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

2024-06-14 by admin Leave a Comment

On 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 …

Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion

2023-08-01 by admin Leave a Comment

Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $ 850 million during this period, with its overall excess reserves reaching $ 3.3 billion. Tether …