Paradigm raises US$1.2B AI fund
Paradigm has raised US$1.2 billion for its fourth investment fund, expanding the cryptocurrency venture capital firm's strategy to include artificial intelligence, robotics and other emerging technologies.
Paradigm has raised US$1.2 billion for its fourth investment fund, expanding the cryptocurrency venture capital firm's strategy to include artificial intelligence, robotics and other emerging technologies.
Trust Wallet has integrated Robinhood Chain into its mobile application and browser extension, allowing users to manage self-custodied assets on the Ethereum-compatible Layer-2 network.
Zapper, a decentralised finance analytics platform backed by investors including Mark Cuban, will shut down its website, mobile app and API services on Aug. 3 after seven years of operation.
Albert Park, Chief Economist at the Asian Development Bank, discusses the bank's latest APAC growth outlook. The forecast sees growth staying subdued despite a modest improvement, as disruptions from the Middle East conflict continue to weigh on supply chains and production costs. He speaks with Shery Ahn on "Bloomberg: The Asia Trade".
Takeshi Hakamada, Founder and CEO at Ispace, discusses the company's plans to to create a lunar payload service to be launched aboard a SpaceX Starship rocket. He speaks with Shery Ahn on Bloomberg: The Asia Trade.
A US federal court has allowed Tennessee's ban on cryptocurrency ATMs to remain in force after denying an emergency request by CoinFlip and Private IT Corporation to block the law.
Viva Republica, operator of Toss, has reportedly partnered with Optimism and Sunnyside Labs to conduct a three-month proof of concept for a Korean won-based stablecoin payment system aimed at financial institutions.
Tokenised stock transfers reached US$8.41 billion over the past month, up 105%, while the sector's distributed value rose 43% to US$2.16 billion as blockchain-based equity markets continued to expand.
Bitcoin (CRYPTO:BTC) and other cryptocurrencies could benefit if the US Federal Reserve introduces measures to support the US$75 trillion stock market during a severe downturn.
World, a prediction market platform launched on Solana (CRYPTO:SOL), announced it will migrate to Robinhood Chain less than two weeks after its debut.
Bitcoin (CRYPTO:BTC) miners are increasingly dividing between companies investing in AI data centres and those choosing to remain focused on cryptocurrency mining as lower mining revenues drive demand for alternative income sources.
Circle faces a key regulatory deadline on July 18 as US agencies are required to publish implementation rules under the GENIUS Act governing stablecoin issuance, reserves, licensing and supervision.