Bitcoin L2 developer Alpen Labs completes $10.6 million seed round, led by Ribbit Capital

04/10 15:22

Wechat scan to share

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.

Comments

All Comments

Recommended for you

Krisztian Sandor · 03/13 10:34

Bitcoin Crumbles Below $80K as Crypto Sell-Off Goes From Bad to Worse

The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.
Shaurya Malwa · 03/13 09:25

Ripple Bags Dubai License to Offer Crypto Payments in UAE

Payments utility is also expected to drive greater stablecoin adoption in the UAE for their real time settlement value proposition.
cointelegraph · 03/13 07:31

THORChain at crossroads: Decentralization clashes with illicit activity

Can DeFi protocols remain neutral when faced with massive criminal exploitation, or must they evolve to avoid regulatory crackdowns?
cointelegraph · 03/13 06:25

Crypto founders report deluge of North Korean fake Zoom hacking attempts

Crypto entrepreneurs David Zhang and Giulio Xiloyannis say they were both targeted by hackers.
Francisco Memoria · 03/13 04:06

Bitcoin Miner Bitdeer Increases BTC Holdings by 75% to 1,039 BTC in Two Months

The company redirected mining rigs to self-mining as customer delayed payments during bitcoin's price drop..
James Van Straten，cryptoslat · 03/13 03:16

Inflation Relief as U.S. CPI Dips to Less Than Forecast 2.8% in February

The bitcoin price jumped above $84,000 on the welcome news.
Tom Mitchelhill · 03/13 03:01

Crypto Rally Doesn't Hold After Soft Inflation Data

Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.
Coindesk · 03/13 02:52

Hyperliquid Loses $4M After Whale's Over $200M Ether Trade Unwinds

The whale liquidation saw wallet ‘0xf3f4’ opening a highly leveraged 50x ETH long position, depositing $4.3 million in USDC as margin for a total size of 113,000 ETH.
03/13 02:31

nunu.ai Completes $6 Million Seed Round, Led by TIRTA Ventures and a16z Speedrun

according to official news from nunu.ai, the company has completed a $6 million seed round of financing, led by TIRTA Ventures and a16z speedrun, with other investors including Factorial Funds, Y Combinator, Earthling, Hartmann Capital, FOV Ventures, and New Renaissance Ventures.
Coindesk · 03/12 10:32

Japanese Tech Giants Sony and LINE Join Forces in Blockchain Deal

The integration will bring four gaming applications from Japan's largest social platform to Sony's blockchain network, Soneium.