Financial Technology Infrastructure Alpaca Completes $150 Million Financing Round, Led by Drive Capital

Jan. 14 — Axios reports that Project Eleven, a startup focused on protecting cryptocurrencies from quantum computing threats, has closed a $20 million funding round, valuing the company at $1.2 billion. Quantum computing could break the cryptographic mechanisms underpinning cryptocurrency security — a longstanding concern in the crypto industry. Project Eleven aims to address this by developing solutions that resist quantum attacks, safeguarding blockchain networks and digital assets.

**Binance Wallet Completes Third Fogo (FOGO) Pre-TGE Prime Sale** January 14th — Binance Wallet announced the close of its third round of the Fogo (FOGO) Pre-TGE Prime Sale. The event was oversubscribed 40.8x, raising a total of 316,385 BNB. FOGO token trading will launch on January 15, 2026, at 8:00 PM UTC+8. Users who claimed their Prime Sale Key can check their balances and trade FOGO in their Binance Alpha accounts then.

Official sources confirmed on January 14 that OKX’s content community “Planet” has officially launched its public beta today. Per the announcement, resident creators on “Planet” can activate live trading follow-up services, tap into early traffic, and gain access to bonus sharing in the future. Resident readers, meanwhile, get early access to exclusive content and can join Planet-exclusive activities.

**January 14: Bitcoin Miner Bitfarms Taps Edie Hofmeister as Board Chair** Bitcoin mining firm Bitfarms announced Wednesday, January 14, that it has appointed Edie Hofmeister as Chair of its Board of Directors, replacing Brian Howlett. Howlett—who has served as Chair since 2024—will remain with the company as an independent director. The leadership change supports Bitfarms’ strategy to relocate its domicile to the United States, with goals to: - Enhance access to U.S. capital markets - Expand its U.S. investor base - Boost eligibility for inclusion in select U.S. stock indices Separately, in January, Bitfarms sold its Latin American operations for $30 million, further advancing its transition into the artificial intelligence (AI) and high-performance computing (HPC) sector.

Jan. 14: Per market reports, GOP Congressman Hill says Fed Chair Powell may not testify before Congress in February.

Jan. 14: Fed’s Kashkari says President Trump’s actions toward the Fed are “about monetary policy.” He adds that Fed Chair Powell “accurately” addressed the issue.