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Phylax Systems has announced a successful $4.5 million pre-seed funding round, co-led by Figment Capital and Nascent, with additional support from several venture firms including Robot Ventures and Bankless VC. The funds will be utilized to develop The Credible Layer, a security protocol designed to establish and enforce hack-prevention rules at the block builder level, aiming to proactively prevent hacks in decentralized applications. This initiative addresses the critical security challenges facing the crypto and DeFi sectors. In related developments, EigenLayer's latest podcast episode features discussions on the potential of Zero-Knowledge (ZK) proof markets, which are evolving to become more cost-effective and beneficial for crypto applications. Additionally, Spire Labs is gaining attention for its innovations in based rollups, which enhance the user experience and composability of Ethereum applications.
Phylax is developing the Credible Layer, a security protocol that allows apps to define + enforce hack-prevention rules at the block builder level, aiming to stop hacks before they occur rather than reacting to them after the fact. Excited to be backing @odysseas_eth and his… https://t.co/nnDaQxNGc6
This week, we launched a new podcast to give builders in ZKPs a space to discuss products, go-to-market strategies, and tech developments. In our 3rd episode, we welcome @rj_aligned and @fran_strambini from @alignedlayer and @class_lambda 🟩ƛ 🎧 https://t.co/M9w8FS9SgE 1/🧵 https://t.co/gXX48LBck9
This week, we launched a new podcast to give builders in Zero-Knowledge Proofs (ZKPs) a space to discuss products, go-to-market strategies, and tech development. In our third episode, we welcome RJ & Fran from @alignedlayer and @class_lambda 🟩ƛ 🎧 https://t.co/M9w8FS9SgE 1/🧵 https://t.co/DPCphVSbi1