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Nym Technologies, the privacy infrastructure project with backing from a16z and Chelsea Manning, shares the release of its decentraized VPN for Q1 2024, which is said to disperse user traffic across a network of nodes. Alongside this launch, the project is also releasing the VPN’s lightpaper, providing insights into the solution’s
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"This brings together a decentralized VPN and a mixnet on the same network to offer users the highest level of privacy and security for all their online activities," according to a press release. "Unlike centralized VPNs, which funnel all your data through a single server, the NymVPN disperses your traffic
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The Near Foundation announced a partnership with Nym Technologies, a privacy layer-0 infrastructure startup. Source
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Layer-1 protocol Near has tapped blockchain security firm Nym to provide end-to-end encryption and metadata privacy services for its ecosystem.Nym, which provides blockchain agnostic layer-0 privacy infrastructure, will avail its mixnet tools to encrypt and cloak blockchain traffic and communication across the Near Protocol ecosystem. Masking off-chain metadata traffic will
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Blockchain privacy firm Nym Technologies has launched a $300 million funding program aimed at providing capital to projects building security-focused infrastructure.The Nym Innovation Fund will draw capital from venture capitalist investors such as Polychain, KR1, Huobi Incubator and Eden Block and will focus on supporting projects building Web3 privacy-focused tools
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The program will open for applications in November, and the initial focus for applications will be crypto wallets, remote procedure calls (RPCs) and essential resources, tools, infrastructure and initiatives that benefit the broader ecosystem and are available to the public as open-source projects. Developers from any category, such as gaming,
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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
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Blockchain-powered privacy web startup Nym Technology has raised $13 million in a funding round that puts its valuation at about $270 million. The round was led by venture capitalist Andreessen Horowitz (a16z Crypto) with Grayscale’s parent company Digital Currency Group, Huobi Ventures, Fenbushi Capital, HashKey, Tayssir Capital, and over two dozen
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Nym now allows bitcoin transactions and has an incentive program for people running its nodes. It is also enabling plugins that will allow users to plug in wallets and applications to run their traffic through its mixnet. What is a mixnet?Nym is a start-up software project working to obscure metadata tracking
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Swiss blockchain startup, Nym Technologies, has invited the general public to take part in the next phase of its mixnet platform’s user testing on April 8.The privacy infrastructure promises advanced protection against mass-surveillance, and comes at a time when governments globally are expanding their powers in the name of
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