Bitcoin24h $86,308.13+0.38%

Ethereum24h $2,739.74-0.85%

BNB24h $788.02-1.39%

XRP24h $1.56+4.49%

Solana24h $117.16-0.48%

TRON24h $0.3412-1.06%

Zcash24h $1,550.80+3.44%

Hyperliquid24h $95.28+2.08%

Dogecoin24h $0.0991+2.64%

Monero24h $571.69+0.20%

Trouble in paradise: Bahamas fears FTX crash could hurt its rep

Politicians in the Bahamas are concerned that the collapse of FTX could damage the country’s reputation as a finance and crypto hub.

How decentralized is DeFi, really?

How decentralized are DeFi protocols with a small group of leaders with admin keys, multi-sig wallets, and wealth-based voting policies?

Protos reviewed documents filed by Alameda Research that reveal that it held FTX equity on its balance sheet, bought from Binance in 2021.

Alameda’s ties to rural Moonstone Bank had the internet enraptured over Thanksgiving. Protos re-interviewed a top exec to learn more.

Green bitcoin miner Iris Energy saw its share price plummet after it admitted that it was unable to repay more than $107M to US creditors.