News Heat Trend
Related news
Neynar Announces Search for New Owner for Farcaster; Protocol Revenue Plummets 99% Just Seven Months After Acquisition
According to The Defiant, Rish Mukherji, co-founder of Neynar, the current operator of decentralized social protocol Farcaster, announced on August 17 that the company has initiated a process to seek a new team to take over Farcaster, token launchpad Clanker, and its own developer platform, and Neynar staff will be laid off accordingly. This marks the second change of ownership for Farcaster within 2026. In January of this year, the original founding team Merkle Manufactory transferred the protocol contracts, codebase, Farcaster App, and Clanker entirely to Neynar, and original founders Dan Romero and Varun Srinivasan subsequently joined Tempo, a payment public chain incubated by Stripe and Paradigm. The sharp deterioration of Farcaster's economic data is the core reason for this sale. According to DefiLlama data, protocol fees fell from $35.43 million in Q1 2026 to $4.67 million in Q2, recorded only $376,700 in the third quarter as of August 17, and revenue in the past 30 days shrank further to $120,000. Meanwhile, CLANKER token buybacks supported by protocol revenue have completely stopped, with CLANKER currently trading at 12
August
Clanker
Defiant
DefiLlama
Farcaster
Meanwhile
Micron Launches $250 Million Paradigm Fund to Bet on AI Infrastructure
Odaily News: Memory chip giant Micron Technology has announced the launch of the Micron Ventures Paradigm Fund, valued at $250 million, aimed at investing in startups driving the next generation of artificial intelligence.This is the largest third fund since Micron Ventures was established, bringing its total capital commitments to $550 million. The fund will cover the full AI technology stack, including AI model architecture, compute infrastructure, enterprise applications, and physical AI.Micron stated that as AI evolves from generative models to systems with reasoning, action capabilities, and the ability to interact with the real world, demand for high-performance computing, memory, and storage technologies is shifting. The Paradigm Fund aims to build deeper partnerships with companies driving these technological changes and position itself ahead of future AI infrastructure needs. The fund focuses on four key areas:1. Model Architecture: Driving innovation in AI model architecture and data infrastructure, influencing future compute, memory, and storage requirements;2. Compute Infrastructure: Including in-memory computing, next-generation networking technologies, and data center efficiency optimization;3. Enterprise Applications: Leveraging AI to transform complex industries, including semiconductor design and manufacturing;4. Physical AI: Encompassing robotics and new device form factors, extending AI capabilities into the real world.Micron Ventures previously launched Fund I in 2019 and Fund II in 2022, and the new fund will further strengthen the company's investment footprint in the AI ecosystem. Micron believes the AI era is still in its early stages, and future technological advancements will reshape how industries operate, with memory and storage poised to become critical infrastructure supporting the next generation of AI development. (Investingnews)
Memory
Paradigm
Paradigm
OpenAI Research Engineer Justin Wang joins Paradigm as Research Partner
OpenAI Research Engineer Justin Wang announced that he has joined Paradigm as a Research Partner. He stated that he will continue to conduct research in frontier areas going forward and will collaborate with other team members under the leadership of Matt Huang and Alana Palmedo.
Paradigm
Paradigm
Bybit Options Market Share Jumps to Second Globally in 1H 2026, ETH Options Surpass Deribit for First Time, Retail Breakout Strategy Validated by Market
Blockchain media ChainCatcher recently released the report "Options Market Enters New Paradigm: 2026 H1 Landscape Evolution and Key Features," systematically reviewing the global crypto options market in the first half of 2026 based on data from platforms such as CoinGlass, with Bybit's options business listed as a core case for focused analysis.
based
Breakout
Breakout
Bybit
CoinGlass
Deribit
Paradigm unstakes $171 million in HYPE, possibly transferring to institutional custody
this morning, two addresses suspected to be associated with Paradigm unstaked 2.92 million HYPE (approximately $171 million).Former Ethereum core developer and angel investor Eric Conner commented on this, saying: "Everyone assumes this is a sell-off, but it's more likely that this is for ETF seeding. Custodians require tokens to be liquid, and staked HYPE cannot be used. Back in April, they also unstaked $88 million worth of tokens, and on the same day, Grayscale updated its S-1 filing and switched its custodian to Anchorage."
Anchorage
Ethereum
Grayscale
Hypercent
Hyperliquid
Paradigm
MoonPay Acquires Glide, a Crypto Infrastructure Company Founded by Former Robinhood Wallet Engineers
: Fintech platform MoonPay has acquired crypto infrastructure startup Glide and will integrate its deposit and routing technology. Financial terms of the transaction were not disclosed. Glide was founded in 2023 by Tushar Soni and Qinyu Tong, both of whom were part of the Robinhood Wallet team. Glide supports over 100 tokens across 30 blockchain networks, helping applications receive deposits from various tokens, wallets, exchanges, and payment sources. Upon completion of the acquisition, Glide's technology will be integrated into MoonPay Deposits, a product already used by applications such as Wallet in Telegram, Moonshot, and Paysafe. MoonPay stated that this transaction is part of its efforts to expand its digital asset infrastructure capabilities. This is the sixth acquisition announced by MoonPay in 2026, following previous acquisitions of Sodot, Decent, DFlow, Entendre, and Dawn Labs. Its investors include Thrive Capital, Paradigm, Valhalla Ventures, Tiger Global Management, and Coatue.
Company
Dawn
Decent
Decent
DFlow
MoonPay
Paradigm Appoints Katie Biber as COO, Concurrently Serving as CLO
Paradigm co-founder Matt Huang (@matthuang) announced in a post that Katie Biber (@katiebiber) has officially assumed the role of Chief Operating Officer (COO) at Paradigm, while continuing to serve concurrently as Chief Legal Officer (CLO). Matt Huang stated that Katie has profound expertise in legal and policy matters at the forefront of technology and is also an outstanding operations manager, and he is honored to have her manage Paradigm together with Alana Palmedo. Katie Biber has been with Paradigm for over 4 years.
Callisto Network
Cloudland
Paradigm
Paradigm
Yei Finance
Crypto venture capital firm Paradigm completes $1.2 billion new fund raise, targeting AI and robotics sectors
According to Bloomberg, cryptocurrency-focused venture capital firm Paradigm announced on July 8, 2026, the completion of a $1.2 billion new fund raise, which is the firm's third venture capital fund to date. This fundraising marks Paradigm's formal expansion of its investment landscape beyond the cryptocurrency sector, with new investments in the artificial intelligence and robotics technology sectors.
Paradigm
Paradigm
Crypto venture capital firm Paradigm raises $1.2 billion fund, betting on the intersection of AI and crypto
Paradigm, a venture capital firm focused on the crypto space, has raised approximately $1.2 billion, planning to increase its investment layout in projects related to Artificial Intelligence (AI).According to sources familiar with the matter, this fundraising will primarily focus on AI infrastructure, AI Agents, and the convergence of AI and blockchain technology. Paradigm aims to capture the next wave of technological innovation through this new fund and expand its investment footprint in emerging technology sectors.Founded in 2018 by Matt Huang and Fred Ehrsam, Paradigm is one of the leading venture capital firms in the crypto industry, having invested in numerous blockchain projects including Coinbase and Uniswap.This fundraising indicates that after adjusting to the previous market cycle, crypto capital is refocusing on the intersection of AI and blockchain. With the rapid development of areas such as AI agents, decentralized computing, and on-chain data infrastructure, an increasing number of crypto investment firms are viewing AI as a significant growth opportunity for the next phase. (Bloomberg)
Coinbase
Paradigm
Paradigm
Uniswap
Tokenized sovereign debt platform M1X completes $5.5 million seed funding round, led by Paradigm
tokenized sovereign debt startup M1X Global has completed a $5.5 million seed funding round, led by Paradigm, with participation from Breed VC and others.It is understood that M1X Global previously collaborated with the Republic of the Marshall Islands to assist in the issuance of the on-chain sovereign debt instrument USDM1. This product is a dollar-denominated tokenized sovereign debt instrument, 1:1 backed by U.S. Treasury bonds, and natively issued on a public blockchain by a sovereign nation. USDM1 was initially issued on Stellar and is now also available on Canton and Solana.Jordan Goldman, President and COO of M1X, stated that sovereign debt is one of the largest asset classes globally, but prior to USDM1, it did not exist in a native on-chain form. The company aims to establish USDM1 as on-chain sovereign collateral and expand its use within regulated financial markets.The initial application scenario for USDM1 is domestic government aid distribution. Citizens of the Marshall Islands can receive funds via the Lomalo wallet, with payments settling in seconds, bypassing the need for traditional correspondent banking networks. M1X also indicated that its recent integration with Bank of Guam, a U.S. FDIC-insured bank, further connects USDM1 to regulated banking infrastructure. (The Block)
Block
Paradigm
Paradigm
Republic
Republic
Solana
Paradigm 关联钱包质押 100 万枚 HYPE，价值约 6675 万美元
据链上分析师 Onchain Lens（@OnchainLens）监测，2 个与加密风投机构 Paradigm（@paradigm）关联的钱包合计质押 100 万枚 HYPE，当前价值约 6,675 万美元。
Hypercent
Hyperliquid
Onchain
Paradigm
Paradigm
Framework Ventures closes $400M Fund IV, expanding investment scope to AI and robotics
According to Fortune, San Francisco-based crypto venture capital firm Framework Ventures has announced the closure of its fourth fund, raising $400 million. Investors include fund-of-funds, Ivy League endowments, sovereign wealth funds, and nonprofit organizations. The fund will focus on “frontier technologies,” expanding its investment scope from cryptocurrency into AI, robotics, and energy. Approximately half of the fund’s capital has already been deployed. Founded in 2019, Framework Ventures was an early investor in DeFi protocols Aave and Chainlink; as of December 2025, it manages $1.28 billion in assets under management (AUM). This expansion aligns with similar moves by peers such as Paradigm and Haun Ventures, reflecting an industry-wide trend among top crypto VCs accelerating their shift into AI amid a broader crypto market downturn.
Aave
based
Chainlink
Paradigm
Paradigm
Latin American payments app El Dorado closes $9 million Series A round, led by Paradigm
According to The Block, Paradigm has led a $9 million Series A funding round for El Dorado, a Latin American cross-border payment application, with participation from Coinbase Ventures and Verda Ventures.
Block
Coinbase
El Dorado
Paradigm
Paradigm
The Block
Latin American cross-border payment app El Dorado completes $9 million Series A funding, led by Paradigm
: Latin American cross-border payment app El Dorado has completed a $9 million Series A funding round, led by venture capital firm Paradigm, with participation from Coinbase Ventures and Verda Ventures. The company stated that its current key growth paths include "non-mainstream payment corridors" such as Brazil and Bolivia. It is already operating in 12 countries, covering markets including Argentina, Brazil, and Colombia, with over 100,000 active users and 5 million processed transactions.Additionally, El Dorado has launched a cross-border payment product for enterprises, incorporating multi-signature and multi-organization architecture, and integrating stablecoin and fiat channels. It operates on a Layer 1 network supported by Tempo, primarily serving real trade scenarios such as electric vehicle imports. (The Block)
Block
Coinbase
El Dorado
Paradigm
Paradigm
Tempo
Pharos Network Officially Launches Alpha Summer, Ushering in a New Paradigm of “On-Chain Living Economy”
Pharos has officially launched Alpha Summer, centered on the theme “PROS Never Sleeps,” positioning its native token $PROS as the economic engine driving onchain economic vitality this summer—and thereby building a truly self-sustaining, circular onchain economy. Alpha Summer will unfold across three mutually reinforcing components, with each pillar serving a distinct function: prediction markets, developer applications, and real-world yield—collectively representing Pharos’ comprehensive implementation of a “living onchain economy.”
Alpha
Chain
Paradigm
Paradigm
Pharos
Pharos Network
Hyperliquid Policy Center and Paradigm Call on the U.S. to Revise Stablecoin Anti-Money Laundering Rules
According to The Block, the Hyperliquid Policy Center and Paradigm have jointly written a letter to the U.S. Department of the Treasury urging revisions to a proposed anti-money laundering rule, stating that it could impose strict liability on stablecoin issuers for secondary-market transactions over which they lack substantive control.
Block
Center
Hyperliquid
Paradigm
Paradigm
Revise
Morpho completes $175 million funding round, led by a16z Crypto and Paradigm
DeFi lending protocol Morpho has announced the completion of a $175 million funding round, led by a16z Crypto, Paradigm, and Ribbit Capital, with participation from Apollo Funds, Circle Ventures, VanEck, and other institutions.The report states that this funding round was priced based on the average price of Morpho tokens over the past month, corresponding to a valuation of approximately $2 billion for the protocol. Morpho allows institutions to customize lending markets and risk parameters on-chain and has already attracted adoption by institutions such as Coinbase, Kraken, Anchorage Digital, and Galaxy Digital.Data shows that Morpho's current Total Value Locked (TVL) is approximately $6.6 billion. The company stated that it will continue to expand its institutional-grade DeFi lending business and strengthen competition with lending protocols like Aave. (Fortune)
Aave
Anchorage
Apollo
based
Bitcoin
Bitwise
Polymarket Accuses Kalshi of Industrial Espionage, Citing "Too Many Coincidences" in Product Launches
Odaily News Prediction market platform Polymarket believes competitor Kalshi may have engaged in industrial espionage targeting its New York office and employees. Polymarket's marketing head confirmed the company is conducting an internal investigation, stating there are "too many coincidences" and suspecting Kalshi of malicious intent.According to reports, Polymarket has internally compiled a file named "The Imitators," documenting approximately a dozen suspicious incidents. These include Polymarket's original plan to launch a free grocery pop-up event on February 12, while Kalshi launched a similar event approximately nine days earlier. Additionally, Polymarket was scheduled to announce its perpetual contract product plans on April 21, but about an hour before the announcement, tech media outlet The Information reported that Kalshi was also preparing to launch a similar product.Polymarket employees are also concerned that the office of venture capital firm Paradigm, which supports Kalshi, is located directly opposite their workspace, potentially allowing for monitoring of employees' computer screens. It is reported that Polymarket installed window film on some office windows this spring.In response, a Kalshi spokesperson denied all allegations, calling Polymarket's suspicions "pathetic and bordering on delusional." (New York Post)
Kalshi
Paradigm
Paradigm
Polymarket
Paradigm announces open-sourcing its self-developed AI Agent Centaur, stating it has completely transformed the fund's workflow
OdailyOdaily Planet Daily News Paradigm officially announced the open-sourcing of Centaur, a multi-user collaborative, secure, self-hosted AI Agent Runtime co-developed by Paradigm and Tempo.Paradigm stated that since January of this year, the fund has been using Centaur internally, and it has completely changed the team's working methods, covering various task scenarios such as investment, engineering, design, recruitment, events, and customer service.Centaur can be understood as a "shared Agent" that can call tools, run continuously for hours or even days, continue working after system restarts, and use real credentials to complete operations without ever touching raw secrets. Users can interact with it via Slack or call it through an API.
Paradigm
Paradigm
Planet
Planet
Planet
Tempo
Kalshi closes $200 million Series F extension round, with Baillie Gifford and Layer Global participating
sources revealed prediction market platform Kalshi has raised an additional $200 million from Baillie Gifford and Layer Global, further expanding the $1 billion funding round previously led by Coatue Management, while maintaining a company valuation of $22 billion.Earlier this month, Kalshi announced the completion of a $1 billion Series F round, with participants including Sequoia Capital, a16z, IVP, Paradigm, Morgan Stanley, and ARK Invest.Data shows that Kalshi's monthly trading volume in April exceeded $14 billion, with annualized revenue surpassing $1.5 billion. (Bloomberg)
Ark
Ark
Kalshi
Paradigm
Paradigm