Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process.
Blockchain News

Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
While research in shared ledger technology goes back decades, the arrival of the Bitcoin blockchain introduced the first distributed ledger technology that was thoroughly decentralized and resistant to censorship, seizure and collusion.
Blockchain technology, in its various manifestations including the Ethereum blockchain and others, is ultimately a global consensus system — i.e., it allows people to coordinate and cooperate around a neutral source of information without trusting each other or a central administrator. The use cases are wide-ranging, from finance and energy trading to supply chain management.
At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
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Leaked Slack conversations between Terraform Labs co-founders Do Kwon and Daniel Shin have exposed their contemplation of orchestrating fraudulent transactions.
1705 - News
Pond0x reported that its DEX reached $100 million in cumulative volume, citing a Dune dashboard as evidence.
5389 - Newsletter
Mixin Network has offered a $20 million bug bounty to the exploiter behind a $200 million hack to return the remaining funds.
2534 - News
According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network.
14903 - Spotlight
Web3 is set to revolutionize OTT and film, transforming passive viewing into an interactive experience by leveraging blockchain infrastructure and tokenomics.
10097 - News
SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture to boost the adoption of its enterprise blockchain platform on the XDC Network.
1826 - News
PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider.
9700 - News
The first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification.
2940 - Spotlight
After moving to nominated proof-of-stake, an RWA-focused blockchain platform has reached a notable milestone in its journey.
6253 - News
In a recent Pantera survey, less than 2% of respondents said they worked full time in an office setting, with the rest working at least partially remotely.
2831 - News
Spurred on by user requests, Bitcoin lending firm Ledn is rolling out an Ethereum yield product.
3333 - News
Spurs became the first Premier League team in two years to issue its own fan token on the Chiliz blockchain.
2472 - News
The recent regulatory approval for Coinbase’s international subsidiary comes within a month of getting the NFA nod to offer crypto derivatives services to institutional clients in eligible U.S. states.
2943 - Event Recap
Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.
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