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Paradigm has been discussing its new crypto fund for the past few months as markets rebounded.

Paradigm raises $850M for third crypto fund

Venture capital firm Paradigm has closed a third fund to invest in crypto and blockchain-based projects at an early stage. According to an announcement on June 13, the VC firm has ...

3 months ago

A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC.

US judge approves Terraform’s $4.5B settlement with SEC

A United States district court judge has signed off on the $4.5 billion settlement between Terraform Labs, its co-founder Do Kwon and the Securities and Exchange Commission. ...

3 months ago

Solana Labs has launched Bond, a new platform that will let non-crypto brands leverage the power of blockchain tech to engage with customers.

Solana Labs debuts blockchain customer loyalty platform Bond

Solana Labs, the company behind layer-1 blockchain Solana, could soon be bringing many more non-crypto native brands and their customers into Web3 without many of them even knowing. As...

3 months ago

Greenpeace alleges that Wall Street titans such as BlackRock or Vanguard contribute to the environmental harm derived from Bitcoin mining.

Wall Street must be accountable for Bitcoin mining emissions — Greenpeace

Major financial institutions on Wall Street should be held responsible for bankrolling the emissions-heavy Bitcoin mining industry, according to a new report by Greenpeace USA. The lat...

3 months ago

TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s.

TON flips ETH in daily active addresses, but that’s not the full picture

The Open Network (TON) blockchain has recorded more daily active addresses than Ethereum nearly every day this month. One firm suggests it could be a quiet “flippening” fue...

3 months ago

KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.

May crypto investments hit $1B driven by Notcoin launch — KuCoin

KuCoin’s research arm published a report highlighting that the crypto space saw over $1 billion in investments in May, a slight decrease compared to the previous month. On ...

3 months ago

Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.

Ripple Labs closes Standard Custody acquisition deal

Ripple Labs closed its acquisition of Standard Custody, a digital asset custodian, on June 11. The deal, first announced earlier this year, is central to Ripple’s planned rollout of a Unit...

3 months ago

Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.

Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar

The United States dollar is exhibiting strong performance in 2024, as is the market for digital assets tied to the currency. Ethena’s synthetic dollar, USDe, has a market capitalization of...

3 months ago

The Lykke team acknowledged that they halted withdrawals after an attack drained $22 million in crypto from its wallets on June 4.

Lykke crypto exchange acknowledges hack after halting withdrawals

Lykke cryptocurrency exchange has halted withdrawals after suffering an exploit on June 4, according to a June 10 social media announcement. The exchange claimed that users’ funds “a...

3 months ago

At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators.

How Web3 is transforming global regulatory frameworks

The 2024 edition of the Proof of Talk conference filled the grand hallways of the Louvre Palace in Paris, France, with some of the biggest names and thought leaders in the Web3 space. ...

3 months ago