Paradigm, known for its early investments in projects like crypto exchange Uniswap and Ethereum scaling solution Optimism, has raised $850 million for an early-stage crypto venture fund. Founded in 2018 by Coinbase co-founder Fred Ehrsam and former Sequoia Capital partner Matt Huang, Paradigm is one of the largest venture capital investors in the cryptocurrency industry. This new fund marks Paradigm’s…
Month: June 2024
Curve founder repays 93% of $10M bad debt stemming from liquidation
The DeFi protocol’s native token plunged by 28% in a single day due to liquidations stemming from a hack attempt. Source: https://cointelegraph.com/news/curve-founder-repays-bad-debt-liquidation
Telegram Games ‘Tapswap’ and ‘Yescoin’ Launching Tokens on The Open Network
First it was Notcoin—which dropped the biggest gaming token so far in 2024—and then it was the white-hot Hamster Kombat, which is building on the Telegram clicker model with a token airdrop ahead. Now, a pair of rising Telegram games have revealed plans to bring their projects to The Open Network (TON) as well, with token launches ahead. Tapswap and…
Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform
Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands and their customers. Bond will offer different features, including digital collectives, authentication of luxury goods, and digital passports for products, all built on top of the Solana blockchain for low costs and scalability purposes. Solana […] Source: https://news.bitcoin.com/solana-labs-launches-bond-a-blockchain-digital-customer-engagement-platform/
President Biden announces picks for SEC, FDIC and Treasury leadership
CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC. Source: https://cointelegraph.com/news/us-president-nominees-sec-fdic-treasury
GameStop Servers Crash as Fans Flood Board Meeting for Signs of Roaring Kitty
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Video game retailer GameStop postponed its annual meeting until further notice after technical difficulties prevented shareholders from joining, due to overwhelming demand from fans and investors…
Bitcoin and Ethereum Are Cooling Off—But Gaming Token Prices Are Down Bad
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports As the price of leading cryptocurrency Bitcoin cools off, gaming tokens are among the worst-hit tokens over the last week, with one major game’s token dropping…
Okx Acknowledges Security Incident Involving Judicial Documents Forgery
Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement, Okx stressed that a third party had forged judicial documents and obtained user data, but that the users involved in this incident had […] Source: https://news.bitcoin.com/okx-acknowledges-security-incident-involving-judicial-documents-forgery/
Chinese court sentences gang for money laundering using digital yuan
The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled. Source: https://cointelegraph.com/news/china-digital-yuan-money-laundering-gang-sentenced
Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles
Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation. Source: https://cointelegraph.com/news/traders-bitcoin-price-needs-fresh-all-time-highs-to-end-pump-and-dump-cycles