Bitcoin L2 developer Alpen Labs completes $10.6 million seed round, led by Ribbit Capital
Bitcoin L2 developer Alpen Labs has completed a $10.6 million seed round of financing, led by Ribbit Capital, with participation from Castle Island Ventures, Robot Ventures, and Axiom Capital.Alpen Labs is seeking to extend the world's largest cryptocurrency blockchain through zero-knowledge proof, and spent a lot of time last year developing Bitcoin Rollup infrastructure to introduce smart contract functionality to the network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hedera Token Sees $2B Trading Spike Amid 5% Rally
ChatGPT’s head of product to testify in the DOJ’s antitrust case against Google
Share link:In this post: ChatGPT’s head of product, Nick Turley, has been added as a witness for the United States Department of Justice (DOJ) in its antitrust case against Google. Nick Turley is the latest addition to the witness list that features representatives from Perplexity and Microsoft. Google ramps up preparation for Turley’s testimony by asking for documents related to the hearing from OpenAI through a subpoena.
SEC charges New York blockchain engineer over GME rug pull fraud
Share link:In this post: Eric Zhu settled SEC fraud claims for orchestrating a rug pull scheme involving Game Coin. Zhu allegedly misappropriated $553K by moving unlocked liquidity provider tokens to his control. The case marks one of SEC Chair Gary Gensler’s final enforcement actions.