Bitcoin L2 network Mezo developer Thesis completes $21 million Series A funding
Mezo, the developer of the Bitcoin L2 network, has completed a Series A financing round of $21 million, with Pantera Capital leading the investment and Multicoin, Hack VC, Draper Associates and others participating. Mezo uses the "HODL Proof" point system to utilize idle Bitcoin held by holders. The longer the holding time, the higher the contributor's "HODL score multiplier". Mezo will be launched together with the tBTC ecosystem developed by Thesis, which allows for "minimal trust" bridging to various ecosystems.
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Phoenix Labs announces Dauntless shutdown following studio layoffs
Share link:In this post: Phoenix Labs has announced that Dauntless, its monster-hunter-like game, will shut down on May 29, 2025. Dauntless’ closure comes after the game studio repeatedly laid off staff after Forte, a crypto firm, acquired it. Phoenix Labs has yet to reveal the future of its other projects, such as Fae Farm.
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