NuCypher
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Prospective Node Operators Stake $125M in ETH to Participate in NuCypher Encryption Network
Encryption startup NuCypher has finished distributing its network’s native token, NU, to over 2,000 prospective node operators who staked more than $125 million worth of ether (ETH) during the month of September. NuCypher’s system will hit Ethereum’s mainnet on Oct. 15.Primarily marketed as a solution for developers building decentralized applications
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Bison Trails Provides Support for NuCypher Protocol
Blockchain infrastructure-as-a-service company, Bison Trails, announced support for the NuCypher network, as well as its permissionless token distribution system, WorkLock, on April 2.According to the announcement, the Libra Association member assured users that anyone would be able to run nodes and participate in the NuCypher network on the Bison Trails
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Encryption Startup NuCypher Raises Over $10M from Bitmain and Polychain
Encryption startup NuCypher raises $10.7 Million in a simple agreement for future tokens (SAFT) from venture capital heavyweights, including Bitmain, Bitfury, Polychain Capital and others.Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital
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