Author Archives: Protos

Digital asset information platform The Tie has compiled many of the tweets Sam Bankman-Fried has deleted in the past year. It showcases how tons of people are scrambling to sever ties with Bankman-Fried and FTX — and more importantly, gives insight into which of his own posts he doesn’t want you to see. The Tie shared a[Read more…]

With most eyeballs on FTX’s rapid meltdown last week, fears of a Crypto.com insolvency are swirling on the periphery. Some observers fear that Crypto.com or its Cronos (CRO) blockchain system could face similar struggles or financial shortfalls in the wake of the FTX collapse. The exchange spent exorbitant sums on marketing campaigns earlier this year,[Read more…]

Market chatter from on-chain researchers involved with Solana and Ethereum blockchains suggests that FTX might be benefiting from funds that have moved out of the Wormhole protocol within the last few days. Wormhole is a popular Ethereum-Solana bridge championed by Jump Crypto and Sam FTX’s Bankman-Fried. The current rumors are frothy given the high level[Read more…]

Sam Bankman-Fried’s (SBF) crypto empire was rattled yesterday when Binance began selling off its 23 million FTT tokens, worth more than $500 million. In a statement made shortly after the transaction, Binance chief Changpeng Zhao (CZ) said that the exchange intends to sell all of its FTT tokens in the coming months. This is in response to[Read more…]

It’s been a brutal year for cryptocurrencies, with the industry shedding trillions since hitting all-time highs last year. But the crypto market isn’t alone. Stocks, bonds, and many commodities were also riding high just a year ago. So, what we want to know is, is cryptocurrency underperforming or outperforming the market? Benchmarks It’s hard to[Read more…]

Aptos is the latest VC-backed Proof of Stake blockchain primed to replace Solana as the newest, slickest, highest-tech L1. Last night’s launch of its native token APT went as expected, dumping almost 50% from its listing price in a matter of hours. Pre-earned insider rewards and a (very) last-minute airdrop announcement contributed to the chaos. A spin-off from Meta’s seemingly stalled foray[Read more…]

The Zcash network has been under attack since mid-June with spam transactions filling up available blockspace and bloating the size of the chain. At less than a cent per transaction, the attacker is reportedly able to “[max] each 2mb block every 75 seconds.” Since the spam began, the chain has grown from approximately 30GB to over 100GB. The effects[Read more…]