🚀 Zoth Secures Strategic Funding to Enhance Privacy-Focused Stablecoin Infrastructure

Privacy-focused stablecoin project Zoth has announced the completion of a new round of strategic financing. According to ChainCatcher, the specific amount of the investment has not been disclosed. The funding round was led by Taisu Ventures, with participation from Luca Netz, CEO and owner of the NFT project Pudgy Penguins, and JLabs Digital. The newly acquired funds will be utilized to develop stablecoin infrastructure centered around a 'privacy-first' framework.

#Zoth #Privacy #Stablecoin #Funding #TaisuVentures #LucaNetz #PudgyPenguins #JLabsDigital #Blockchain #PrivacyFirst

🚀 Ethereum Foundation Establishes DeFi Team to Support New Protocol Development

The Ethereum Foundation has announced the formation of a new DeFi team under App Relations to support the development of protocols aligned with the 'DeFipunk' philosophy. According to ChainCatcher, the team has appointed Charles St. Louis, former CEO of DELV and ex-MakerDAO governance architect, as the DeFi protocol expert. Ivan, co-founder of Gearbox Protocol, will serve as the DeFi coordinator.

The team emphasizes the importance of maintaining permissionless, censorship-resistant, privacy-first, self-custody, and open-source principles within DeFi. They plan to provide research support, networking opportunities, and ecosystem showcases for related projects. Additionally, the team will collaborate with the Privacy Cluster, which was reorganized last year, to advance areas such as user-controlled AI, high-throughput on-chain futures, futarchy DAO, and ZK private credit lending.

#EthereumFoundation #DeFi #DeFipunk #CharlesStLouis #Ivan #GearboxProtocol #DELV #MakerDAO #privacyfirst #selfcustody #open-source #researchsupport #ecosystemshowcases #ZKprivatecreditlending #futarchyDAO #AI #on-chainfutures #permissionless #censorshipresistant #ETH

🚀 MarsCat Secures $3 Million in Funding to Enhance Decentralized Communication Network

MarsCat has announced the completion of a $3 million funding round. According to ChainCatcher, the investment was led by Animoca Brands, Cogitent Ventures, Cryptogram Venture (CGV), TB Ventures, BD Ventures, and Becker Ventures.

MarsCat is focused on developing a privacy-first peer-to-peer decentralized communication network. The project aims to facilitate seamless interaction between Web3 applications without relying on centralized servers. It is committed to providing scalable and secure infrastructure to ensure users maintain full control over their data.

#MarsCat #Funding #DecentralizedCommunication #Web3 #PrivacyFirst #P2P #Investment #ScalableInfrastructure #SecureData #AnimocaBrands #CogitentVentures #CryptogramVenture #TBVentures #BDVentures #BeckerVentures