Blockchain
Privapp Network Expands Its Business in Web Technologies and Web 3.0
Zurich, Switzerland–(Newsfile Corp. – December 8, 2021) – Privapp Network is the new generation of privacy-based web technologies and the future of Web 3.0. But before introducing the Decentralized Web across industrial scale, it is very important to test Web 3.0 on lesser scales. For this, Privapp has taken the mantle to provide a leading run in the future of blockchain technology.
Figure 1: Privapp Network Expands Its Business in Web Technologies and Web 3.0
Privapp has been straightforward with its tools and use cases for the Internet community. As the project is a modern-day digital solution to the downsides of the internet, it has induced a new generation of privacy-based web technologies discussed as follows.
Priva Domains
The user can register a domain name of their choice, including a top-level domain across Priva’s domain service. Cover registration with Priva tokens, the project’s utility token. The network objectifies the protection of all the hosting information of domains until they are not accessible through an external IP address or another traditional hosting name.
Priva Hosting
Host servers across global hosting providers according to the user’s current location. Privapp provides its services as a network bridge influencing connection between hosted services and the people accessing it, making it operate as an extra security layer. Privapp Network encourages users to provide hosting to other users, for which the user is returned with a Priva token as a reward. Furthermore, all online businesses hosted across Privapp Network will be provided with the opportunity to reduce the transaction fees if covered through PRIVA payments.
Priva Browser
Privapp Network is the future of privacy-based web technologies, extending to a browser containing all effective properties a modern state-of-the-art browser should contain. Observe a private and secure browsing experience for all kinds of hosting services without sharing any personal information. Gain convenience in accessing Privapp Network applications through the browser and utilize Priva Wallet within the browser to control online transactions better.
Priva Wallet
As the user keeps their PRIVA tokens across any exchange or application, Privapp provides its dedicated wallet. The transactions performed across the wallet are solely observed by the Privapp Network, which keeps them protected and private from the outside networks.
What More Privapp Network intends to Bring for the World?
Privapp Network operates under the basic principles of Chain Signatures; an effective technique applied to hide addresses and amounts across the ecosystem. While operating under this technique, Privapp functions with the principle belief of offering privacy across all levels. Extending this belief across its tools, Privapp wishes to increase its influence by developing more innovations. Priva Marketplace is the upcoming innovation that would influence the selling and purchasing of physical or digital items while keeping anonymity up to the mark. Priva Share will be another influenced application introduced with the ecosystem, which would allow Privapp users to host channels and forums of discussion anonymously.
With so much to bring in the web technology sector, Privapp Network believes in becoming the leading innovator in Web 3.0 technology and providing users with a diverse set of options to work through across a single platform. There are quite a lot of things that are being practiced across the digital ecosystem by Privapp Network; however, the network has been keeping involved with the present digital world. While working on the marketplace for a near launch, Privapp has made impressive partnerships within the digital ecosystem. Recently, the platform announced its partnership with both Smaugs and Promodio, which shows the futuristic and directed nature of Privapp Network into bringing the world closer with Web 3.0.
About the Company
Privapp Network is a Switzerland-based company intending to provide a secure system of services within a decentralized cryptocurrency ecosystem. With its dedicated system, the project intends to bring in multiple services in web technologies and integrate with the existing crypto ecosystem to connect and bring the community closer to decentralized systems.
Media Contact:
Privapp Network
E-mail: [email protected]
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107076
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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