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...

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...

LG Electronics, the Seoul-based television company, launched a new NFT platform with the help of the Hedera blockchain. The company’s platform is called LG Art Lab. It will give customers a way to buy, sell and display digital art in the form of NFTs on their televisions, according to an announcement today. LG is not the first large company to spy opportunity in the NFT space. Swiss watchmaker Tag Heuer in June announced a new tool that gave customers a way to display NFTs on the face of cert...

LG Electronics, the Seoul-based television company, launched a new NFT platform with the help of the Hedera blockchain. The company’s platform is called LG Art Lab. It will give customers a way to buy, sell and display digital art in the form of NFTs on their televisions, according to an announcement today. LG is not the first large company to spy opportunity in the NFT space. Swiss watchmaker Tag Heuer in June announced a new tool that gave customers a way to display NFTs on the face of cert...

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...

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...

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Secure Your Seat Cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce, or about 110 employees, adding to a dreadful week of bloodletting across the battered cryptocurrency industry. Thursday’s job losses come after Blockchain.com was forced to cut about 150 staff in July, as the firm grappled with a $270 million hit on loans it made to failed hedge fund Thre...

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Secure Your Seat Cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce, or about 110 employees, adding to a dreadful week of bloodletting across the battered cryptocurrency industry. Thursday’s job losses come after Blockchain.com was forced to cut about 150 staff in July, as the firm grappled with a $270 million hit on loans it made to failed hedge fund Thre...

Epic Games, 2050 Capital, and Alumni Ventures join Hadean’s global investors to support the company’s metaverse infrastructure technology. London, UK – 23/09/2022: London-based deep tech start-up, Hadean, has secured $30 million in funding to build out its record-breaking metaverse infrastructure technology – already supporting virtual worlds in immersive entertainment and enterprise digital twins. Molten Ventures led Series A and was joined by 2050 Capital, Alumni Ventures, Aster Capital, En...

Epic Games, 2050 Capital, and Alumni Ventures join Hadean’s global investors to support the company’s metaverse infrastructure technology. London, UK – 23/09/2022: London-based deep tech start-up, Hadean, has secured $30 million in funding to build out its record-breaking metaverse infrastructure technology – already supporting virtual worlds in immersive entertainment and enterprise digital twins. Molten Ventures led Series A and was joined by 2050 Capital, Alumni Ventures, Aster Capital, En...

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...

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...

The U.K. is enforcing a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting Sunday. The tax break, announced in December, is a part of Prime Minister Rishi Sunak’s plans to turn the U.K. into a crypto hub. “This exemption is an important factor in attracting global investors, meaning foreign investors won’t be brought into U.K. tax simply by appointing U.K.-based investment managers,” the government's tax arm, the HM Revenue and Cus...

The U.K. is enforcing a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting Sunday. The tax break, announced in December, is a part of Prime Minister Rishi Sunak’s plans to turn the U.K. into a crypto hub. “This exemption is an important factor in attracting global investors, meaning foreign investors won’t be brought into U.K. tax simply by appointing U.K.-based investment managers,” the government's tax arm, the HM Revenue and Cus...

Bitcoin futures trading volume, in dollar terms, clocked its lowest levels since November 2020 in August. According to The Block Research data dashboard bitcoin futures trading volume for August came in at $941.5 billion across exchanges. That's the first month it was under $1 trillion since December 2020 — when volumes were $970.1 billion — and the lowest since November 2020, when volumes were $779 billion. The drop in bitcoin futures volume came as trading in ether futures boomed ahead...

Bitcoin futures trading volume, in dollar terms, clocked its lowest levels since November 2020 in August. According to The Block Research data dashboard bitcoin futures trading volume for August came in at $941.5 billion across exchanges. That's the first month it was under $1 trillion since December 2020 — when volumes were $970.1 billion — and the lowest since November 2020, when volumes were $779 billion. The drop in bitcoin futures volume came as trading in ether futures boomed ahead...

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...

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...