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Hack VC Closes $150M Fund I, Increases Assets Under Management to $425M
Crypto venture firm Hack VC has closed a $150 million maiden fund, bringing total assets under management to $425 million. Hack VC is a long-time web3 investor, having backed over 100 projects since 2014. The firm remains firmly bullish on web3's future potential and will deploy its new capital to seed critical infrastructure startups. (Read More)Source link
Commodities Slump on China’s Economic Headwinds
Commodity prices dropped 9% amid China's economic woes affecting demand, including COVID-19 and property sector issues. Crude oil prices fell sharply. Despite a positive long-term outlook, short-term risks remain. (Read More)Source link
Siacoin (SC), LEO Surge Over 14% as Starknet (STRK) Sinks 21% Among Top Cryptocurrency Movers
Siacoin and UNUS SED LEO were among the top gainers over 24 hours, surging 14-15%. Starknet saw the biggest losses, plunging 22%. Ongoing volatility highlights an uncertain crypto market amid weak sentiment and volumes. (Read More)Source link
Pudgy Penguins Expands Retail Presence with New Toys in Walmart Stores
Pudgy Penguins expands Pudgy Toys line to 3,100 Walmart stores, including 30 exclusive toys, demonstrating growth from digital NFTs to tangible consumer products through royalty payments via OverpassIP. (Read More)Source link
Stellar Network Advances with Protocol 20 and Smart Contracts Activation
Stellar Development Foundation activates Protocol 20 and smart contracts on its network, enhancing scalability and efficiency, and marking a milestone in growth. (Read More)Source link