Cryptocurrency Analysis and News Portal
Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The blowup of FTX has caused some to question crypto’s value. But the issues at FTX are precisely ones that decentralized finance [defi] can solve through increased transparency and security,” the firm’s co-founder emphasized. Paradigm on FTX
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The co-founder of asset management firm Paradigm says they feel “deep regret” for having invested in FTX amid recent revelations involving FTX, Alameda Research, and Sam Bankman-Fried. In a Twitter post on Nov. 15, Matt Huang, co-founder and managing partner of Paradigm said the firm is “shocked” by the revelations surrounding
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Ryan, who’d joined Gov. Mitt Romney’s ticket as the vice presidential candidate in 2012, will serve on the council with Steve Israel, a former Democratic congressman from New York who ran his party’s congressional campaign committee; Makan Delrahim, a former U.S. assistant attorney general for the U.S. Department of Justice’s
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While the crypto industry has not tried to defend against the actual allegations – that the DAO, with its predecessor company, bZeroX, offered unregistered products to U.S. customers – it has collectively expressed concern about how the CFTC has gone about trying to bring a case against the DAO. Specifically,
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Spun out of the private, ad-free search engine Neeva, nxyz aims to create fast, reliable and scalable blockchain indexing and data infrastructure, taking real-time data directly from the chains and their associated applications. The platform will provide developers with an application programming interface (API) suite to utilize that collected data. Source
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“Investing in DeFi is a labyrinthian hellscape that even the most devoted crypto evangelist can get lost in,” Exponential co-founders Driss Benamour, Mehdi Lebbar and Greg Jizmagian wrote in a post announcing the funding. “Finding legitimate projects, executing trades, moving funds across chains, tracking performance and filing taxes is more
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Blowfish, which is already available on the Solana, Ethereum and Polygon blockchains, plans to use the funding to expand to new systems and upgrade its fraud-detection engine. Web3 refers to a version of the internet that's based around decentralized platforms, blockchain technology and digital currencies. Original Source
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Paradigm acknowledged that sanctions can be an important tool to preserve national security, but said it believes base layer participants merely record and order data (which may include sanctioned addresses), but do not actively control sanctioned assets. Paradigm further suggested that stringent regulation would eventually push blockchain innovation offshore, making
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Fractional, a protocol that enables collective ownership and governance of non-fungible tokens (NFTs), is rebranding as Tessera, and it also revealed a $20 million funding round led by crypto-native investment giant Paradigm that closed earlier this summer. Original Source
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Paradigm has announced the launch of spreads trading in partnership with crypto exchange FTX.In a Friday blog post, Paradigm said under the FTX partnership users would be able to utilize “one-click” trading with “no leg risk” for the spread between spot, perpetuals and fixed maturity futures on Bitcoin (BTC), Ether
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