Backed by Jay-Z, Web3 Hardware Startup Spatial Labs Raises $10 Million

Founder Iddris Sandu opens up about his crypto hardware play and brainstorming with his ‘big brother’ celebrity investor. Web3 startup Spatial Labs has raised $10 million in its seed funding round, led by Blockchain Capital and backed by billionaire rap artist Jay-Z’s venture capital firm Marcy Venture Partners. When combined with Spatial’s pre-seed funding raise […]

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Vitalik Buterin Uncovers ‘Missing Link’ For Creating Transaction Privacy on Ethereum

Vitalik Buterin, the co-founder of Ethereum, recently released a guideline for bringing privacy to transactions on the Ethereum network. In a comprehensive blog post tweeted on Friday, the 23-year-old billionaire broke down the concept of stealth addresses, adding that Ethereum is working to develop the concept as a solution to the ‘last remaining challenge’ for the blockchain. […]

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Using Blockchain Technology to Combat Retail Theft

Blockchain technology may be a solution when it comes to anti-theft measures for retailers. The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft.  Findings from the National Retail Federation’s 2022 Retail Security Survey show that retail losses […]

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