#Alameda Research

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Defying Crypto Winter: Transaction Volume Strong in Crypto Casinos

The cryptocurrency market has faced its fair share of challenges in recent years, with the prolonged "crypto winter" of 2022 resulting in the collapse of several major players, such as LUNA, Celsius, and FTX. Despite these struggles, certain sectors within the crypto industry have managed to thrive, including online crypto casinos. One such casino,…
Crypto
Defying Crypto Winter: Transaction Volume Strong in Crypto Casinos
The Washington Post

FTX Is Where Gambling and Wall Street Collided

One of the sidelights to the the sudden collapse of Sam Bankman-Fried's $32 billion crypto empire is the gambling-related tweets by Sam Trabucco, the former co-head of Alameda Research, the trading arm of FTX. Trabucco claimed to have learned his craft trading cryptocurrencies at the blackjack and poker tables. This revelation has been treated as a…
Poker
Wild Casino
PYMNTS

Alameda Co-CEO Compared Crypto Trading With Gambling

The former Co-CEO of Alameda Research reportedly enjoyed poker and blackjack and applied what he learned to the firm's cryptocurrency trading. Sam Trabucco - who hasn't been publicly accused of any wrongdoing - posted a thread on Twitter about aggressive gambling strategies and how he applied them to trading, Bloomberg reported Tuesday (Nov.…
Industry
Alameda Co-CEO Compared Crypto Trading With Gambling
Cryptoslate

Parallel Finance wins Polkadot’s fourth parachain slot auction with $300 million raised

Parallel Finance announced winning Polkadot's fourth parachain slot, with contributions totaling 10,75 million DOT-equating to roughly $300 million. In order to win the auction, contributors and investors vote by staking Polkadot's native cryptocurrency, and with more than 30000 supporters, the DeFi lending protocol secured its place in the…
Crypto
Parallel Finance wins Polkadot’s fourth parachain slot auction with $300 million raised
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