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The Blast Mainnet is scheduled to go live on February 24, 2024, enabling withdrawals and allowing users to redeem their Blast Points for actual rewards starting from May 24 next year. Recently launched Ethereum (ETH) Layer-2 blockchain Blast has earned itself some popularity in the last few days, although a significant
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Crypto venture capital firm Paradigm criticized Blast’s protocol marketing strategy, claiming the startup “crossed lines in both messaging and execution." The VC firm is a seed investor in Blast.The head of research at Paradigm, Dan Robinson, shared a statement on X (formerly Twitter) expressing disagreement about Blast’s decision to launch
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The L2 protocol anticipates its Mainnet to go live on February 24 next year, enabling withdrawals, with users able to redeem their Blast Points starting May 24. Blast, an Ethereum layer 2 protocol with yield-bearing assets, announced the completion of its $20 million funding round led by Paradigm, a research-driven technology
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"This change allows me to carve out some time to explore areas of science that are of personal passion for me," he wrote. "I’ll continue to work with our investing & research teams, work with portfolio companies, and fight for good crypto policy, while focusing less on the day to
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Sam Bankman-Fried was “very resistant” to having investors join the board of directors at FTX, claims Matthew Huang, the co-founder and managing partner of crypto investment firm Paradigm.The sudden collapse of FTX saw more than a few investors burned, with Paradigm joining a number of venture capital firms including Sequoia,
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Venture capital firm Paradigm has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard rulemaking procedures in its current legal action against the cryptocurrency exchange Binance.In a statement released on Friday, Sept. 29, Paradigm stated the SEC is attempting to use the allegations in its complaint
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“Drawing from the blueprint of traditional finance will be critical to unlocking the next phase of institutional crypto,” said Diogo Monica, co-founder and president of Anchorage Digital. “Anchorage Digital has proven that separating custody and exchange functions for institutions isn’t just possible, it’s essential.” Source
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The OTC wallet where the tokens from Paradigm landed has a history of receiving MKR and transferring to Coinbase, Arkham data shows. Following Paradigm's $20 million transfer in March, a16z also sent a total of $11.7 million in MKR to the account early July, which then unloaded the tokens to
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Paradigm, a separate entity from the venture capital firm of the same name, said Paradex is a hybrid derivatives exchange that combines the liquidity and performance of centralized finance CeFi with DeFi’s transparency, trustlessness and self-custody. Original Source
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Crypto investment firm Paradigm’s Special Counsel Rodrigo Seira has become the latest to slam the United States securities regulator, this time for “wrongfully” pursuing crypto exchange Bittrex in an attempt to police secondary crypto markets.In a July 11 Twitter thread, Seira added his thoughts after an amicus brief filing from
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