As part of the offering, Paradigm is also exploring an internal market-making desk for prediction market trading and a prediction market index.
Brayden Lindrea
Brayden Lindrea is a staff writer at Cointelegraph and a member of the APAC news team. He joined the publication in 2022 and reports on cryptocurrency market developments, regulatory trends, cybercrime, and industry innovation, with a focus on Bitcoin adoption across community, institutional, and national contexts. He holds a bachelor’s degree in science from the University of Sydney.
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Crypto VC Paradigm is developing a prediction market terminal: Fortune - News
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Elon Musk’s SpaceX quietly files for IPO, seeking mammoth debut: Report A valuation above $1.75 trillion would rank SpaceX among the largest public companies in the US, above several major tech names at current market values.
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E-commerce giant Mercado Libre to sunset rewards-based Mercado Coin: Report The closure of Mercado Coin doesn't mark the end of Mercado Libre's crypto rewards strategy as it still offers the Meli Dolar (MUSD), a US dollar stablecoin which launched in 2024.
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Bitfarms loss widened to $285M as Bitcoin fell, but shares jump anyway Bitfarms said it was impacted by a decline in Bitcoin prices last year. The company is now five months into its pivot from Bitcoin mining to HPC and AI.
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US Labor Department takes step toward including crypto in 401(k)s The proposed rule change seeks to enable Americans to invest in products like crypto that better reflect the current investment landscape, Labor Secretary Lori Chavez-DeRemer said.
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US senators question SEC over enforcement chief exit, Justin Sun case A report from Reuters earlier this month claimed that the SEC's former chief of enforcement clashed with agency leadership over cases involving those in Trump's orbit before resigning.
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US senators float ‘Mined in America Act’ to boost BTC mining manufacturing While the US hosts 38% of Bitcoin’s hashrate, 97% of mining machines are made by two Chinese companies, according to a Bitcoin policy advocate.
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Polymarket trader makes $67K after UFC announcer briefly mixes up winner The Polymarket trader quickly bought $676 worth of one-cent shares in Tyrell Fortune winning the fight after he realized the UFC announcer called out the wrong winner.
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DeFi lender Aave launches on OKX’s Ethereum L2, X Layer OKX’s X Layer is the 21st blockchain to integrate Aave, which recently surpassed the $1 trillion mark in cumulative lending volume.
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Lido DAO proposes $20M LDO buyback to reverse historic price fall The LDO token is down 95.9% from its all-time high, with a $255 million market cap, even as Lido’s staking protocol still accounts for the largest share of staked Ether at 23.2%.
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Lummis says CLARITY Act offers ‘strongest’ developer protections Crypto lawyer Jake Chervinsky said legislation covering crypto developer protections has been overshadowed by the intense focus on stablecoin yield in the CLARITY Act.
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Ripple CEO says stablecoins could be crypto’s ‘ChatGPT moment’ for businesses Ripple’s Garlinghouse noted that stablecoin trading volume reached more than $33 trillion in 2025, while Bloomberg predicted that stablecoin flows would hit $56.6 trillion by 2030.
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Morgan Stanley sets 0.14% Bitcoin ETF fee, lowest in market if approved Bloomberg ETF analyst Eric Balchunas said Morgan Stanley’s 16,000 financial advisors would have no problem recommending the product at such low fees.
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Cathie Wood’s ARK taps Kalshi data to help make investment calls Kalshi has already listed specific markets that ARK Invest is interested in, such as non-farm payroll markets and deficit-to-GDP (gross domestic product) ratio markets.
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David Sacks’ 130-day term as Trump’s crypto and AI czar has ended David Sacks will lead a new tech-focused advisory group established by the White House, which will include key leaders like Nvidia’s Jensen Huang and Meta’s Mark Zuckerberg.
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GameStop did not sell its 4,709 Bitcoin after all, filing shows GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on Coinbase as part of a covered-call strategy.
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Swan Bitcoin seeks to subpoena Cantor Fitzgerald, ex-CEO in ex-staff dispute Swan Bitcoin claims that Howard Lutnick may have known about its failed Tether mining venture, after which employees allegedly stole documents, resigned and launched a rival firm.
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Google targets 2029 post-quantum migration as threats draw nearer Google has urged others to accelerate post-quantum efforts as it continues to develop Willow, one of the most powerful superconducting quantum processors today.
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Pharma firm Enlivex raises $21M for prediction market Rain token treasury Enlivex says it acquired 3 billion Rain tokens at a discount and extended its option to purchase billions more discounted tokens until late next year.
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Ethereum devs up security efforts with new ‘Post-Quantum’ team The Ethereum Foundation-linked Post-Quantum team says while the quantum threat isn’t imminent, deploying a full solution without disrupting the network will take years.
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Circle asks EU to ease crypto thresholds in proposed markets framework Circle said no euro-denominated "e-money token," including its EURC stablecoin, has reached the framework's proposed market cap threshold for use in settlement.
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Balancer Labs shuts down 4 months after $100M+ exploit, protocol to continue Executives at Balancer Labs are now pushing for the protocol to be managed by the Balancer Foundation and Balancer’s DAO.
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Strategy unveils $44.1B capital-raising capacity to buy more Bitcoin Strategy is increasingly turning to perpetual preferred stocks to fund its Bitcoin strategy, with the company adding 90,000 BTC to its balance sheet so far this year.
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Hong Kong’s Boyaa Interactive eyes $70M crypto treasury expansion Boyaa Interactive International is the 23rd-largest Bitcoin treasury and the third-largest in Asia, behind Japan’s Metaplanet and China’s Next Technology Holding.
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Michael Saylor hints at Bitcoin buy as Strategy’s stack slips 10% into the red Michael Saylor’s Bitcoin-holding company Strategy has already purchased more than $2.9 billion worth of the cryptocurrency this month.
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NYSE exchanges remove options limits on 11 Bitcoin, Ether ETFs Part of the approved rule changes allows institutions to trade the crypto ETFs as FLEX options, which offer customizable terms like non-standard strike prices and expiration dates.
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Gold posts steepest weekly drop since 1983 amid Middle East tensions Gold is also being impacted by rising anticipation that the US Federal Reserve won’t cut interest rates this year, while Fed chair Jerome Powell said inflation would rise.
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Grayscale files S-1 for Hyperliquid ETF, joining Bitwise, 21Shares Unlike Bitwise, Grayscale doesn’t plan to incorporate staking for its Hyperliquid ETF but hasn’t ruled out integrating it in the future.
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Appeals court denies Kalshi request to block Nevada enforcement action US gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it from offering sports-related contracts.