Privacy Startup Nym Technologies Launches “Nym Sandbox” Testnet for Community...
Ahead of its highly anticipated mainnet release, Switzerland-based privacy startup launched the Nym Sandbox testnet to serve as the permanent testnet alongside the recently launched Nova testnet. The Nym Sandbox is open to developers, node runners, and researchers who want to try out the Nym mixnet architecture before joining or deploying on the mainnet. The launch of the Sandbox testnet is a critical milestone in Nym’s development cycle of the three-step mainnet release. As part of the Nym Sandbox launch, the Nym development team has also released a critical “CosmWasm 1.0” upgrade to....
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The firm is expected to roll-out its mainnet product in the coming months. European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, with further participation by venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush.This third funding round represented their highest raise to date, following seed funding of $2.5 million in May 2019 and a Series A raise of $6 million in July 2021, led by Polychain Capital, according to financial data from Crunchbase.....