Paradigm

Axiom co-founders Jonathan Wang and Yi Sun (Axiom)
Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto
The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perfo...
Axiom co-founders Jonathan Wang and Yi Sun (Axiom)

Blast founder Tieshun "Pacman" Roquerre is suddenly fending off the critics. (Creative Commons, modified by CoinDesk)
Blast's One-Week, $600M Haul Shows Promise of Yield, Pitfalls of Hype
The idea of a yield-paying layer-2 blockchain atop Ethereum has clearly demonstrated market allure. But even the project's biggest investor has taken issue with the execution...
Blast founder Tieshun "Pacman" Roquerre is suddenly fending off the critics. (Creative Commons, modified by CoinDesk)

Proof of Stake Alliance has released their updated staking principles.
Blockchain Staking Firms Update Best Practices Amid 'Increased Scrutiny'
The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool,...
Proof of Stake Alliance has released their updated staking principles.

Paradigm co-founder Fred Ehrsam (Brady Dale/CoinDesk)
Co-Founder of Paradigm, a Top Crypto Investor, Steps Down as Managing Partner to Focus on Science
Fred Ehrsam, who will be a general partner instead, said he wants to devote more time to “explore areas of science" that he's passionate about.
Paradigm co-founder Fred Ehrsam (Brady Dale/CoinDesk)

C23-Lawmaker-Town-Hall-13.jpg
U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit
The Crypto Council for Innovation, Blockchain Association, Chamber of Digital Commerce and DeFi Education Fund all filed amicus briefs late Friday.
C23-Lawmaker-Town-Hall-13.jpg

Paradigm's MKR transfers (Arkham Intelligence)
Paradigm Moves $3.5M in MakerDAO's MKR Tokens Following Peer a16z's Maneuver
Fellow venture capital firm a16z over the past week transferred $7 million of its MKR holdings to crypto exchange Coinbase.
Paradigm's MKR transfers (Arkham Intelligence)

Flashbots raises $60 million in new funding round (Pixabay)
Crypto Firm Flashbots Raises $60M in Paradigm-Led Round
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).
Flashbots raises $60 million in new funding round (Pixabay)

StarkWare co-founders President Eli Ben-Sasson and CEO Uri Kolodny (StarkWare)
Crypto Liquidity Network Paradigm Leans Into DeFi With StarkWare
The Paradex decentralized perpetuals platform is backed by StarkWare's new appchain technology.
StarkWare co-founders President Eli Ben-Sasson and CEO Uri Kolodny (StarkWare)

(Rachel Sun/CoinDesk)
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."
(Rachel Sun/CoinDesk)

U.S. Securities and Exchange Commission Chair Gary Gensler (CoinDesk screen grab from video)
Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully
As the exchange tries to force an answer from the Securities and Exchange Commission on digital assets regulation, crypto groups and the Chamber of Commerce leap in.
U.S. Securities and Exchange Commission Chair Gary Gensler (CoinDesk screen grab from video)