Pyth Network Launches GMCI 30 Crypto Market Index
With the introduction of the GMCI 30 Index Price Feed by Pyth Network, more than 60 blockchain ecosystems will now have access to the GMCI crypto market price index. This launch is a step toward giving blockchain and smart contract developers real-time financial data. “We are excited to announce that Pyth Network will be streaming […]
Paradigm Secures $850M for Third Crypto Fund
Venture capital company Paradigm, which focuses on cryptocurrency, has launched a new $850 million fund. In a statement, Matt Huang, co-founder and managing partner of Paradigm, stated that the platform’s third venture capital fund will concentrate on early-stage cryptocurrency startups. Early in April, rumors circulated that Paradigm was trying to raise a third fund for […]
Hidden Road Partners with Bitfinex After Bybit KYC Issues
Shortly after severing connections with Bybit, the brokerage business Hidden Road, sponsored by Citadel Securities, has teamed up with Bitfinex. Institutional investors that use Hidden Road, a premier brokerage firm supported by Citadel Securities, will now have access to cryptocurrency through Bitfinex. The cryptocurrency exchange announced that Hidden Road’s “extensive institutional investor base” will have […]
Polygon ID Spins Off From Polygon Labs, Rebrands as Privado ID
Official announcements have been made by Privado ID, a privacy-focused digital identity solution that was formerly known as Polygon ID and spun out from Polygon Labs. Identity theft and fraud have grown to be significant issues in the cryptocurrency space, especially in light of AI-generated false information. According to a new Javelin Strategy & Research […]
Space and Time Launches Sub-Second ZK Prover, Proof of SQL
A new high-performance ZK prover has been released by California-based crypto business Space and Time to boost defi growth and on-chain transactions. A custom-built compute layer called Space and Time (SxT) made its sub-second zero-knowledge (ZK) prover stack, known as Proof of SQL, publicly available. A small number of SxT clients were first given access […]