In a recent analysis of Compound Finance’s token distribution, Bubble Maps, a blockchain analytic platform on December 11, reveals that a16z, a crypto-focused venture capital firm, holds 11% of COMP’s total supply. Bubble Maps notes that a significant stake held by a16z in Compound Finance’s governance model raises concerns over the protocol’s decentralization. A16z’s influence on proposals […]
Addresses related to FTX, the bankrupt crypto exchange, and Alameda Research, the trading wing associated with the exchange, have cumulatively transferred $13.35 million of assets to Binance, a crypto exchange via Wintermute Trading, over the last 24 hours. Related Reading: Linqto’s Ray Fuentes Reveals The Factors That Could Drive A Ripple IPO In 2024 FTX […]