Privacy Protocol Nocturne, Backed By Vitalik Buterin, Announces Gradual Shutdown

According to Odaily, Nocturne, a privacy protocol backed by Vitalik Buterin, has announced its decision to gradually shut down the company. This decision comes after the cessation of the privacy protocol established earlier last year. The front-end app.nocturne.xyz will continue to provide withdrawal services until the end of this month. From then on, the withdrawal process will be converted into a self-service through this GitHub repository, providing detailed instructions on how to use the CLI tool to withdraw funds. In October 2023, Nocturne Labs announced the completion of a $6 million seed round of financing. The round was led by Bain Capital Crypto and Polychain Capital, with participation from Vitalik Buterin, Bankless Ventures, Hack VC, and Robot Ventures. The company's decision to shut down marks a significant turn of events following this successful funding round.