Paradigm


Finance

Crypto Venture Capital Firm Paradigm Looking to Raise Up to $850M for New Fund: Bloomberg

The VC is looking to raise between $750-$850 million, Bloomberg reported citing people familiar.

Paradigm co-founder Fred Ehrsam (Brady Dale/CoinDesk)

Policy

Coinbase's Allies Join Crypto Firm's Case Against SEC

Paradigm, the Crypto Council for Innovation and others weighed in to support Coinbase's effort to push the U.S. securities regulator for crypto rules.

Coinbase CEO Brian Amstrong and SEC Chair Gary Gensler

Policy

Trump is Clear Favorite Among Crypto-Owning Voters in U.S. Presidential Race: Poll

A poll commissioned by crypto investment firm Paradigm concluded that a large share of U.S. voters hold crypto and aren't happy with the current financial system.

Republican presidential candidate Donald Trump is the clear favorite among voters who own crypto, according to a new poll. (Chip Somodevilla/Getty Images)

Tech

Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto

The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain.

Axiom co-founders Jonathan Wang and Yi Sun (Axiom)

Tech

Blast's One-Week, $600M Haul Shows Promise of Yield, Pitfalls of Hype

The idea of a yield-paying layer-2 blockchain atop Ethereum has clearly demonstrated market allure. But even the project's biggest investor has taken issue with the execution and marketing surrounding the initial rollout.

Blast founder Tieshun "Pacman" Roquerre is suddenly fending off the critics. (Creative Commons, modified by CoinDesk)

Tech

Blockchain Staking Firms Update Best Practices Amid 'Increased Scrutiny'

The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon.

(Pixabay, modified by CoinDesk)

Finance

Co-Founder of Paradigm, a Top Crypto Investor, Steps Down as Managing Partner to Focus on Science

Fred Ehrsam, who will be a general partner instead, said he wants to devote more time to “explore areas of science" that he's passionate about.

Paradigm co-founder Fred Ehrsam (Brady Dale/CoinDesk)

Policy

U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit

The Crypto Council for Innovation, Blockchain Association, Chamber of Digital Commerce and DeFi Education Fund all filed amicus briefs late Friday.

Cynthia Lummis, U.S. Senator, WY, U.S. Senate (Shutterstock/CoinDesk)

Markets

Paradigm Moves $3.5M in MakerDAO's MKR Tokens Following Peer a16z's Maneuver

Fellow venture capital firm a16z over the past week transferred $7 million of its MKR holdings to crypto exchange Coinbase.

Paradigm's MKR transfers (Arkham Intelligence)

Finance

Crypto Firm Flashbots Raises $60M in Paradigm-Led Round

The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).

(Pixabay)

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