Crypto security startup Hypernative raises $9 million seed round
Crypto companies such as Alchemy, Blockdaemon and Nexo backed crypto security firm Hypernative in a $9 million seed round. The round, led by Boldstart Ventures and IBI Tech Fund, also saw participation from CMT Digital and Borderless, per a press release. The startup began raising funding after it was founded in March and closed the round around May, according to founder and CEO Gal Sagie in an interview. Hypernative's platform monitors on and off-chain data after a protocol is deployed ...
Crypto security startup Hypernative raises $9 million seed round
Crypto companies such as Alchemy, Blockdaemon and Nexo backed crypto security firm Hypernative in a $9 million seed round. The round, led by Boldstart Ventures and IBI Tech Fund, also saw participation from CMT Digital and Borderless, per a press release. The startup began raising funding after it was founded in March and closed the round around May, according to founder and CEO Gal Sagie in an interview. Hypernative's platform monitors on and off-chain data after a protocol is deployed ...
Data analytics firm Arkham Intelligence adding support for Polygon in Q1
Arkham Intelligence announced it is adding support for Polygon, giving users the ability to track, monitor and identify wallets on its chain. This is the second chain Arkham Intelligence will add support for besides Ethereum, which it will do in the first quarter. Arkham said it chose Polygon for its second integration because of its partnerships with Disney, Starbucks and Stripe, as well as its large user base. Support for additional blockchains is important for data analytics platforms to e...
Data analytics firm Arkham Intelligence adding support for Polygon in Q1
Arkham Intelligence announced it is adding support for Polygon, giving users the ability to track, monitor and identify wallets on its chain. This is the second chain Arkham Intelligence will add support for besides Ethereum, which it will do in the first quarter. Arkham said it chose Polygon for its second integration because of its partnerships with Disney, Starbucks and Stripe, as well as its large user base. Support for additional blockchains is important for data analytics platforms to e...
Deribit seeking Dubai license to maintain crypto options dominance
Crypto exchange Deribit is setting up shop in Dubai as it works to execute on a new strategy aimed at maintaining its dominance in the crypto options market, the exchange confirmed to The Block. The firm, which has operations in Panama and Amsterdam, will move the exchange's main headquarters to the burgeoning crypto center as it seeks a Full Market Product license under the so-called Virtual Asset Regulatory Authority (VARA) regime, the firm's Chief Commercial Officer Luuk Strijers...
Deribit seeking Dubai license to maintain crypto options dominance
Crypto exchange Deribit is setting up shop in Dubai as it works to execute on a new strategy aimed at maintaining its dominance in the crypto options market, the exchange confirmed to The Block. The firm, which has operations in Panama and Amsterdam, will move the exchange's main headquarters to the burgeoning crypto center as it seeks a Full Market Product license under the so-called Virtual Asset Regulatory Authority (VARA) regime, the firm's Chief Commercial Officer Luuk Strijers...
Web3 Infrastructure Startup Spatial Labs Raises $10M
Spatial Labs has raised $10 million in a seed funding round that was led by Blockchain Capital. The capital will be used to develop new products and for growth initiatives, according to a press release The round also included Marcy Venture Partners, an investment firm co-founded by musician and entrepreneur Jay-Z. Marcy previously backed Spatial Labs in a $4 million pre-seed round in 2021. Other backers in the latest round included noted businessman Ron Burkle, music producer Scooter Braun as...
Web3 Infrastructure Startup Spatial Labs Raises $10M
Spatial Labs has raised $10 million in a seed funding round that was led by Blockchain Capital. The capital will be used to develop new products and for growth initiatives, according to a press release The round also included Marcy Venture Partners, an investment firm co-founded by musician and entrepreneur Jay-Z. Marcy previously backed Spatial Labs in a $4 million pre-seed round in 2021. Other backers in the latest round included noted businessman Ron Burkle, music producer Scooter Braun as...
ARK Buys $2.5 Million in Coinbase Shares as COIN Continues Rally
Cathie Wood's crypto conviction continues as ARK made another Coinbase (COIN) buy Thursday. Coinbase is now the 12th-largest holding for the ARK Innovation ETF (ARKK), behind CRISPR Therapeutics and game engine developer Unity, taking up 3.87% of the fund's weight. Overall, ARKK has a cost average of $254.65 for COIN. COIN closed at $47.55, up 8.6% on-day Thursday, or 23% during the past month. Analysts are predicting a mean price target of $61.46, according to data compiled by Fact...
ARK Buys $2.5 Million in Coinbase Shares as COIN Continues Rally
Cathie Wood's crypto conviction continues as ARK made another Coinbase (COIN) buy Thursday. Coinbase is now the 12th-largest holding for the ARK Innovation ETF (ARKK), behind CRISPR Therapeutics and game engine developer Unity, taking up 3.87% of the fund's weight. Overall, ARKK has a cost average of $254.65 for COIN. COIN closed at $47.55, up 8.6% on-day Thursday, or 23% during the past month. Analysts are predicting a mean price target of $61.46, according to data compiled by Fact...
