# Funding Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Funding", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Crypto PAC Pledges $5M for Barry Moore Senate Run

A crypto-aligned super PAC, Defend American Jobs, plans to spend $5 million to support Barry Moore’s U.S. Senate campaign. The group, linked to the prominent crypto PAC Fairshake, will run a five-week ad campaign featuring Donald Trump’s endorsement. Fairshake has already spent heavily in the 2024 elections to back pro-crypto candidates. Moore, a House member since 2020, serves on the Agriculture Committee and has supported digital asset innovation. His opponent, Alabama AG Steve Marshall, also holds a supportive crypto rating. With primaries in May, the investment signals crypto policy’s growing role in elections. Super PACs like Fairshake must disclose donors but operate independently from campaigns.

TheNewsCrypto02/11 10:06

Crypto PAC Pledges $5M for Barry Moore Senate Run

TheNewsCrypto02/11 10:06

Crypto Morning Brief: MegaETH Mainnet Launches, Backpack Seeks Funding at $1 Billion Valuation

Crypto Morning Brief: MegaETH Mainnet Launches, Backpack Seeks Funding at $1B Valuation Key market developments include comments from White House economic advisor Hassett, who expects slightly lower job data but maintains strong GDP growth projections. Binance's SAFU fund purchased 4,225 BTC worth $300M. Story Protocol delayed its token unlock to 2026, citing a shift toward AI training data licensing. Backpack unveiled its tokenomics: 25% of tokens (2.5B) will be released at TGE, with 24% allocated to points holders and 1% to Mad Lads NFT holders. The team confirmed no insider token allocations—all team tokens are locked until after a planned U.S. IPO. Backpack is in talks to raise funds at a $1 billion valuation. MegaETH announced its mainnet launch alongside an ecosystem frontend called "The Rabbithole." Meanwhile, Bitmine acquired 20,000 ETH ($41M), and Cango sold 4,451 BTC ($305M) to fund its AI infrastructure transition. Metalpha will allocate up to 20% of its annual net profit to Bitcoin purchases. Jump Trading will provide liquidity for equity in prediction markets Kalshi and Polymarket. The article also covers market trends and recommended reads on topics like Bitcoin cycles, RWA token standards, and critiques of crypto market behavior.

marsbit02/10 01:23

Crypto Morning Brief: MegaETH Mainnet Launches, Backpack Seeks Funding at $1 Billion Valuation

marsbit02/10 01:23

Ethereum hits 15.19M users, but where does leverage stand now?

Ethereum's network activity has surged, reaching a record 15.19 million monthly active addresses—a 38% increase over the past month and a 114% year-over-year rise. Despite this on-chain growth, trader sentiment and market behavior remain unsettled. Funding rates have turned positive on exchanges like BitMEX, hitting 0.049%, indicating aggressive long positioning and rising leverage. However, this has not translated into significant price gains, with ETH stabilizing in the $2,000–$2,200 range. The RSI shows short-term relief, but with leverage building and spot demand uncertain, the risk of a pullback remains if crowded long positions unwind.

ambcrypto02/09 02:02

Ethereum hits 15.19M users, but where does leverage stand now?

ambcrypto02/09 02:02

21Shares ONDO ETF filing sparks attention, but will it help its price?

21Shares' filing for an ONDO ETF has drawn market attention, but it has not significantly altered ONDO's bearish price structure. Despite an 8% rebound aligned with broader market movements, the token faces repeated rejections below the $0.356 resistance level, confirming seller dominance. Derivatives data shows a 40.51% drop in trading volume and declining open interest, indicating reduced speculative activity and leverage. Negative funding rates further highlight short-side control, with traders adopting defensive positions. Liquidation clusters between $0.23-$0.27 suggest heightened volatility risk. Overall, market structure and sentiment, rather than the ETF news, continue to drive ONDO's price, keeping it vulnerable to further downside pressure.

ambcrypto02/08 00:02

21Shares ONDO ETF filing sparks attention, but will it help its price?

ambcrypto02/08 00:02

Vitalik Buterin Cashes Out $6.6 Million In Ether After Early Signals

Vitalik Buterin sold $6.6 million worth of Ether over three days, using the CoW Protocol to split the trades into smaller swaps to minimize market impact and avoid price slippage. Reports indicate the funds are part of a larger $45 million allocation earmarked for privacy-focused tools, open-source hardware, and verifiable software development. Buterin stated that the Ethereum Foundation is entering a period of mild austerity, and these resources are intended for long-term projects strengthening Ethereum's infrastructure. Despite occurring during a weak market, on-chain activity remains robust, highlighting a disconnect between network usage and current price action.

bitcoinist02/06 07:03

Vitalik Buterin Cashes Out $6.6 Million In Ether After Early Signals

bitcoinist02/06 07:03

Crypto Morning Report: US ADP Data Falls Short of Expectations, Binance SAFU Fund Buys Another $100 Million in Bitcoin

U.S. ADP employment data fell short of expectations, reporting 22,000 jobs vs. 48,000 expected. Binance's SAFU fund purchased an additional $100 million worth of Bitcoin. In regulatory news, U.S. Senate Democrats are discussing crypto market structure, while the SEC charged three crypto market makers—ZM Quant, Gotbit, and CLS Global—with market manipulation. CME Group is exploring the launch of its own cryptocurrency, "CME Coin." On the investment front, TRM Labs raised $70 million, while Tether lowered its fundraising target to $5 billion amid investor skepticism. Solana co-founder updated his profile picture, sparking speculation about Backpack's upcoming TGE. Yi Lihua’s Trend Research transferred significant amounts to Binance, likely for loan repayments. Prediction markets Opinion and BLUFF secured $20 million and $21 million in funding, respectively.

marsbit02/05 01:35

Crypto Morning Report: US ADP Data Falls Short of Expectations, Binance SAFU Fund Buys Another $100 Million in Bitcoin

marsbit02/05 01:35

Epstein’s Alleged Bitcoin, Crypto Investments Surface In Newly Released DOJ Files

Newly released DOJ documents reveal Jeffrey Epstein's indirect financial ties to early Bitcoin infrastructure. Epstein reportedly invested $3 million in Coinbase in 2014 through an entity linked to Brock Pierce, later selling part of his stake for $15 million. He also participated in Blockstream's seed round with an initial $50,000, later increased to $500,000, and allegedly hosted its co-founder Adam Back. Additionally, Epstein donated approximately $525,000 to MIT's Digital Currency Initiative, which funded Bitcoin Core developers after the Bitcoin Foundation's collapse. While the documents show Epstein had financial exposure to crypto and claimed to have "spoken with some of the founders of Bitcoin," there is no evidence linking him to Bitcoin's technical creation or design. Speculation about his connection to Satoshi Nakamoto remains unsubstantiated.

bitcoinist02/05 00:02

Epstein’s Alleged Bitcoin, Crypto Investments Surface In Newly Released DOJ Files

bitcoinist02/05 00:02

Forbes 30 Under 30 in Trouble Again: Fintech CEO Accused of Fraud

Forbes 30 Under 30 honoree Gökçe Güven, the 26-year-old founder and CEO of fintech startup Kalder, has been charged by the U.S. Department of Justice with securities fraud, wire fraud, visa fraud, and aggravated identity theft. The Turkish entrepreneur, who was featured on last year’s list, is accused of misleading investors during a $7 million seed funding round in April 2024. Prosecutors allege that Güven presented a business plan containing false claims, including that 26 brands were using Kalder’s services—though many had no agreement with the company—and that the startup had reached $1.2 million in annual recurring revenue. The government also claims she maintained two sets of financial records and used fraudulent documents to obtain a U.S. visa. This case adds to the growing number of Forbes 30 Under 30 alumni facing legal troubles, including figures like Sam Bankman-Fried and Charlie Javice.

marsbit02/04 10:21

Forbes 30 Under 30 in Trouble Again: Fintech CEO Accused of Fraud

marsbit02/04 10:21

BLUFF Raises $21 Million to Power Betting Innovation

BLUFF, a next-generation betting and entertainment platform, has raised $21 million in a funding round led by blockchain fund 1kx, with participation from Makers Fund, Delphi Ventures, and sports investor Tristan Thompson. The platform, built by former executives from major betting companies like Stake and Bet365, focuses on speed, transparency, and social engagement for modern users. It has already processed over 125 million bets during its beta phase, attracting 600,000 sign-ups. BLUFF combines sports betting, prediction markets, and creator-led events, offering instant onboarding, real-time settlements, and a VIP program. The funds will support platform development and large-scale launch.

TheNewsCrypto02/03 09:57

BLUFF Raises $21 Million to Power Betting Innovation

TheNewsCrypto02/03 09:57

Hot Interaction Collection | Perle Labs Launches New Tasks; Early Test Experience of ambient.xyz (February 3rd)

Hot Interactive Projects Roundup: Perle Labs Launches New Tasks; Early Test Experience for ambient.xyz (Feb 3) Perle Labs, a human expert-driven AI training data platform, has launched new interactive tasks. Users can connect a Solana wallet, complete speech recording and ambiguous instruction identification quests to earn points. All data is recorded on-chain for transparency. The platform has raised $17.5 million. ambient.xyz, an AI model and compute-powered PoW L1 project, is now in early testing. Users can sign up with a Google account, link a wallet, create drop requests, and interact with its AI chat feature. The project completed a $7.2 million seed round led by a16z CSX and Delphi Digital. Project Eleven, a crypto security startup focused on quantum attack protection, allows users to subscribe via email. The company recently raised $20 million at a $120 million valuation to develop quantum-resistant cryptographic solutions.

Odaily星球日报02/03 09:48

Hot Interaction Collection | Perle Labs Launches New Tasks; Early Test Experience of ambient.xyz (February 3rd)