Archive: alameda research
New Pick: A Resilient Ethereum Competitor With a Stunningly Fast Network
By Vin Narayanan on January 30, 2023
I’ve been tracking this month’s crypto recommendation for almost two years. I watched its roller-coaster ride to a more than $12 billion market capitalization and its sharp decline to a $2 billion market cap today. And I kept wondering when it would be the right time to invest. I typically don’t focus on timing. My basic philosophy is that a good project is a good project. And as long as you’re invested in good projects, it…
New Pick: An Answer to Crypto’s Centralized Exchange Problem
By Vin Narayanan on December 16, 2022
Between FTX’s collapse and Binance’s current problems — which I wrote about for Early Investing this week — it’s clear that large centralized exchanges have become pain points in the crypto ecosystem. There are good reasons to…
Crypto Monitor: BlockFi Goes Under, Blames FTX
By Early Investing on December 9, 2022
The ripple effects of the FTX collapse still aren’t over. Crypto lender BlockFi filed for bankruptcy on November 28. BlockFi had been relying on a $400 million line of credit from crypto exchange FTX — and we all know what happened to FTX. …
FTX and the Crypto Regulations Still to Come
By Vin Narayanan on November 21, 2022
It’s been a crazy couple of weeks in the crypto market as it tries to sort through the fallout of crypto exchange FTX filing for bankruptcy. For a more detailed account of how it happened, please read this update I wrote…
Stargate Finance Still Has a Shot at Success
By Vin Narayanan on November 18, 2022
I like to have the TV on while I write. The background noise helps my mind focus. And because I have YouTube TV, I can record almost anything I want and watch/listen to it later. Earlier this week, I put Meet the Press…
Crypto Markets Spiral on FTX’s Bankruptcy News
By Vin Narayanan on November 16, 2022
Someday, there will be a Netflix documentary about Sam Bankman-Fried. SBF — as he’s known in crypto circles — was worth more than $14 billion about 10 days ago. Today, the founder and former CEO of popular crypto exchange FTX is bankrupt. SBF’s stunning fall from grace is…
There Is No Crypto “Contagion”
By Vin Narayanan on July 8, 2022
Crypto Market Musings Crypto’s recent correlation with the stock market is finally paying dividends. The stock market is rallying — and so is crypto. As of this writing, bitcoin is up almost 11% over the last five days and is trading…