Nym Technologies raises $300M to advance internet privacy, sending token pric...
The NYM Innovation Fund will support research on mixnets and privacy-enhancing technologies. Swiss privacy startup Nym Technologies announced it has secured $300 million in commitments from venture capital partners in support of the NYM Innovation Fund. Nym intends to issue grants to developers and incentivize them to build on top of Nym's decentralized infrastructure. This funding comes a couple of weeks after its native token NYM launched on major crypto exchanges, including OKX and Huobi. At the time of publication, the NYM token traded at an average price of $0.92, and its 24-hour....
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Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624 million total value locked into the platform. Yearn Finance and the native token YFI has been a hot topic during the latter half of 2020. This is because the YFI token went from an all-time low of $739 on July 21, 2020, to reaching an ATH of $43k on September 12. In between that time, YFI saw a....
If there is anything the internet loves these days, it’s privacy. From the boom in VPN use to anonymous accounts and encrypted websites, maintaining privacy is certainly appealing to the average internet user. This interest in privacy has also coincided with the rise in blockchain technology, a concept that thrives on the idea of privacy. […]
A new investor note published today by analyst Needham & Company projects that a bitcoin exchange-traded fund (ETF) could attract as much as $300m in new assets in its first week alone. Writing about the potential impact of an ETF on the nascent market, analyst Spencer Bogart speculates that such an approval is likely to have a "profoundly positive" effect on the price of bitcoin, and that the $300m estimate is "conservative". "The resulting effort to source the underlying bitcoin for the trust would likely drive the price of bitcoin up significantly,"....
Because privacy means different things to different people, a privacy-focused internet is unlikely to please everyone. But it should offer greater personal control.
Mozilla Firefox is taking a huge stand for internet privacy. Let's face it: privacy is one of the major forces pushing many cryptocurrencies forward. For example, Darkcoin and Anoncoin are two projects focused directly on keeping transactions as private as possible. Even Bitcoin builds on the back of private financial lifestyle philosophies. Privacy is important and its impact reaches out further than finances alone. Mozilla, the company behind the famous browser Firefox, recently announced a new strategic initiative called Polaris that aims to improve privacy for Mozilla users. According....