July 1 (Cointime) - Venture capitalist Matt Huang criticized Paradigm's decision to remove crypto and Web3 mentions from its website, calling it "ridiculous." However, Huang took to Twitter to reassure the market that the firm is still dedicated to crypto. Paradigm's website made headlines after changes were made to the site's boilerplate, describing it as a "research-driven technology investment firm" instead of one that specifically invested in disruptive crypto/Web3 companies and protocols. Huang stated that he and co-founder Fred Ehrsam had a shared curiosity for the future, deep conviction in crypto, and a desire to advance the frontier of what's possible, and that they continue to invest in crypto and publish original research.
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