Nocturne, a New York City-based company that offers on-chain private accounts, has raised $6 million in seed funding. The round was co-led by Bain Capital Crypto and Polychain Capital, with participation from Ethereum co-founder Vitalik Buterin and other members of the Ethereum community, as well as Bankless Ventures, HackVC, and Robot Ventures. The funding will be used to accelerate the production and deployment of Nocturne's protocol across various ecosystems, as well as to fund legal work to navigate the changing regulatory environment. Nocturne plans to launch on mainnet within the next month, providing a compliant non-custodial privacy option to retail users and allowing for integrations with wallets, payment companies, and other strategic partners.
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Nocturne Raises $6M Seed Funding for On-Chain Private Accounts Protocol
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Tetra Digital Group, a digital asset infrastructure company, has secured approximately $10 million in funding.
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according to Bloomberg, Turkey's first commission-free trading platform Midas is valued at nearly $1 billion after its latest funding round. The company announced earlier this week that it had secured $80 million in funding, setting a new record for funding for a Turkish financial technology company. This round of funding was led by QED Investors, with additional investors including the International Finance Corporation (IFC) and existing investors Spark Capital. With this, Midas' total funding has reached $140 million. Midas is the owner of Istanbul brokerage firm Midas Menkul Degerler AS, and is seen as the Turkish version of the "Robinhood" trading platform. -
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AI native platform Sola completed a $17.5 million Series A financing round, led by a16z. Sola uses AI robots to automate workflows. Their agents observe how users perform tasks on the screen and can automatically handle these tasks even in traditional tools without APIs or integrations. -
The worst privacy washing of 2023 and trends to expect in 2024
The biggest new threat to privacy in 2023 wasn’t any surveillance program. It was the false advertising Big Tech companies use to trick people into thinking their products are private. Like oil companies claiming fossil fuels are “green”, Google, Apple, Microsoft, and others increasingly try to convince people their surveillance-based advertising models are “private” when they’re not. This sneaky marketing practice is known as privacy washing(new window).
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OKX to Delist Privacy Tokens Including Monero in 2024
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Beldex Raises $3M in Funding for Development of Private Web3 Environment
Beldex, a hub for privacy ecosystem based in Mahe, Seychelles, has secured $3 million in funding from Block Alpha, a transparent and collaborative Web3 market maker. The investment will be used for research and development of Beldex's blockchain infrastructure and ecosystem. Beldex, led by Chairman Afanddy Bin Hushni, is committed to developing a private Web3 environment that protects user data and identity in the digital domain, as evidenced by its extensive Web3 ecosystem that includes BChat, BelNet, the Beldex browser, and its privacy protocol.
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