Web3 venture capital firm Hack VC is committed to staying the course after weathering “at least three bull market cycles,” the company said yesterday, announcing its first venture fund. The company said it raised $150 million for the fund “opportunistically in a bear market.”This venture funding round follows Hack VC’s first $200 million cryptocurrency funding that closed in February 2022. Combined with other investment vehicles, the firm’s total assets under management currently exceed $425 million.Co-founders and managing partners Alex Pack and Ed Roman said they are used to dealing with doubters.“At every turn, we deal with institutional investors who dismiss…
Author: Crypto Flexs
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forever coin rise As Bitcoin continues to attract the attention of investors and the general public alike, a new cryptocurrency called Forever Coin has emerged. This new digital currency is gaining momentum due to its unique features and growth potential. In this article, we’ll look at why Forever Coin is worth considering as your next investment in the cryptocurrency space. Why Forever Coin? Forever Coin stands out from other cryptocurrencies due to its innovative technology and powerful use cases. The creators of Forever Coin have developed a blockchain platform that offers faster transaction times and lower fees compared to Bitcoin…
February 21, 2024, London, UK, Chainwire Bitcoin Dogs has now raised a total of $3.1 million in its historic first six days of pre-sale. The project’s BRC-20 token, 0DOG, is the first ICO on the Bitcoin blockchain. Bitcoin Dogs recently broke new ground in the Bitcoin ecosystem by leveraging the Ordinals protocol, and the team plans to launch a 10,000-piece NFT collection later this year. The opportunity to be part of history has been a key selling point for the brand, with the token price rising every three days until the pre-sale ends on Friday March 15, making the token…
Financial markets were recently shocked by the news that billionaires have liquidated large portions of high-profile stocks. These actions raised questions such as: Should the average investor follow suit, especially when it comes to cryptocurrencies? Mark Zuckerberg’s sale of $428 million worth of Meta stock, Warren Buffett’s reduction of his stake in Apple, and Jeff Bezos’ massive sale of Amazon stock are prime examples of this trend. Billionaires Sell Tech Stocks After a hiatus since November 2021, Zuckerberg took advantage of Meta’s incredible 194% surge last year. He sold about 1.28 million shares, taking home nearly $500 million. Nonetheless, he…
If the price of MATIC rises while DOT stagnates, the latter position may be taken. Sentiment surrounding DOT was bearish and MATIC was bullish. Polygon (MATIC), currently the 14th most valuable cryptocurrency, was close to overturning Polkadot (DOT) at press time. Polygon’s market capitalization was $9.17 billion, according to CoinMarketCap. On the other hand, Polkadot’s market capitalization was $9.39 billion. Needless to say, the differences between the two projects do not appear out of nowhere. However, as interest in MATIC grows, DOT may plateau. Market capitalization is a product of price and circulating supply. Therefore, it is important to consider…
FIBER technology appears to transmit mined blocks. I wonder if this technology also sends pending transactions to Mempool.
Siacoin and UNUS SED LEO were the top gainers, surging 14-15% in 24 hours. Starknet recorded the biggest loss, plummeting 22%. Continued volatility highlights uncertain cryptocurrency markets amid weak sentiment and volume. Cryptocurrency markets have seen significant price fluctuations among both winners and losers over the past 24 hours. According to CoinMarketCap data, Siacoin and UNUS SED LEO had the biggest gains, while Starknet suffered the biggest losses. Siacoin (SC) rose 14.48% to $0.01673, with trading volume of over $312 million. UNUS SED LEO (LEO) also rose noticeably, rising 5.16% to $4.365 with over $1.5 billion in trading volume. On…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Ripple is currently dealing with regulatory issues, while Binance Coin (BNB) is concerned about a possible liquidation. Pushd (PUSHD) is a recent entrant with over 27,000 signups. Even though it is still in the first pre-sale stage, it is attracting attention. The $6 trillion online retail industry is what Pushd aims to transform. In the ongoing Pushd pre-sale, PUSHD is trading at $0.094. Investors expect greater profits due to the project’s spending-friendly debit card and decentralized governance methods. Ripple…
Lee’s comments come as Bitcoin’s rally appeared to have lost some of its gains after rising 35% to $53,000 over the past few weeks, reaching a 26-month high. It was recently trading at $50,900, down 1.8% in the last 24 hours. This is slightly better than the 3% decline in the overall market’s CoinDesk20 Index (CD20) over the same period.
Former FTX CEO Sam Bankman-Fried plans to retain a new legal team representing another former cryptocurrency executive, Alex Mashinsky, according to multiple news reports. Bankman-Fried, wearing a tan prison shirt and chains around his ankles, acknowledged to the court on Wednesday that his attorney represented Mashinsky “at a high level,” Reuters reported. Earlier this month, U.S. prosecutors wrote: letter to U.S. District Judge Lewis Kaplan, requesting a hearing on potential conflicts of interest that may arise because Mukasey and Young represent Bankman-Fried and former Celsius CEO Mashinsky. According to court documents, Mukasey and Young hired SBF as their attorney in…