espresso

According to official news, Binance has announced the subscription details for the Espresso (ESP) token Prime Sale event.This subscription adopts an oversubscription model, with a subscription limit of 3 BNB per user. Token allocation will be proportional to the total amount of BNB deposited by all participants. After the Pre-TGE phase, users can claim ESP Key (BSC), and ESP tokens will be airdropped to Binance Alpha accounts on the day of TGE, allowing users to trade.The subscription period is from February 10, 20:00 to 22:00, with a total subscription amount of 3.75 million USD (paid in BNB), totaling 53.85 million ESP (accounting for 1.5% of the total supply), with a subscription price of approximately 0.069638 USD per ESP (paid in BNB).

Binance Wallet announced on social media that the sixth Pre-TGE Prime Sale will launch Espresso (ESP) on February 10th from 20:00 to 22:00.Eligible users must hold Binance Alpha points. The specific rules for Pre-TGE and the event entry page will be announced soon.

The Espresso Foundation, a blockchain infrastructure, stated that "the ESP airdrop registration page is now live, and users can check if they qualify for the Espresso airdrop. The token claim page will open in early 2026. From now until the claim opens in early 2026, more airdrop eligibility criteria are planned to be added."

ChainCatcher news, the blockchain project Espresso announced that Espresso Network has been launched on the mainnet. Espresso Network is a confirmation layer that allows chains to quickly and reliably confirm the state of any integrated chain.Espresso confirmations are more secure than centralized pre-configurations and are crucial for achieving synchronous composability. Espresso also expands the modular stack, with some chains planning to use Espresso for decentralized sequencing and data availability.

ChainCatcher news, blockchain infrastructure Espresso Systems announced on platform X that it has released the 5th testnet Cappuccino, which is now open to the public.The Espresso Systems team has expanded the HotShot finality layer to 100 nodes on the Cappuccino testnet. In addition, this testnet now supports Arbitrum fraud proofs.

ChainCatcher news, according to Blockworks, the Web3 privacy system Espresso announced the completion of a $28 million Series B funding round, led by a16z crypto. Polygon, Taiko, o1Labs, StarkWare, Offchain Labs, and core contributors and strategic investors from over 30 notable ecosystem projects (covering Rollups, L2 infrastructure, interoperability, etc.) also participated in this funding round.It is reported that the new funds will be used to continue product development, expand investments in the rollup ecosystem, and grow the Espresso Systems team.According to the crypto data platform RootData, in March 2022, Espresso Systems completed a $32 million funding round, led by Greylock Partners and Electric Capital, with participation from Sequoia Capital, Blockchain Capital, and Slow Ventures.

ChainCatcher news, blockchain infrastructure company Espresso Systems announced the release of its third testnet, Cortado, which includes integration with the OP Stack.It is reported that this integration will enable decentralized transaction ordering and share ordering with other rollups, enhancing interoperability. In the coming weeks, Espresso will continue to collaborate with Caldera to deploy a publicly hosted testnet, including the OP Stack rollup. Users and developers will be able to deploy test contracts, submit transactions, and interact with applications in a real-time testing environment, where all rollup transactions are ordered by the Espresso Sequencer.

ChainCatcher news, blockchain infrastructure company Espresso Systems announced a partnership with Caldera to introduce a decentralized sequencer into the OP Stack. The team will build an Optimistic rollup within the OP Stack, and the testnet will soon be available for everyone.Caldera will provide the OP rollup interface, site hosting, block explorer, and indexer. Espresso Sequencer will integrate with the OP Stack, supporting developers to build decentralized Rollups from the start.

ChainCatcher news, the Ethereum Layer 2 network zkSync based on ZK Rollup is collaborating with the crypto infrastructure company Espresso Systems to integrate a new technology called "Configurable Asset Privacy" (CAPE) for private transactions. Any user can transact without exposing private data on the blockchain, thereby eliminating barriers for institutions that do not wish to expose balances, on-chain activities, and other publicly accessible private data.It is reported that the collaboration is still in planning and has not yet been deployed on zkSync's testnet. An update on the tokenization of real-world assets, supply chains, identity, payments, and trade finance is expected later this year. (Source link)

ChainCatcher news, Web3 application extension and privacy system Espresso Systems announced the launch of the privacy asset configuration protocol CAPE (Configurable Asset Privacy for Ethereum) on the Arbitrum testnet, allowing asset creators to define customizable privacy policies to determine who can view information about asset holders and transactions in certain situations.ChainCatcher previously reported that in March 2022, Espresso Systems completed a $32 million financing round. In June, Espresso Systems launched CAPE on the Ethereum Goerli testnet. (source link)