May 9: Arch Labs, building Arch, described as the “first Bitcoin-native application platform,” raised $7 million in a seed round led by Multicoin Capital, with participation from Portal Ventures, OKX Ventures, Big Brain Holdings, CMS Holdings, Tangent, Cypher and Newman Capital, according to a press release: “The company plans to use the funds to hire additional core developers, help launch the Arch Network into mainnet in H2 2024 and continue to support its burgeoning app ecosystem.to build the first bitcoin-native application platform… The Arch Network is a parallelized, proof-of-stake network that uses…
Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom
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