Paradigm Labs Shuts Down, Says It Was ‘Too Early’ for DeFi Boom
Paradigm said it found it difficult "carve a viable niche" the rapidly evolving DeFi space.
Newly launched DeFi lending project Yield Protocol is offering stable interest rates for investors.
Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.
Fireblocks plans to maintain its standing as “the biggest player in crypto-native markets” but also wants to go after institutional players.
Temasek, one of Singapore’s two state-owned investment vehicles, is among the latest firms to join the Libra Association, the consortium Facebook set up to create a global digital currency.
Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.