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Alameda Research Receives $57M From Crypto Exchange OKX

Alameda Research-controlled wallets hold over $240 million worth of cryptocurrencies.

Updated May 9, 2023, 1:20 p.m. Published May 9, 2023, 11:27 a.m.
(Creative Commons)
(Creative Commons)

Crypto wallets tied to Alameda Research, the trading unit tied to bankrupt crypto exchange FTX, today received millions of dollars worth of tokens from crypto exchange OKX.

Data from the on-chain analytics tool Arkham Intelligence show Alameda received just over $57 million of tether , and $300,000 in mask (MASK) tokens from OKX earlier Tuesday.

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The receiving wallets are wholly controlled by the FTX Bankruptcy Estate, created in the wake of FTX and Alameda’s collapse last year to help creditors of the two companies.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

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  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
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  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Flow scraps blockchain 'rollback' plan after community backlash over decentralization

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The layer-1 network reversed course after ecosystem partners warned that rewriting chain history would undermine decentralization and create operational risks following a $3.9 million exploit.

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  • Flow decided against rolling back its blockchain after a $3.9 million exploit, opting instead for a recovery plan that preserves transaction history.
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