Market Maker

Sam Bankman-Fried, the face behind crypto giants FTX and Alameda Research, acknowledged his awareness of the potential risks tied to the controversial decision to use the former's funds to repay the latter's debts. This concession came during the intense cross-examination by Assistant...

Alameda Research enjoyed unique access on the FTX platform, enabling the crypto hedge fund to utilize $8 billion of the exchange's client funds, revealed Gary Wang, the former chief technology officer (CTO), during Sam Bankman-Fried's trial on Friday.  Wang, who was instrumental...

Zero-knowledge (ZK) layer 2 blockchain CryptoGPT has secured $10 million in a Series A funding round led by market maker DWF Labs. The blockchain’s valuation now stands at $250 million, according to a statement. CryptoGPT is focusing on integrating ZK technology for private data transfers,...