Venture Capital Firm Holds 11% Of COMP: Is Compound Finance At Risk?

a16z, COMP, Compound Finance, Compound Finance price, COMPUSDT, DAO, DeFi, Governance

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 […]

FTX And Alameda Research Sell $13.35 Million Of Assets, What’s Their Strategy?

Alameda Research, Bitcoin, btc, BTCUSDT, COMP, COMPUSDT, FTX, SOL, solana, SOLUSDT

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 […]