Author: Oluwapelumi Adejumo
United States Source: CryptoSlate
Aug 13, 2024 01:10
Harris needs crypto support to win undecided voters, survey shows
Vice President Kamala Harris may need to attract more support from the crypto community to strengthen the Democratic Party’s chances of winning the November elections, according to a recent survey by crypto investment firm Paradigm. The survey, which polled 804 registered Democrats, found that 13% are undecided about voting for Harris. Of these, 18% have […]
View DetailsAuthor: Cointelegraph by Derek Andersen
United States Source: Cointelegraph.com News
Jun 28, 2024 12:00
Paradigm calls on European markets regulator to show nuance regarding MEV
The venture capitalist firm said ESMAs approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas.
View DetailsAuthor: NewsBTC
United Kingdom Source: Crypto Breaking News
Jun 14, 2024 05:50
VC Firm Paradigm Secures $850 Million For Crypto Projects In Latest Fundraise
Venture capital firm Paradigm has reportedly raised $850 million for its third fund, supporting early-stage cryptocurrency initiatives led by Coinbase co-founder Fred Ehrsam and ex-Sequoia Capital partner Matt Huang. Increased Venture Capital Interest In The Industry Paradigms previous investments include prominent projects like decentralized exchange (DEX) Uniswap and Optimism, a scaling solution for the Ethereum [...]
View DetailsAuthor: Ronaldo Marquez
United Kingdom Source: NewsBTC
Apr 10, 2024 12:05
Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana
Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks. According to a recent Fortune Magazine report, Monad Labs, the company behind the blockchain project, aims to compete with established players such as Solana (SOL) and Ethereum and the Layer 1 blockchain protocol Sui (SUI). Monad’s Rebuilt Ethereum Blockchain Per the report, Monad’s initiative is to rebuild the Ethereum blockchain from the ground up, while retaining the ability to execute smart contracts. The project aims to achieve faster transaction speeds, handle higher volumes, and offer lower costs compared to existing networks. Notably, Monad ensures compatibility with Ethereum’s programming infrastructure, known as the Ethereum Virtual Machine (EVM). This compatibility allows developers to port applications built for Ethereum, ensuring a fluid transition to the new blockchain. Related Reading: Is Bitcoin Headed For A Crash? Analysts Cite Possible Downtrend Keone Hon, the founder of Monad, stated in an exclusive interview with Fortune that the company has dedicated approximately two years to developing its blockchain solution. Hon noted that Monad Labs stands out by fully supporting the EVM bytecode standard. Developers use this standard to create decentralized applications (dApps) on platforms such as Ethereum, Polygon, Avalanche, Binance Smart Chain, and Optimism. According to Avichal Garg, managing partner of Electric Capital, nearly 90% of developers working across various crypto ecosystems focus exclusively on EVM chains. This statistic, highlighted in a recent report by Electric Capital, demonstrates the significant appeal of EVM compatibility. Although Monad does not undergo a complete redesign of its programming language like some other blockchains, it still benefits from the widespread usage and familiarity of the EVM. Blockchain-Powered Exchanges? According to the report, Monad plans to launch its mainnet by the end of the year and expects to launch a testnet in the coming months. The company, which currently employs around 30 people, is also looking to launch a native token, although details of its launch alongside the mainnet have not been disclosed. While Keone Hon emphasized the pursuit of mainstream adoption, he pointed out that Monad’s initial use case is likely to be high-frequency trading activity, drawing on his own experience at Jump Trading, a data and research-driven trading firm. Hon emphasized the need for a highly performant blockchain to enable exchanges on the scale of Nasdaq or Chicago Mercantil Exchange (CME), which process millions to billions of transactions daily. Related Reading: Bitcoin To $150,000 Is Programmed With Halving Approaching: Analyst Lastly, Hon also highlighted the potential for a blockchain with high transaction capacity and low fees to enable various applications, such as gaming. He cited examples where blockchain-based games, such as RuneScape, require frequent updates of player statistics, necessitating low-cost and fast transactions on the blockchain. At the time of writing, ETH was trading at $3,497, down nearly 5% in the past 24 hours. Featured image from Shutterstock, chart from TradingView.com
View DetailsAuthor: Vince Dioquino
United States Source: Crypto Briefing
Apr 05, 2024 03:50
Paradigm prepares to raise up to $850M, largest crypto fund since 2022
Crypto VC firm Paradigm aims to raise up to $850 million for a new crypto fund, seizing on renewed investor appetite.
View DetailsAuthor: Crypto Breaking News
United Kingdom Source: Crypto Breaking News
Apr 01, 2025 05:50
Escalating Sophistication of North Korean Crypto Attacks and Actors: Paradigm
In recent years, there has been a noticeable uptick in the level of sophistication seen in North Korean cyberattacks targeting cryptocurrency. These malicious actors have been evolving their tactics, posing a significant threat to the digital asset ecosystem. The paradigm shift in North Korean cyber operations has caught the attention of security experts worldwide. By [...]
View DetailsAuthor: Crypto Breaking News
United Kingdom Source: Crypto Breaking News
Jun 30, 2023 05:50
Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman Sachs, stating their actions propping up climate-destroying technologies are “unacceptable.” Change the Code [...]
View DetailsAuthor: Dimitar Dzhondzhorov
Bulgaria Source: CryptoPotato
Jun 29, 2023 01:00
VC Firm Paradigm Remains Interested in Crypto and AI
"We’ve never been more excited about crypto and we continue to invest," Huang said.
View DetailsAuthor: Arturas Skur
United States Source: DailyCoin.com
Jun 28, 2023 07:50
Has Paradigm Replaced Crypto with AI? Co-Founder Explains VC Firm’s View
Matt Huang offered insights on how Paradigm views the current state of crypto.
Continue reading at DailyCoin.
View DetailsAuthor: Arturas Skur
United States Source: DailyCoin.com
Jun 22, 2023 03:10
Here’s Why Paradigm’s New Ethereum Node Is Special
Reth is a faster competitor to Geth, Nethermind, and other clients.
Continue reading at DailyCoin.
View DetailsAuthor: Cointelegraph By Martin Young
United States Source: Cointelegraph.com News
Apr 21, 2023 08:20
SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm
The venture capital firm pointed out the fundamental differences between crypto assets and securities.
View DetailsAuthor: Crypto Breaking News
United Kingdom Source: Crypto Breaking News
Mar 12, 2023 05:50
Silicon Valley Bank’s UK branch shut down by Bank of England
The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence” and no “critical functions” supporting the financial system in the United Kingdom (UK). BoE issued a statement on Mar. 10, declaring that SVB UK will “stop making payments or accepting deposits,” [...]
View DetailsAuthor: David Marsanic
United States Source: DailyCoin.com
Feb 15, 2023 07:50
FTX Lawsuits Pile Up: Silvergate Bank, Sequoia Capital, Paradigm, Face Litigation
Major institutions face class action lawsuits over their roles in enabling and promoting FTX.
Continue reading at DailyCoin.
View DetailsAuthor: Cointelegraph By Ciaran Lyons
United States Source: Cointelegraph.com News
Feb 15, 2023 08:20
Sequoia Capital, Paradigm among VCs facing "tricky" FTX investor lawsuit
It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer.
View DetailsAuthor: Cointelegraph By Luke Huigsloot
United States Source: Cointelegraph.com News
Feb 09, 2023 08:20
Getting rid of crypto staking would be a 'terrible path' for the US — Coinbase CEO
Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder.
View DetailsAuthor: Tom Carreras
United States Source: Crypto Briefing
Jan 19, 2023 06:00
Flashbots Seeks to Raise $50M at $1B Valuation: Report
Lead MEV organization Flashbots is conducting a reverse-pitching process to raise between $30 million and $50 million. The company has recently come under fire for its role in censoring Ethereum...
View DetailsAuthor: Rue Abernai
United States Source: DailyCoin.com
Nov 17, 2022 03:10
Paradigm Co-Founder “Deeply Regrets” Investing in FTX, Writes Down Investment to $0
Matt Huang said that crypto venture capital giant had no other exposure to FTX except its reported $278 million investment.
Continue reading Paradigm Co-Founder “Deeply Regrets” Investing in FTX, Writes Down Investment to $0 at DailyCoin.com.
View DetailsAuthor: Tom Carreras
United States Source: Crypto Briefing
Nov 01, 2022 01:20
Art Gobbler NFTs Top $20,000 Within Minutes of Free Mint
Art Gobblers went live as a free mint earlier today. Theyre currently trading for around $20,000 and have already amassed over $10 million in trading volume. Art Gobblers Is Live...
View DetailsAuthor: Tom Carreras
United States Source: Crypto Briefing
Oct 12, 2022 01:20
Understanding Art Gobblers: The Mechanics of Justin Roiland’s New NFT Collection Unpacked
Art Gobblers is expected to launch in twenty days. While the new Factory NFT collection markets itself as a self-sustaining art ecosystem, its tokenomics appear to reward early adopters disproportionately....
View DetailsHong Kong Source: Blockchain News
Aug 18, 2022 10:35
Fractional Rebrands to Tessera after Raising $20m from Paradigm
Fractional, an NFT-based platform, has rebranded its name to Tessera and has also raised $20 million as it is pursuing avenues to re-affirm its foothold in the digital collectable world. (Read More)