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Funding
HashKey Capital Co-Invests $5M in Decentralized Storage Project Filestar
The $5 million grant will go towards funding the day-to-day operations of Filestar's foundation.

Galaxy Digital, IOSG Lead $1.2M Raise for Startup Creating Automated Ethereum Services
Gelato said the seed round will fund further development of its bot network that will provide automated smart contract execution.

Tor Project Launches Membership Program to Boost Agility, Funds
After laying off a third of its staff in April, the project is looking for ways to increase the “diversity of funds" in its budget.

Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round
Bitcoin Suisse said some of the funding will go to new product offerings if its banking license applications are successful.

Factom's Two Employees Press On Despite Investor's Call to Liquidate
Factom, Inc. cut 80 percent of its 10-person staff. “The protocol is going to run whether Factom, Inc. continues or not,” said COO Jay Smith.

IOTA Founder Personally Refunding Hack Losses to 'Safeguard' Project's Remaining Reserves
Using his personal holdings will help protect the IOTA Foundation's 12-month runway, according to David Sonstebo.

What All These VC Deals and Acquisitions Say About the State of the Crypto Markets
Three funding announcements and three M&A deals give us a window into understanding what investors in the crypto space are most interested in.

Kevin Owocki on Gitcoin, Controversy and the Future of Open Source Funding
The founder of one of crypto’s most buzzed about projects discusses the origins of Gitcoin, controversy, and why open source funding needs to evolve.

EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China
A new fund has been set up with the aim of preventing the EU falling behind nations like the U.S. and China on blockchain and AI innovation.

Congressional Challenger to House Speaker Pelosi Is Fundraising in Crypto
Democratic blockchain and crypto enthusiast Agatha Bacelar is challenging House Speaker Pelosi on a tech-focused platform.
