Paradigm

In a unique perspective, a cryptocurrency analyst equated Bitcoin (CRYPTO: BTC) to gunpowder, arguing that sooner or later sovereign nations would be compelled to adopt the leading cryptocurrency. What Happened: Matt Huang, CEO of cryptocurrency-focused investment firm Paradigm, penned a blog post...

Rumors are circulating in Washington, D.C. Securities and Exchange Commission (SEC) Chairman Gary Gensler is a likely nominee for Treasury Secretary if Vice President Kamala Harris secures the U.S. presidency. This possibility raises a crucial question: What would Gensler's departure from the SEC...

Monad Labs has raised $225 million for the development of its Layer-1 blockchain in a funding round led by Paradigm. What Happened: The round included participation from Electric Capital and Greenoaks, as reported by Fortune Crypto. This marks the largest crypto fundraiser of 2024 thus far. The...

The recent rebound in cryptocurrency prices ignited a fresh wave of fundraising activity among venture capitalists, with Paradigm, a leading crypto-focused investment firm, reportedly in discussions to secure a new fund valued between $750 million and $850 million. What Happened: This ambitious...

A new poll reveals that former Donald Trump is currently the top choice for U.S. voters who own cryptocurrencies.  What Happened: Paradigm, an investment company focused on crypto, commissioned the survey which was conducted by Public Opinion Strategies and released on Thursday. The data shows...

Tornado Cash, a service that enables users to obfuscate cryptocurrency transactions, fell prey to a hostile takeover by hackers through a malicious governance proposal. What Happened: Security researcher Samczsun from Paradigm, a crypto investment firm, on Sunday revealed that the attacker...

Fractional NFT project Tessera and its sister project Escher will shut down over the coming weeks, after the Paradigm-backed company said its financial situation and economic model would make it hard to become profitable. "We spent a long time carefully analyzing possible market scenarios, our...

Venture capital firm Paradigm filed an amicus brief in support of Coinbase Global Inc.'s (NASDAQ: COIN) ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). The lawsuit aims to compel the SEC to respond to Coinbase's rulemaking petition, which seeks practical...

Blur, a fast-rising rival to NFT marketplace heavyweight OpenSea, is reportedly set to close a massive funding round at a billion-dollar valuation. Quoting two sources familiar with the negotiations, a report by The Block stated that the startup's valuation soared to unicorn status during...

Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiers and enthusiasts gathered to speak about the new world of finance and cryptocurrency that’s still developing. At the time, the markets were...

Coinbase Global Inc (NASDAQ: COIN) co-founder Fred Erhsam has been buying the dip in shares of the cryptocurrency exchange, as per a recent regulatory filing. What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission (SEC) shows Ehrsam...

Major U.S. cryptocurrency exchange FTX (CRYPTO: FTT) has closed its $400 million Series C funding round, reaching a valuation of $32 billion — about three times the current capitalization of major retail-focused online brokerage Robinhood Markets Inc. (NASDAQ: HOOD). What...

WTI crude oil prices dipped back below $40/bbl on Monday for the first time in several months on growing concerns about U.S. gasoline oversupply and fears that global producers are ramping up crude production too soon. According to Paradigm Capital analyst Ken Lin, oil stocks will likely continue...