ChainCatcher news, the privacy protocol Nocturne announced on platform X its decision to gradually cease company operations. This move comes after the closure of its privacy protocol last year. The frontend will remain open for withdrawals until the end of this month. After that, users will need to manage withdrawals themselves using the command line interface (CLI) tool, with relevant guidance provided through the GitHub repository.Previous news from October 2023, the crypto startup Ethereum ecosystem anonymous account protocol Nocturne Labs completed a $6 million seed round financing, led jointly by Bain Capital Crypto and Polychain Capital, with participation from Ethereum co-founder Vitalik Buterin, Bankless Ventures, Hack VC, Robot Ventures, and others.

ChainCatcher news, the privacy protocol Nocturne announced that it will shut down Nocturne v1 and refocus its efforts on new products in the application domain, concentrating on the urgent technological and user issues at hand. Additionally, it revealed that more information about the new products will be shared in the coming months.For existing Nocturne v1 users, Nocturne stated that deposits, exchanges, and staking on Nocturne are currently suspended, and users can withdraw their funds within a year.According to the crypto data platform RootData, Nocturne Labs completed a $6 million seed round of financing in October this year, led jointly by Bain Capital Crypto and Polychain Capital, with participation from Ethereum co-founder Vitalik Buterin, Bankless Ventures, Hack VC, Robot Ventures, and others. Subsequently, the v1 version was deployed on the Ethereum mainnet in November.

ChainCatcher news, the privacy protocol Nocturne has deployed its v1 version on the Ethereum mainnet, providing users with a way to maintain privacy in transactions. Nocturne aims to integrate privacy directly at the account level, functioning similarly to a smart contract wallet. The team stated that Nocturne is compatible with any DeFi protocol that represents state through output tokens, such as Uniswap swap tokens, Aave aTokens, and Compound cTokens.According to the crypto data platform RootData, Nocturne Labs just completed a $6 million seed round financing in October, led by Bain Capital Crypto and Polychain Capital, with participation from Vitalik Buterin, Bankless Ventures, Hack VC, Robot Ventures, and others.