Alameda Research has invested $2 million in Tel-Aviv-based algorithmic crypto market maker, Efficient Frontier. “This funding, coming from such a strong team, is humbling and will help us to further improve our value proposition to our partners.” “Efficient Frontier is one of the most advanced trading companies in our space,” said Alameda’s co-founder and CEO, Sam Bankman-Fried.

Alchemix announces $4.9 million raise led by CMS, Alameda, and e-Girl Capital

Established VC firms join more atypical investment entities in positioning the young DeFi protocol for the future A fast riser in the decentralized finance (DeFi) world has announced a $4.9 million raise today led by major industry venture capital groups — as well as some unusual, upstart players.  Alchemix, a DeFi lending protocol whose loans automatically repay themselves via deposits into other yield-bearing protocols, announced on Discord today a $4.9 million raise led by ten investors including industry mainstays CMS Holdings and Alameda Research, as well as upstart crypto VC players such as eGirl Capital.

Alameda Research invests $20M in Reef Finance

The investment will reportedly allow Reef to implement more cross-chain integrations with Serum and Raydium on Solana. After investing in travel app Maps.me and decentralized finance protocol Oxygen, Alameda Research will be putting $20 million into Reef Finance, the Polkadot-based DeFi platform. According to Reef Finance, Alameda Research will be purchasing $20 million worth of the firm’s native tokens, REEF — roughly 528 million at the current price of $0.03787.

REEF Finance Receives $20 Million Investment from Alameda Research

REEF Finance saw a $20 million investment from Alameda Research.

Alameda Research invests $40 million in Oxygen DeFi project

Alameda Research led an investment round worth $40 million in Oxygen, a Solana-based DeFi prime brokerage protocol.

Alameda Research doubles down on Maps.me, invests $40 million in Oxygen

Alameda Research is going all-in on a travel app to jumpstart DeFi adoption How much are 140 million users worth?  After a $50 million direct investment in travel app Maps.me earlier in the year, Alameda Research has announced today a $40 million investment in decentralized finance protocol Oxygen, a Solana-based lending platform that will plug into the app.  Similar to lending protocols such as Aave and Compound, “Oxygen will first offer borrow-lending services via pools, in which users will deposit their assets and leverage Serum’s on-chain infrastructure to lend according to their desired terms.

Following V2 plans, Balancer raises $5 million from Three Arrows & DeFiance

Two of the largest crypto funds join Pantera Capital and Alameda Research in contributing to Balancer's $12 millions series A funding round Balancer Labs announced today a $5 million investment round led by DeFi (decentralized finance) mainstays Three Arrows Capital and DeFiance Capital.

SBF says he's amassed a $10 billion fortune in just three years in crypto

FTX exchange CEO Sam Bankman-Fried is worth an estimated $10 billion according to a New York Magazineinterview.

Manta aims to bring a private decentralized exchange to Polkadot with $1.1M raise

Manta Network may be the first DEX to fully shield its activity from prying eyes. Manta Network has closed a $1.1 million funding round to create a fully private decentralized exchange on Polkadot. Announced on Tuesday, the round was led by Polychain Capital and joined by Hypersphere Ventures, Three Arrows Capital, Defiance Capital, Multicoin Capital, Alameda Research, BTC12 Capital, Genblock Capital, Rarestone Capital and AU21 Capital. Manta wants to create an automated market maker exchange on Polkadot that would feature fully private swaps.

Interoperability Project Ren ‘Joining’ Alameda Research

Sam Bankman-Fried's Alameda Research has established ties with RenVM to bring more DeFi assets to the Solana blockchain.

FTX Token (FTT) rallies 105% as interest in derivatives trading grows

In the last 30 days, FTX Token rallied 105% as its exchange surpassed BitMEX and Deribit's open interest, but is there room for further upside? FTX is a cryptocurrency derivatives exchange backed by Alameda Research, a quantitative trading firm and crypto liquidity provider.  The exchange launched in April 2019 and offered the usual spot trading, inverse swaps and futures contracts that can be found at other major platforms.

Alameda-Backed Investment Platform ‘Stacked’ Acquires Automated Trading Service

Terms of the deal were not disclosed.

Travel Firm Backed for USD 50m in Bid to Develop ‘Killer DeFi App’

Travel industry player Maps.me has taken the DeFi plunge with a USD 50m fundraising effort it has described as “an investment into the embedded DeFi ecosystem.” In a press release shared with Cryptonews.com, the firm revealed that its backers in the USD 50m drive include the Berkeley and Hong Kong-based Alameda Research, which is fronted by Sam Bankman-Fried, the head of

SBF leads $50M funding round to bring DeFi to Maps.me's 140M users

A travel and mapping application with 140 million users worldwide has raised $50 million to integrate decentralized finance protocols into its platform. Leading offline mapping application Maps.me has conducted a $50 million seed funding round to embed decentralized finance tools onto its platform. The funding round for “Maps.me 2.0” was led by Sam Bankman-Fried of Alameda Research and also featured participation from crypto venture heavyweights CMS Holdings and Genesis Capital. Maps.me 2.0 will be a wide-ranging application, featuring travel guides, hotel bookings and mapping services, in addition to exchange features and a multicurrency crypto-asset wallet offering annual yields of up to 8%.

Offline Travel App Maps.Me Raises $50M in Seed Funding Led by Alameda Research

The funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem.

Tether Mints Record 2B USDT in One Week

The previous record of 1.5 billion USDT was set the week before last.

Wrapped Bitcoin ‘Burns’ Increase as Traders Rotate Capital Out of Cooling DeFi

WBTC burns picked up in November, continuing into December.

Ten crypto leaders are in the new Forbes 30 Under 30 list

Forbes new list of 600 up and coming entrepreneurs aged below 30 features 10 representatives from the crypto and blockchain sectors. Ten of the youthful business leaders featured in this year's Forbes’ 30 Under 30 list work in blockchain and cryptocurrency, highlighting increasing acceptance of the industry from the mainstream media. Despite its name, the list actually highlights 600 young people across various categories — with the crypto alumni including seven individuals in the finance category, one in venture capital, one in energy, and one in manufacturing. The finance category features the founder of the $1.2 billion crypto derivatives exchange FTX, and quantitative trading firm Alameda Research, Sam Bankman-Fried.

DeFi's biggest names contribute to $1.1M investment in dHEDGE's fund managers

dHEDGE has announced that $1.1 million will be injected into its fund managers’ pools by six of the platform’s investors and the dHEDGE DAO. Some of the biggest names in DeFi, including Framework Ventures and Alameda Research, are backing the expansion of decentralized asset management protocol dHEDGE. The investors and the protocol’s decentralized autonomous organization (DAO) will collectively invest $1.15 million into an initial cohort of 33 fund managers operating on the platform. dHEDGE is a non-custodial social trading platform that allows users to choose asset managers to pool their funds with.

Not just Wall Street: Quant trader explains why Bitcoin price is going up

Alameda Research’s Sam Trabucco pinpoints four main factors that are pushing the price of Bitcoin toward its all-time high. Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC).  The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other markets.

Traders Brace for Major Volatility as Bitcoin Price Nears Record Highs

Volatility has stayed relatively low through Bitcoin’s slow march toward record highs.

Union Raises $3.9 Million From Alameda Research and Others to Tackle DeFi Risks

A software innovation company - Union - has raised $3.9 million from Alameda Research, 3 Commas, and others, to minimize DeFi-related risks.

Razor Network Raises $3.7M to Prove There’s Room for More Oracles in DeFi

Razor Network raised $3.7 million in seed funding from NGC Ventures, Alameda Research and Mariano Conti, the former oracles chief at MakerDAO.

Alameda Research Invests $3M in 3Commas Crypto Trading Platform

Sam Bankman-Fried’s Alameda Research has invested $3 million in trading platform 3Commas.

Indian Trade Finance Startup Raises $3.7M in Token Sale Led by Arrington XRP

Persistence has closed a $3.7 million token round led by Arrington XRP Capital and including Alameda Research, Terra and others.

DeFi traders blame YFI price collapse on shorting by Alameda Research

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.

Record $616M of Wrapped Bitcoin Minted in September

Monthly value of minted WBTC grew 160% from August.

Another record-breaking WBTC mint - Bitcoin demand on Ethereum to grow?

On 25 September, crypto-trading firm Alameda Research minted the largest-ever quantity of Wrapped Bitcoin [WBTC].

DeFi Yield Farming Aggregator APY.Finance Raises $3.6M in Seed Funding

The aggregation platform raised the seed funding from a roster of investors that includes Alameda Research, Arrington XRP Capital and Coingecko.

DEX Aggregator ParaSwap Raises $2.7M Seed Round From Deep Roster of Crypto Investors

ParaSwap has raised $2.7 million in seed funding from 32 investors including Blockchain Capital, Alameda Research, CoinGecko and more.

Alameda Research Co-Leads $1.8M Seed Round for DeFi Protocol Linear Finance

NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital also led the round.

Alameda Research Claimed Nearly 70% of Wrapped Bitcoin Minted In August

Alameda claimed 14,654 WBTC in August following approval of its Compound collateral proposal.