Secret Network offers $400M in funding to bring others in on the secret
“With this funding, Secret Network and its partners aim to scale privacy-first, decentralized applications to global adoption by millions of users,” said Tor Bair, the Founder of the Secret Foundation. Secret Network is offering $400 million in funding to grow its privacy-oriented ecosystem and expand user adoption.Secret Network is a decentralized ecosystem that utilizes trusted execution environments to enable private, secure computation over encrypted data. The ecosystem has four components: Secret Tokens, Secret Bridges, Secret Finance and Secret NFTs.According to a Jan. 19....
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Secret Network launched a $400 million DeFi fund and 1inch integrated Avalanche and Gnosis protocols — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.Following a bearish decline for many of the leading decentralized finance (DeFi) tokens, it is within the fundamental news where the optimism for growth and prosperity lies. Read on to hear about the most impactful DeFi stories of the last seven days.What you’re reading is the shorter, snappier version of the newsletter. For the full roundup of DeFi....
"Secret Tokens combine the programmability of ERC-20s with the privacy of coins like Zcash or Monero.” An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens.According to a Secret Network blog post, the protocol launched its Secret Ethereum Bridge on the mainnet today, which is designed to allow Ether (ETH) and all ERC-20 token holders to create programmable versions of their assets with privacy features. The Secret Network compared these “secret” tokens to privacy coins like Monero (XMR):"Secret Tokens....
In an exclusive interview with Cointelegraph, Zyskind discussed the future of Secret NFTs and exciting developments coming to the Secret Network. On Nov. 2, award-winning writer and director Quentin Tarantino announced he would auction off seven uncut scenes from Pulp Fiction as nonfungible tokens, or NFTs, built on the Secret Network (SCRT). The digitized assets will include the first uncut scripts of the movie, as well as secrets about the film and its creators.While the NFTs will feature public metadata, acting as a sort of front cover of the underlying digitized asset, only the NFT....
Despite the fact that regulations have tightened and bureaucrats worldwide are scrutinizing cryptocurrency usage, a few privacy coins have jumped considerably higher in value over the last week. Monero jumped 13% during the last seven days, while the token secret increased 50%, and dusk spiked by 47% this past week.
Monero, Secret, Dusk Network Values Spike
This week a few privacy-centric crypto assets have seen double-digit percentage gains over the last seven days. According to metrics stemming from coingecko.com’s list of privacy coin market capitalizations,....
The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.” Secret Service’s Crypto Awareness Hub The....