The Nocturne protocol supported by Vitalik Buterin has ceased operations

ChainCatcher message, the Ethereum native privacy protocol Nocturne Labs is shutting down its operations. Nocturne has the support of prominent cryptocurrency experts, including Ethereum co-founder Vitalik Buterin, and the company announced on June 5 in an X post that it would cease operations. "The company did not provide any explanation for the closure.

According to the Web3 asset data platform RootData, Nocturne was initially aimed at bringing private accounts and transactions into the Ethereum ecosystem. In October 2023, the company raised $6 million in a seed round led by Bain Capital Crypto and Polychain Capital, with Buterin also participating.