Derivatives’ role in bitcoin’s rally is “muted” this time, said one trader.
Quick Take
- Paradigm is a crypto-focused fund founded in 2018 by Fred Ehrsam and Matt Huang
- As Paradigm’s public portfolio shows, their areas of focus include DeFi protocols, infrastructure providers, firms that offer financial services to institutional clients, and research and development groups
- In total, Paradigm has publicly deployed capital to at least 21 startups and protocols across five verticals
The demand mimics a play tax enforcers at the IRS deployed against Coinbase.
Cash App generated over $1 billion in bitcoin revenues in Q3. Though, Google search data shows little “FOMO” amid the current market bull run.
Blockchain lending startup Figure Technologies is seeking a national bank charter from U.S. regulators, according to a Bloomberg report.
The post Blockchain lending startup Figure seeks national bank charter: report appeared first on The Block.
The latest column from CoinDesk’s chief content officer features big ideas for rethinking government in the internet age.
The Vancouver firm is targeting 1,000 PH/s in the next 12 months.
A new civil antitrust lawsuit has been filed against Visa and Plaid by the U.S. government. The government is trying to stop a planned billion-dollar acquisition of Plaid by Visa.
The post DOJ files suit to stop Visa’s $5.3 billion acquisition of fintech firm Plaid appeared first on The Block.
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies.
Pioneers in staking face a tough choice between securing Ethereum 2.0 and the opportunity costs of freezing their assets.