Bitcoin L2 developer Alpen Labs completes $10.6 million seed round, led by Ribbit Capital
Bitcoin L2 developer Alpen Labs has completed a $10.6 million seed round of financing, led by Ribbit Capital, with participation from Castle Island Ventures, Robot Ventures, and Axiom Capital.Alpen Labs is seeking to extend the world's largest cryptocurrency blockchain through zero-knowledge proof, and spent a lot of time last year developing Bitcoin Rollup infrastructure to introduce smart contract functionality to the network.
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Trump-imposed tariffs to begin Tuesday as Mexico, Canada announce retaliatory response
President Trump on Saturday signed an executive order imposing 25% tariffs on imports from Canada and Mexico, with a 10% tariff on Canadian energy and oil, and an additional 10% tariff on China.The implementation of the tariffs was delayed to Tuesday at 12:01 am.Mexico’s President Sheinbaum announced the country would implement both tariff and non-tariff retaliatory measures, while Canadian PM Trudeau said Saturday night Canada would implement 25% tariffs on a swath of American goods in response.
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