Hubcoin News

NFT-focused Fund Finds Parallels to Traditional Venture Investing

NFT-focused Fund Finds Parallels to Traditional Venture Investing

Spencer Ventures, a crypto fund focused solely on NFTs, has decided to come out of stealth mode after receiving a $4 million check from a family office with $10 billion in assets under management. Blockworks spoke to the founder and fund manager, Spencer Gordon-Sand, about what it takes to raise a fund aimed at institutional …

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Bitcoin risks worst weekly close since 2020 as BTC price dices with $19K

There’s little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago. Bitcoin (BTC) headed for its lowest weekly close since 2020 on Sep. 25 as a week of macro turmoil took its toll. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader prepares for …

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Shiba Inu adds over 35,000 holders in 3 months despite poor SHIB price performance

Shiba Inu adds over 35,000 holders in 3 months despite poor SHIB price performance

The ongoing crypto market volatility has significantly impacted meme coins like Shiba Inu (SHIB), which recorded unprecedented growth in 2021. Despite the depressed markets, a section of SHIB investors are potentially betting on the asset to rally by increasingly accumulating the coin ignoring the current market conditions. In particular, as of September 23, SHIB had 1,226,030 holding …

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Azuki Among Latest NFT Projects To Gain VC Funding Chiru Labs would reportedly be valued at least 0 million once the round closes

Azuki Among Latest NFT Projects To Gain VC Funding Chiru Labs would reportedly be valued at least $300 million once the round closes

Art and NFT collector Adrien Cheng may be involved in Chiru Labs’ raise An official announcement from Chiru Labs and Azuki founder is still anticipated At first, Twitter rumor had it that the Azuki NFT project had raised a round of funding that brought its creator company, Chiru Labs, to a valuation of $1.4 billion. That unconfirmed …

Azuki Among Latest NFT Projects To Gain VC Funding Chiru Labs would reportedly be valued at least $300 million once the round closes Read More »

Anticipation for ATOM2.0 Leads Cosmos Price to Outperform Market

Anticipation for ATOM2.0 Leads Cosmos Price to Outperform Market

Cosmos (ATOM) has been falling since completing a double top pattern on Sept. 17 but has managed to hold on above the $13.30 horizontal support area. ATOM has been increasing since June even though the rest of the market has shown considerable signs of weakness. It is possible that this has occurred as a result of …

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Helium Foundation announces migration to Solana following community vote

Helium Foundation announces migration to Solana following community vote

QUICK TAKE The Helium Foundation has announced Helium Network’s migration to the Solana blockchain following a community vote. Helium has run on its own blockchain since its inception in 2019 but will now migrate to Solana to scale to meet the demands of builders and users. The Helium Foundation has announced the migration of the Helium Network, …

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Opera Crypto Browser Integrates Elrond, Blockdaemon Partners With a Banking Giant, KuCoin Going Glocal + More News

Opera Crypto Browser Integrates Elrond, Blockdaemon Partners With a Banking Giant, KuCoin Going Glocal + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Adoption news Opera Crypto Browser, the Web3-focused browser with native support for decentralized applications (dapps) and a non-custodial wallet, is announcing plans to expand its suite of networks by integrating the Elrond (EGLD) blockchain. Following the …

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Amber to remain ‘prudent’ in crypto winter even as revenue climbs, Huang says

Amber to remain ‘prudent’ in crypto winter even as revenue climbs, Huang says

QUICK TAKE Digital assets investment firm Amber Group announced its unaudited financial results for the first half of the year.  Amber’s Annabelle Huang says the firm remains well capitalized and profitable in the bear market.  Amber Group will remain “prudent” during crypto winter even as the crypto trading firm’s revenue climbed by 25% in the first half …

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Are noncustodial crypto wallets a practical option for the everyday hodler?

Noncustodial wallets are more secure than custodial wallets, but it may take time for everyday, non-technical users to get used to them. ANALYSIS   As crypto ownership becomes more and more common, holders will need to think about how they protect and hold their assets. The safest option is storing cryptocurrency in a personal wallet. …

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ApeCoin (APE) Community Votes on Marketplace Proposal as Token Unlock Nears

ApeCoin (APE) Community Votes on Marketplace Proposal as Token Unlock Nears

ApeCoin Community members are voting on several proposals to improve the token’s utility as its first token unlock nears. There are three proposals before the community, and the major one is a proposal by Magic Eden to build an ApeCoin DAO NFT marketplace. The Solana-based platform proposal, “AIP 93: A Marketplace for Apes, by Apes, built by Magic Eden …

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