Cryptocurrency Analysis and News Portal
Crypto venture capital firm Paradigm has slammed the U.S. Securities and Exchange Commission’s attempt to redefine the term “exchange” — which would if accepted, bring decentralized exchanges under its purview. On June 8, the firm sent a lengthy 14-page letter to the SEC Secretary, Vanessa Countryman, regarding the regulator’s proposed redefinition
Read More
Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the United States Securities and Exchange Commission (SEC).In March, Coinbase received a Wells notice from the SEC, potentially leading to the financial regulator taking enforcement action
Read More
Criticisms of the United States Securities and Exchange Commission (SEC) are mounting as the agency remains unrelenting in its war on crypto.On April 21, Web3 venture capital firm Paradigm published a policy piece on the problems with SEC registration.It claimed that SEC chair Gary Gensler’s “attempt to brute force crypto
Read More
Bybit, a crypto exchange, has launched spreads trading on USDT-margined instruments in collaboration with Paradigm, a crypto derivatives trading platform. This partnership will allow traders to spread order books on over 30 cryptocurrencies. Bybit and Paradigm’s partnership Paradigm is an institutional liquidity network for crypto derivatives traders in centralized and decentralized financing.
Read More
Paradigm is one of the titans of the crypto venture capital industry, raising a then-record $2.5 billion for a new fund during the tail end of the bear market in Nov. 2021, which has since been topped by Andreessen Horowitz. Conduit has close ties to Paradigm – Andrew Huang is
Read More
Web 3.0, colloquially referred to as the “Semantic Web,” signifies a transformative evolution in the way we interact with and leverage the internet. The emergence of Web 3.0 comes with the promise of enhanced interconnectivity, user empowerment, and distributed architecture, making it a compelling development for experts in various fields,
Read More
Earlier Thursday, the on-chain voting period for ArenaDAO opened. Since then, a total of 9 addresses voted, providing unanimous support in favor of authorizing the DAO to sell its tokens to Paradigm. Data from blockchain analytics firm Nansen shows 142 unique addresses holding ARENA, a 10% increase since Monday. Source
Read More
Three crypto venture capital firms, Paradigm, Pantera Capital, and Andreessen Horowitz (a16z), may have over $5b tied up in Silicon Valley Bank (SVB). Crypto venture funds used Silicon Valley Bank Funds were reportedly held in custody by SVB, which was shut down and the Federal Deposit Insurance Corporation (FDIC) assigned as a receiver by
Read More
Users of bankrupt crypto exchange FTX have reportedly taken aim at financiers who promoted the platform suggesting their efforts added an “air of legitimacy” to the now-defunct exchange, a case labeled as "tricky" by a crypto lawyer.A Feb. 15 Bloomberg report revealed a class-action suit filed Feb. 14 by FTX
Read More
The crypto market, like traditional finance, comprises the "buy-side" and the "sell-side." The buy-side invests in assets and includes pension funds, mutual funds, institutional investors, hedge funds and retail investors. The sell-side, which includes commercial banks, investment banks, market makers, stockbrokers and other entities, is concerned with creating, promoting and
Read More