Paradigm

The conventional trading ecosystem has long been plagued by fundamental problems: most traders lose money trying to predict markets, trading creates adversarial relationships between investors, and high fees and counterparty risks are rampant. However, a revolution in the trading industry is on the horizon. Imagine a scenario where you don't need to foresee market moves to benefit. This is precisely what Untrading provides. Untrading Technologies Pte Ltd, a Singapore-based fintech firm, is driving this change with its decentralized asset management…

Venture capital firm Paradigm has reportedly raised $850 million for its third fund, supporting early-stage cryptocurrency initiatives led by Coinbase co-founder Fred Ehrsam and ex-Sequoia Capital partner Matt Huang.  Increased Venture Capital Interest In The Industry Paradigm’s previous investments include prominent projects like decentralized exchange (DEX) Uniswap and Optimism, a scaling solution for the Ethereum blockchain.  According to Bloomberg, with the capital raised in the latest funding round, Paradigm aims to contribute to early-stage crypto work and plans to prioritize…

The post Lido Co-Founders and Paradigm Secretly Support New EigenLayer Rival Amid DeFi Tensions appeared first on Coinpedia Fintech News Lido co-founders and the venture firm Paradigm are secretly funding Symbiotic, a new competitor to EigenLayer in the burgeoning “restaking” arena. Symbiotic, supported by Konstantin Lomashuk of Lido, Vasiliy Shapovalov, and Paradigm, currently aims to leverage Lido’s staked ether (stETH) for restaking. Additionally, studies reveal Symbiotic’s strategy to create a permissionless protocol for decentralized networks. This move sets the stage…

As the Bitcoin (BTC) Halving event concluded for the fourth time, the cryptocurrency market witnessed notable changes in key metrics.  These developments have led Charles Edwards, a market expert and founder of Capriole Invest, to issue bold predictions that hint at a paradigm shift in the BTC market.  Bitcoin Trading At ‘Deep Discount’ One of the key metrics highlighted by Edwards is the staggering electrical cost associated with mining a single Bitcoin. Edwards reveals that this cost has now reached…

Phala Network shifts to an AI-agent contract, combining AI with blockchain for decentralized AI agents. The upgrade empowers developers to create, own, and monetize AI agents within Web3. Phala Network has introduced AI-Agent Contract, a blockchain ecosystem development, in partnership with Polkadot. This important development marks a strategic turn toward incorporating artificial intelligence (AI) capabilities into the Web3 environment.  Say hello to the AI-Agent Contract by @PhalaNetwork! From Phat to AI-Agent Contracts for Smart Agents, Phala is paving the way…

Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks. According to a recent Fortune Magazine report, Monad Labs, the company behind the blockchain project, aims to compete with established players such as Solana (SOL) and Ethereum and the Layer 1 blockchain protocol Sui (SUI).  Monad’s Rebuilt Ethereum Blockchain  Per the…

The firm, co-founded by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, is looking to tap into institutional interest in the space following a bear market lull in VC investing. It would be one of the largest new crypto VC funds raised since the market downturn last year, according to an April 3 Bloomberg report citing anonymous sources. The peak for crypto VC fundraising came in May 2022, when venture firm Andreessen Horowitz (a16z) raised a $4.5 billion…

Leading crypto venture firm Paradigm aims to raise $850M for investments amidst a market resurgence, reflecting growing optimism and increased fundraising activity in the crypto industry. Paradigm's Ambitious Fundraising Plans According to sources familiar with the matter, cryptocurrency venture firm Paradigm is in discussions with investors to secure between $750 million and $850 million for a new investment vehicle. If successful, this endeavor would mark one of the largest funds raised since the crypto market downturn in May 2022. A…

On the 10th of March 2020, Liam Kovatch, the CEO of Paradigm Labs, announced the closure of the company. Paradigm Labs is a decentralized finance (DeFi) project. The company noted that the closure is because of lack of significant product-market fit and limited resources. Paradigm Labs however expressed their gratitude to their community for their support in two years of their operation. What’s Next after Paradigm Labs Closure? The DeFi  project's announcement stated that the closure will affect the broader ox…