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DEI efforts lose momentum after Supreme Court ruling: Report![img](/img/external-link.svg)
A report from Paradigm, a DEI consulting company, found that 54 percent of companies have a budget for DEI initiatives. The report, from September, followed the Supreme Court's June ruling striking down the use of race-conscious admissions in higher education.
Caroline Ellison: Sam Bankman-Fried Thought He Might Become President![img](/img/external-link.svg)
Alameda Research's ex-CEO testifies, claims SBF directed her to commit crimes. Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, at Sam Bankman-Fried's trial.
Sen. Dianne Feinstein remembered for her courage, integrity at heartfelt San Francisco memorial![img](/img/external-link.svg)
Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, at Sam Bankman-Fried's trial. Huang testified Thursday that he and his firm were in the dark about a range of business practices at FTX.
Chicago First Alert Weather: A big chill coming![img](/img/external-link.svg)
Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, at Sam Bankman-Fried's trial. Huang testified that he and his firm were in the dark about a range of business practices at FTX.
'Marked to zero': Paradigm testimony at SBF trial points to investor fraud![img](/img/external-link.svg)
Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, testified at Sam Bankman-Fried's trial. Huang testified that he and his firm were in the dark about a range of business practices at FTX. Huang: "We have marked it to zero"
Cafe Hey: a Tampa Heights staple![img](/img/external-link.svg)
Ohm’s Quest is a steampunk-inspired cubical device that acts as a sort of escape game console. Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, at Sam Bankman-Fried's trial.
A 16-Year-Old Iranian Girl Is in a Coma, Putting the Spotlight Back on the Morality Police![img](/img/external-link.svg)
Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, may help the prosecution convince jurors that the former crypto mogul defrauded investors. Hyundai and Kia have finally announced their plans to adopt Tesla's North American Charging Standard (NACS) ports for their electric vehicles.
Following the SBF trial, 3AC arrest and Q3 web3 funding drops![img](/img/external-link.svg)
The trial for Sam Bankman-Fried, former CEO of now-bankrupt crypto exchange FTX, started on Tuesday. Matt Huang, co-founder and managing partner of Paradigm, and Gary Wang are on the docket to testify this week.
David Marcus lays out why Meta's crypto plans failed and how that influenced his new startup![img](/img/external-link.svg)
Lightspark plans to use bitcoin to settle global money transfers in real time. David Marcus founded the venture in 2022 after running Meta's failed stablecoin project. Investors, including a16z and Paradigm, have poured $175 million into the new company.
Utopia Labs Enables USDC ‘Transfers’ to US Bank Accounts![img](/img/external-link.svg)
Utopia Labs, a Paradigm-backed payments firm, launched a new service allowing U.S-based firms to send USDC to domestic bank accounts. The new product seeks to limit friction between web3 and traditional banks.
Crypto exchange backed by Schwab and Fidelity goes live offering bitcoin and ether trading![img](/img/external-link.svg)
EDX Markets first announced its launch plans for a "non-custodial" exchange in September. Paradigm, Sequoia Capital and Virtu Financial are among the other early backers.
8 big boxing fines as Pacquiao sued for millions by McGregor's management![img](/img/external-link.svg)
Manny Pacquiao was sued for millions by Conor McGregor's management team. A jury awarded Paradigm $1.8m in addition to the $3.3m they had initially paid. That could increase to a whopping $8m (£6.4m) when interest and lawyers’ fees are factored in.
McGregor's management company successfully sues Pacquiao after bitter legal war![img](/img/external-link.svg)
Conor McGregor's management company have sued Manny Pacquiao for £4m. The pair were due to fight in a boxing match in February 2020. However, relations between the Filipino's team and McGregor's representatives broke down. A jury in California returned a 9-3 verdict in Paradigm’s favour.
For Cryptocurrency Investors, Optimism’s Token Is A Bust. Its Ethereum L2 Solution Is Not.![img](/img/external-link.svg)
Optimism has saved users $2.69 billion in fees, 15.8 years of waiting for transaction confirmations. The company has over $175 million in funding from Paradigm and now from the Andreessen Horowitz a16z venture fund.
Blur Founder 'Pacman' Revealed as 24-Year-Old High School, MIT Dropout![img](/img/external-link.svg)
Tieshun Roquerre, 24, is the cofounder of Blur, the NFT marketplace. He dropped out of MIT in 2018 to found a crypto domain startup called Namebase. Namebase was backed by crypto VC heavyweight Paradigm.
FTX customers sue financiers for giving it ‘air of legitimacy’![img](/img/external-link.svg)
Complainants said Sequoia Capital, Thoma Bravo and Paradigm were ‘incentivized’ to tout FTX by their $550m investment. Customers said the defendants lent FTX an ‘air of legitimacy’ by vouching that they had examined its operations.
FTX customers sue financiers for giving bankrupt crypto...![img](/img/external-link.svg)
FTX customers sue financiers for giving bankrupt crypto exchange an 'air of legitimacy' Sequoia Capital, Thoma Bravo and Paradigm did not immediately respond to requests for comment.
University to complete construction in summer ’24![img](/img/external-link.svg)
15-year-old Samson native, Crews Wright, is a ninth-grader at the school. This Friday night, Lynn Haven, Florida-based Paradigm music group is releasing Crews’ single ‘Phone in Heaven’
USDC Issuer Circle Says SEC Is the Reason for Failed $9B Plans to Go Public![img](/img/external-link.svg)
FTX's ex-boss Sam Bankman-Fried poured $20 million into large VC fund Paradigm. That same fund invested in the collapsed crypto exchange right back. SEC is investigating registered investment advisers over whether they are meeting rules.