#EthCC personal highlights:
• good sentiment around institutional adoption, stablecoins, payments
• RWA has scaled beyond experimental pilots
• next growth phase is tied to smart, adaptive regulatory frameworks
• it's important to play long-term game with long-term people
We are excited to announce that Starpower has raised $4M in funding rounds led by @hiFramework, with participation from @SolanaVentures and @alliancedao.
Together, we are building the DePIN to address the growing energy demands of AI.
🔥$4 Million Seed Round Closed, Oversubscribed🔥
Fiamma is excited to announce our $4 million Seed Round, led by @FactionVC and @l2iterative to transform Bitcoin into a dynamic asset in a trust-minimized way and build a decentralized internet and financial system on Bitcoin. Additional strategic investors include @build_on_bob, and the founders of @satlayer, alongside participation from @AsteraVentures, @ContributionCap, @sats_ventures, @chapterone, @founderheads, @daedalus_angels, and other prominent angels.
At Fiamma, we’re solving Bitcoin’s programmability gap with BitVM2, enabling Bitcoin to scale and interact seamlessly with programmable blockchains in the most trust-minimized way. By developing the smallest and most efficient fragmented ZK verifiers (Fflonk and Groth16) in Bitcoin script, we’re unlocking highly optimized ZK verification on Bitcoin for the first time.
Currently, we are building two foundational infrastructure solutions on Bitcoin:
1️⃣ Fiamma Bridge: The first trust-minimized Bitcoin bridge powered by BitVM2, now live on the Alpha Testnet. It enables secure, pragmatically trustless cross-chain interactions with Bitcoin for the first time, without relying on complex, centralized intermediaries or multisig setups. 🔥 Claim your seed code now! (More details below and in upcoming posts.)
2️⃣ Fiamma Layer: The first BitVM2-powered ZK verification layer on Bitcoin, now live on the Devnet. This revolutionary layer leverages Bitcoin's network security to optimistically verify ZKPs and utilizes Bitcoin's cryptoeconomic security via @babylonlabs_io for instant verification, unlocking ZK rollups and decentralized use cases previously impossible on Bitcoin.
With these foundational products, we will enable Bitcoin to natively power key real-world use cases, including stablecoins, payments, lending, and more. This is just the beginning. Fiamma is paving the way for limitless innovation, positioning Bitcoin as the backbone of a decentralized future.
🎁Join the campaign now! 🔥
🔶Claim your Mama seed code - an exclusive ticket to join the Fiamma bridge testnet campaign! With it, you'll unlock top-tier rewards and gather the Fluff Energy needed to complete the Bridge adventure: https://t.co/EtPdpRgsnB
🔶Fuel Fiamma’s social media - Fiamma’s rise is unstoppable, but we need your help to accelerate its progress: https://t.co/bxGIMnxdLY
🤝Connect with us!
🔶Follow the founders and discover what they're cooking up now: 🦙@AlpacaYovela and 🐶@ocean_xiaobai.
🔶Join our Telegram: https://t.co/6uPZutfUAi and Discord: https://t.co/NPSvMk3C89
🔗Read the full announcement here: https://t.co/ad1jg4qrBI
🧵 Layer Raises $6M to Build Incorruptible Foundations of the Internet!
We are thrilled to announce today at Permissionless that we have successfully raised $6 million in seed funding, setting a course to revolutionize internet security!
We are thrilled to announce our round with @OrangeDAOxyz, @founderheads, @IDEOVC, @OutliersFund, @unboundedcap, @SteakhouseFi and 20+ other angels & investors. We're also pumped to participate in a16z start up school.
Cork aims to expand and accelerate onchain credit through helping market participants price and hedge risk. With billions of dollars across todays Ethereum liquid staking and stablecoin ecosystem, it is more urgent now than ever.
We are proud to partner with the best players in the business to tackle this ambitious problem.
https://t.co/zxcKTMOQHk
1/ 🚀 Big news! Holonym Foundation has secured $5.5M in seed funding to advance global digital personhood through ✨Human Keys✨
Led by @FinalityCap & @Papervc and ...
1/ XProtocol is thrilled to announce that we have successfully raised a strategic round, bringing our total funding to $5.2 million.
This marks a significant milestone in our mission to bring the masses to Web3 through entertainment, gaming, and AI applications
We are excited to announce our pre-seed funding round of $1M led by @HashedEM, with participation from @masknetwork, @coin_ix, @breakorbitVC, and @founderheads.
Special thanks to our angel investors: @chainyoda, @parkerjou, @benhwx, @BrianLimiardi, @alphacristi and others
This funding propels our initiative to bring secure yields for idle bridge assets using our staking mechanisms with:
🔒 Non-Custodial Staking: Secure, direct ETH staking in rollup bridges
⚙️ Increased Efficiency: Optimizing asset use for better returns
🛡️ Enhanced Security: Providing robust security using the latest staking tech and slashing insurance
Our system integrates seamlessly with rollup and EVM chain bridges to ensure efficient and secure staking