Close Menu
West TimelinesWest Timelines
  • News
  • Politics
  • World
    • Africa
    • Asia
    • Australia
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Russia
      • Spain
      • Turkey
      • Ukraine
    • North America
      • United States
      • Canada
    • South America
  • Business
    • Finance
    • Markets
    • Investing
    • Small Business
    • Crypto
  • Elections
  • Entertainment
  • Health
  • Lifestyle
    • Fashion
    • Food & Drink
    • Travel
    • Astrology
  • Weird News
  • Science
  • Sports
    • Soccer
  • Technology
  • Viral Trends
Trending Now

Dubai Spotlight: Analyzing the Evolving Audience Tastes with AI Social Listening Tools in the UAE

3 weeks ago

مرآة التاريخ: تحليل البناء السردي للدروس الخالدة في قصص الأنبياء والإسلام

4 weeks ago

السندات الحكومية والشركات: أساسيات الاستثمار الآمن والدخل الثابت

1 month ago

UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off

5 months ago

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

5 months ago
Facebook X (Twitter) Instagram
West TimelinesWest Timelines
  • News
  • US
  • #Elections
  • World
    • North America
      • United States
      • Canada
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Ukraine
      • Russia
      • Turkey
    • Asia
    • Australia
    • Africa
    • South America
  • Politics
  • Business
    • Finance
    • Investing
    • Markets
    • Small Business
    • Crypto
  • Lifestyle
    • Astrology
    • Fashion
    • Food & Drink
    • Travel
  • Health
  • Sports
    • Soccer
  • More
    • Entertainment
    • Technology
    • Science
    • Viral Trends
    • Weird News
Subscribe
  • Israel War
  • Ukraine War
  • United Kingdom
  • Canada
  • Germany
  • France
  • Italy
  • Russia
  • Spain
  • Turkey
  • Ukraine
West TimelinesWest Timelines
Home»Business»Crypto
Crypto

rewrite this title Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations

May 10, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Telegram Email WhatsApp Copy Link

Summarize this content to 2000 words in 6 paragraphs

Eclipse Labs founder and CEO Neel Somani has announced he will be “temporarily reducing” his role as the public face for the firm following serious allegations of sexual misconduct.Somani took to the social media platform X, formerly Twitter, to address the allegations stating he is innocent and prepared to defend his reputation.“Serious allegations have been made against me on Twitter in the last week. These allegations are false, but serious allegations about sexual misconduct warrant a serious and thoughtful response,” said Somani using the social platform X.Eclipse Labs took to social media to address the allegations stating it is committed to maintaining professional standards and gender equality.
Eclipse remains committed to maintaining the highest personal and professional standards, including gender equality and fair treatment. The team takes allegations against our CEO, Neel Somani, seriously and believes in the importance of truth.
— Eclipse 🌑 (@EclipseFND) May 9, 2024Eclipse Labs is a layer-2 blockchain scaling project built on Ethereum with headquarters in San-Francisco. “The senior leaders at Eclipse are well equipped to take on these responsibilities and this will allow these conversations to unfold and the truth to emerge about these allegations,” said Somani using the social media platform X. 
So I’ll be temporarily reducing my role as a public face for Eclipse. The senior leaders at Eclipse are well equipped to take on these responsibilities and this will allow these conversations to unfold and the truth to emerge about these allegations.
— neelsalami.eth 🌑 (@neelsalami) May 9, 2024In March, Eclipse Labs announced it had raised $50 million in funding round to fuel the launch of its solution for scaling the Ethereum network. The funding round was co-led by Placeholder and Hack VC, bringing the total capital raised to $65 million. Other notable participants in the round included Polychain Capital, Delphi Digital, Maven 11, DBA, Apollo-managed funds, and Fenbushi Capital. Eclipse Labs announced it is hiring for several roles, including a Growth Engineer, Marketing Lead, and People Operations Manager, with a preference for candidates based in the Bay Area.In December 2023, Eclipse launched a testnet with the intention of prioritizing developers. Opening the mainnet to developers and giving them a platform to build applications that benefit from the project’s architecture.
Eclipse Testnet is live.
This marks a significant step towards bringing the Solana Virtual Machine (SVM) to Ethereum L2. pic.twitter.com/4VAZh2W5A0
— Eclipse 🌑 (@EclipseFND) December 13, 2023Eclipse Labs is attempting to foster collaboration and interoperability between the Ethereum and Solana ecosystems. This approach allows applications built for Solana to run on Eclipse with minimal modifications. SOL tokens remain the primary currency within the Eclipse ecosystem, further bridging the gap between the two major blockchain players.

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest Email Telegram WhatsApp Copy Link

You Might Like

Bank Employee Who Allegedly Embezzled Funds to Invest in Cryptocurrency Faces Financial Ruin

Analyst Predicts 400% Surge in Shiba Inu Price Forecast

Fox News Poll Shows Trump Ahead of Kamala Harris by 2%

Nansen Introduces Tracking Tools for Solana Analytics

Ireland Accelerates Crypto Regulation Development in Anticipation of EU Anti-Money Laundering Directive

Latest Blockchain Attack Results in $50M Theft at Radiant Capital

Editors Picks

مرآة التاريخ: تحليل البناء السردي للدروس الخالدة في قصص الأنبياء والإسلام

4 weeks ago

السندات الحكومية والشركات: أساسيات الاستثمار الآمن والدخل الثابت

1 month ago

UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off

5 months ago

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

5 months ago

Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot

6 months ago

Latest News

فلسطين: قلبٌ ينبض بالصمود والأمل

7 months ago

Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember

7 months ago

Array

7 months ago
Advertisement
Facebook X (Twitter) TikTok Instagram Threads
© 2025 West Timelines. All Rights Reserved. Developed By: Sawah Solutions
  • Privacy Policy
  • Terms
  • Contact

Type above and press Enter to search. Press Esc to cancel.