Privacy Protocol Backed By Vitalik Buterin (Co-Founder Of Ethereum) Announces Shutdown!
Author: Elena R
Elena R 
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Jun 6, 2024 13:58
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Nocturne, a privacy protocol company backed by Vitalik Buterin has announced a gradual closer in its operations. The company plans to shut down its front-end app, Nocturne with remaining open for withdrawals until the month-end. In October 2023, Nocturne Labs raised $6 Million in a seed round led by Bain Capital Crypto, Polychain Capital, and Vitalik Buterin. However, earlier this year the company announced to close its Nocturne V1 to focus on application development. This move comes amid increased monitoring by the U.S. regulators.
