Paradigm


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)

Finance

Crypto Liquidity Network Paradigm Leans Into DeFi With StarkWare

The Paradex decentralized perpetuals platform is backed by StarkWare's new appchain technology.

StarkWare co-founders President Eli Ben-Sasson and CEO Uri Kolodny (StarkWare)

Web3

Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down

Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."

(Rachel Sun/CoinDesk)

Policy

Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully

As the exchange tries to force an answer from the Securities and Exchange Commission on digital assets regulation, crypto groups and the Chamber of Commerce leap in.

SEC Chair Gary Gensler (CoinDesk screen grab from video)

Finance

Paradigm Leads $7M Round for Optimism-Based Startup Conduit

The newly announced startup will help developers launch Optimism-based applications.

Conduit founder Andrew Huang raises $7 million in Paradigm-led round (Conduit)

Finance

Web3 Investor Paradigm’s VP of Engineering Tal Broda Exits

The executive, who joined Paradigm a year ago from Citadel Securities, said he will pursue opportunities closer to his prior experience.

Paradigm co-founder Fred Ehrsam speaks at Token Summit II. (Credit: Brady Dale for CoinDesk)