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Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%

Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. This decline is partly attributed to the growing popularity of bitcoin exchange-traded funds, which offer an alternative way for investors to gain exposure to the crypto sector. U.S.-based companies dominate VC deals in the crypto space, followed by Singapore, […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Paradigm Secures $850 Million for Third Crypto Fund, Targets Early-Stage Projects

Paradigm Secures 0 Million for Third Crypto Fund, Targets Early-Stage ProjectsOn June 13, the leading San Francisco-based crypto-focused venture capital firm Paradigm revealed it has secured its third fund, totaling $850 million, aimed at early-stage crypto projects. Paradigm Announces $850 Million Fund Established in 2018 by Coinbase co-founder Fred Ehrsam and ex-Sequoia partner Matt Huang, Paradigm ranks among the leading crypto investment firms, overseeing billions […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round

Bank of America, Coinbase, FTX Invest in Paxos Series D Funding RoundPaxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April. These institutions were listed as “strategic investors,” but the amounts of their contributions were not disclosed. Paxos has now raised more than $540 million in […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement