Paradigm – Page 2 – Ƀitsell X

Crypto Investment Firm Paradigm Challenges SEC’s Jurisdiction in Bittrex Lawsuit

July 13, 2023

Prominent crypto investment firm Paradigm has challenged the US Securities and Exchange Commission’s authority to regulate secondary markets for crypto assets. The company has filed an amicus brief in the SEC’s case against cryptocurrency exchange Bittrex, challenging the regulator’s attempt to expand its jurisdiction over crypto secondary markets, Paradigm’s special counsel Rodrigo Seira said in a recent statement…. Read More:…
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Today in Crypto: Crypto’s ‘Inherent Structural Flaws’ Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can be Turned into Colors, Dev Says He Reverse-Engineered Brazil CBDC Source Code, Algofi to Shut Down

July 11, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Crypto’s ‘Inherent Structural Flaws’ Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can be Turned into Colors, Dev Says He Reverse-Engineered Brazil CBDC Source Code, Algofi to…
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Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives

June 29, 2023

Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman Sachs, stating their actions propping up climate-destroying technologies are “unacceptable.” Change the Code…
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Paradigm Co-founder Matt Huang Deems AI ‘Too Interesting to Ignore’ but Remains Devoted to Crypto

June 28, 2023

Matt Huang, co-founder of crypto-focused investment firm Paradigm, says he is still devoted to crypto even though artificial intelligence (AI) in his opinion is “too interesting to ignore.” “We’ve never been more excited about crypto and we continue to invest across all stages,” Huang said Tuesday on Twitter, while adding “We’re also a group of…
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Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges

June 9, 2023

DEXes are not securities exchanges argues crypto venture firm Paradigm. Crypto venture capital firm Paradigm has slammed the U.S. Securities and Exchange Commission’s attempt to redefine the term “exchange” — which would if accepted, bring decentralized exchanges under its purview. On June 8, the firm sent a lengthy 14-page letter to the SEC Secretary, Vanessa…
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Paradigm and Blur Developers Announce Blend, a P2P NFT Lending Protocol – How Does it Work?

May 2, 2023

The NFT marketplace Blur on Monday launched a new NFT-focused lending platform that operates without expirations and with no external price oracles like other lending platforms rely on…. Read More: Paradigm and Blur Developers Announce Blend, a P2P NFT Lending Protocol – How Does it Work? Read more »Sign up for e-EUR – the progressive…
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SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm

April 21, 2023

The venture capital firm pointed out the fundamental differences between crypto assets and securities. Criticisms of the United States Securities and Exchange Commission are mounting as the agency remains unrelenting in its war on crypto. On April 21, Web3 venture capital firm Paradigm published a policy piece on the problems with SEC registration. It claimed…
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Today in Crypto: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops Hacker from Stealing ETH 2,900

March 17, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops Hacker from Stealing ETH 2,900 Read more »Sign up for e-EUR –…
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Silicon Valley Bank’s UK branch shut down by Bank of England

March 12, 2023

Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a “pivotal” role in supporting startups. The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence” in the United Kingdom (UK) and…
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Sequoia Capital, Paradigm among VCs facing ‘tricky’ FTX investor lawsuit

February 15, 2023

It’s a “tricky case,” as it is unknown what obligation these firms had to “completely separate investors,” suggests a crypto lawyer. Users of bankrupt crypto exchange FTX have reportedly taken aim at financiers who promoted the platform, suggesting their efforts added an “air of legitimacy” to the now-defunct exchange in a case labeled as “tricky”…
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