sablier

According to official news, the token distribution and streaming payment protocol Sablier Labs has announced the cessation of active product development and commercial operations, entering maintenance mode from today until June 2028. The official statement indicated that due to the sluggish environment of the cryptocurrency market and the lowered technical barriers from AI-assisted programming, the on-chain token distribution sector can no longer support its venture capital-scale business model.Sablier emphasized that its underlying smart contracts run on-chain without permission, and the company does not hold funds, so the assets, streaming payments, and token unlocks of existing users are not affected. However, regarding front-end business restrictions, the official interface will no longer accept new plans with end times later than June 2028 or indefinite payment streams from today.At the same time, to promote the project's transition to a community-led open-source public good, Sablier has advanced the open-source date of its main EVM smart contracts from the originally planned 2029 to today, and the license has officially changed from BUSL to GPL, allowing the community to freely fork and deploy.

On-chain detective ZachXBT posted on his personal channel that a certain entity previously received ESPORTS, RIVER, and LIGHT tokens through Sablier's attribution contract, which are directly linked to the three multi-signature wallet signers of LAB. These BSC tokens have all experienced market manipulation on centralized trading platforms.ZachXBT had previously flagged anomalies with LAB and RIVER, while the ESPORTS token suffered another flash crash, plummeting 93% in a short time. The CEX deposit addresses associated with the entity and the LAB signer addresses have been made public.

ChainCatcher news, according to official sources, the real-time payment protocol Sablier has announced the completion of a $4.5 million seed round financing, with participation from A Capital, Fenbushi Capital, WAGMI Ventures, GD1 web3, Cyfrin, DCV, Founderheads, as well as angel investors Daniel Bar, Ben Middleton, and Evan.At the same time, Sablier also announced that it has received funding from the a16z crypto startup accelerator, with the specific amount not yet disclosed.Sablier primarily provides on-chain token distribution and cash flow solutions, and has previously deployed the protocol on the Optimism, Arbitrum, and Avalanche networks.