Entropy founder and CEO Tux Pacific says that, after four years and multiple pivots, the project was unable to find a scalable business model.
Latest News on Funding
Get the latest news on crypto funding today! Crypto projects require funding for development, marketing and other requirements.
Projects acquire funding from a range of sources, including initial coin offerings, security token sales, initial exchange offerings and venture capital investments.
Funding is vital to the development of the crypto ecosystem.
Stay up-to-date on all the latest crypto funding news with Cointelegraph!
- News2057
- News
Senate Democrats have threatened to block a funding bill if it includes money for the Department of Homeland Security, making traders fearful of another possible US government shutdown.
2943 - News
Decentralized social network Farcaster remains operational after its acquisition by Neynar and confirmed plans to return $180 million in capital to investors.
2776 - Market Analysis
Bitcoin derivatives markets show traders holding steady, but the path back to $95,000 relies on institutional inflows returning, especially after this week’s $1.58 billion outflow.
3833 - News
Galaxy plans to deploy a new hedge fund strategy that targets both crypto tokens and traditional financial stocks as the “up-only” phase fades.
2066 - News
Pump Fund will kick off with a hackathon and back up to 12 projects at $250,000 each at a $10 million valuation.
2370 - News
Being the first federally chartered bank, Anchorage is looking to become a leading stablecoin issuer in 2026, with plans to double the size of its stablecoin team this year.
4298 - News
Despite the backlash, a spokesperson for Adams said he remains committed to funding education programs and supporting scholarships for underserved students through the token.
2882 - News
The eight-figure investment in Genius Trading highlights how execution-focused tools are gaining relevance as crypto trading activity spreads across blockchains.
6002 - News
The funding will support expansion of enterprise payment and settlement services across Latin America, the United States and Asia.
3511 - News
Crypto remains a key technology for maintaining America’s technological edge, according to a16z, which has raised another $15 billion to back American-aligned tech investments.
5197 - News
Claude maker Anthropic is aiming to nearly double its valuation to $350 billion, with The Wall Street Journal reporting a planned $10 billion raise.
3986 - News
The investment was made through the purchase of BABY tokens to support the development of Babylon’s trustless Bitcoin collateral infrastructure.
3582 - News
Several VC-backed crypto projects now trade at market capitalizations well below the valuations assigned during their last private funding rounds.
3581 - News
HashKey Capital has raised $250 million in commitments for the first close of its fourth crypto fund amid continued institutional demand despite volatile market conditions.
2326