The Bitcoin ecological protocol Fiamma has completed a seed round of financing of 4 million US dollars, led by Faction and others
On December 5, the Bitcoin ecosystem protocol Fiamma completed a $4 million seed round of financing. This round was led by Faction and L2 Iterative Ventures, with participation from the founders of BOB and SatLayeer, as well as AsteraVentures, ContributionCap and others. Fiamma aims to transform Bitcoin into a dynamic asset in a minimally trusted manner and build decentralized internet and financial systems on Bitcoin. It is addressing the programmability gap of Bitcoin through BitVM2, enabling Bitcoin to expand in a minimally trusted way and seamlessly interact with programmable blockchains.
By developing the smallest and most efficient fragmented ZK verifier (Fflonk and Groth16) in Bitcoin scripts, we have unlocked highly optimized ZK verification on Bitcoin for the first time.
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
A $5.7 billion patent verdict has been issued, Burford Capital (BUR.US) may receive $1.4 billion, and its share price soared by more than 12%.
Burford Capital Ltd. surged more than 12% on Monday, marking its largest intraday increase since the end of March, after a federal jury delivered a verdict in a patent case involving Apple.
Pfizer (PFE.US), BioNTech (BNTX.US), and Moderna (MRNA.US) seek dismissal of Bayer’s Monsanto mRNA patent lawsuit, but the judge rejects the request
A federal judge in Delaware on Monday rejected the requests from Pfizer, BioNTech, and Moderna to dismiss a lawsuit filed against them by Monsanto, a subsidiary of the German pharmaceutical giant Bayer. The lawsuit concerns these pharmaceutical companies' use of a patent related to mRNA technology.
After years of waiting and another delay, Tesla (TSLA.US) postpones the Roadster debut to October 15 as severe weather forces the event to stop.
Tesla has rescheduled the unveiling event for its next-generation Roadster, originally planned for this week, to October 15.
Debt and inflation become the biggest constraints! Deutsche Bank warns: The global market "policy safety net" is failing and future volatility may intensify
Deutsche Bank Research stated in its latest report that the era of large-scale policy interventions used to cushion global economic shocks over the past decades is coming to an end. The continuous rise in sovereign debt, high interest rates, and persistent inflation are all weakening the traditional “safety net” relied upon by governments and central banks.
Crypto prices
More
