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Privacy-oriented blockchain platform Aztec is set to shut down Aztec Connect, its network's privacy infrastructure serving as the encryption layer for Ethereum. Aztec will no longer run a sequencer from March 2024, and the current system will no longer publish rollup blocks processing Aztec Connect transactions. (Read More)
“The immense research invested into Aztec Connect will be usable and indeed critical to the development of our next-gen product,” wrote the Aztec team in a Medium post. “Having an encrypted rollup live and in production gives us confidence in our shift to focusing on a fully programmable version.” Source: CoinDesk
The post DeFi Privacy Bridge Aztec Connect Sunsets After Less Than a Year appeared first on Crypto Breaking News.
Some users took to Twitter to bemoan what some are calling a continuing attack on privacy in the wake of the U.S. Treasury Dept.’s action against Tornado Cash.
On Thursday, California-based bitcoin voucher company Azteco revealed it had garnered $6 million in seed funding through a round spearheaded by Block, Inc.’s CEO and chairperson, Jack Dorsey. Azteco stated that the newly acquired capital would further its objective to “provide billions of people” with a “solution that promotes financial inclusion and long-term stability.” Jack
The post Bitcoin Voucher Provider Azteco Secures $6 Million Funding Round Led by Jack Dorsey appeared first on BTC Ethereum Crypto Currency Blog.
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