Crypto data platform startup Shadow raises $9 million in Paradigm-led seed round

SUMMARY: Blockchain data platform startup Shadow, known for its innovative “shadow forks” providing private execution environments mirroring real-time public blockchain states, has successfully raised $9 million in a seed round. The investment, led by Paradigm, includes notable participants such as Coinbase Ventures, Electric Capital, Ethereum Foundation, Uniswap, and Flashbots. Shadow’s inaugural product, now available for…

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Cosmos project Neutron acquires 25% stake in CosmWasm developer Confio

SUMMARY: Neutron has acquired a 25% stake in Confio, the developer of the CosmWasm programming environment, with the goal of driving CosmWasm adoption and implementing technological enhancements. This strategic collaboration between Neutron, a Cosmos-based smart contracts platform, and Confio is focused on aligning development strategies. The investment amount remains undisclosed. CosmWasm, serving as the default…

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