
Pell Network has successfully raised $6.5 million to develop its omnichain Bitcoin restaking network, which aims to enhance cryptoeconomic security and maximize Bitcoin's potential. The funding round was backed by notable investors including d11labs, ArkStream Capital, and Web3Port. The project is positioned as a key player in the BTCFi space, with the $PELL token serving as a foundational element for Pell Network, facilitating decentralization, governance, and long-term incentives. Additionally, Pell Network is set to leverage its funding to advance its AI-driven DeFi initiatives. Meanwhile, Starknet continues to innovate in the blockchain space, focusing on advanced zero-knowledge (ZK) technology to enhance user experience and security through features like native account abstraction and smart contract wallets. The platform is gaining traction with new projects, including Proof of Speed, which aims to ensure gameplay integrity in on-chain gaming environments.
With Account Abstraction on @Starknet, you get both security and flexibility. No more writing down seed phrases, no drama: just smart contract wallets with 2FA done right. 🤓 Only on Starknet! 🐺
With Account Abstraction on @Starknet, you get security and flexibility. No seed phrases, no drama, just smart contract wallets done right.🤓 Only on Starknet!🐺
🎮 Introducing Proof of Speed, a project built on @Starknet! We’re working on ways to use zk-proofs to verify gameplay integrity in on-chain, ensuring transparency and fairness while preventing cheating. Follow along as we continue building and refining this solution! #Starknet https://t.co/Ws7WlOHVnE

