Blockchain
NetSepio joins peaq to build a DePIN-powered VPN service
peaq, the layer-1 blockchain for DePIN and Machine RWAs, announces the expansion of its ecosystem as NetSepio joins to decentralize VPN services. NetSepio is building a network enabling anyone to add their bandwidth to its DePIN and provide secure and anonymized Internet access to people and businesses anywhere in the world. It will leverage peaq to build a live repository of the available hotspots and mint its token natively on peaq, the home of DePIN.
Online privacy is one of the top worries of today, spurred by the blossoming AI industry and its gargantuan appetite for data. Virtual private networks, or VPNs, are a crucial tool for anyone who’d like to keep their browsing private, working to obfuscate your location, identity, and IP address. However, centralized VPN services are not without their flaws, with some of them selling their users’ data, which effectively defeats their own purpose.
NetSepio changes the game by tapping the Web3 stack to decentralize the VPN and Wi-Fi services. Anyone can join its Erebrus network and earn rewards for sharing their bandwidth with people who want to privately browse the Web or access geo-fenced applications. Enterprises can sponsor VPN for their end users and expand their reach and user base. The network uses zero-knowledge proofs to ensure the users’ privacy by validating authenticity of nodes and peers. It also leverages community insights to proactively detect possible threats, granting the community an additional level of security. The VPN service runs on NFT subscriptions, which can be purchased with crypto in a pseudonymous way. In its beta phase, it has already onboarded 500 users and has grown to 10 nodes, with dozens more to join.
As part of its integration with peaq, NetSepio will make its network of VPN and Wi-Fi nodes discoverable via peaq, using peaq IDs as its identity standard. It will deploy the smart contracts running its business logic on peaq and add real-time status reporting for the nodes. Finally, it will deploy its dApp on peaq mainnet and mint its token on peaq.
“Our online footprint has never been hunted as vehemently as it is today,” says Shachindra Kumar, CEO and Founder of NetSepio. “NetSepio is here to grant everyone the last-mile connectivity and privacy they deserve, leveraging the DePIN model to give the community ownership over the very infrastructure that delivers it the VPN and Wi-Fi services. By leveraging peaq’s secure, scalable, and versatile network, Erebrus Protocol offers reliable, high-speed Internet access while ensuring data integrity and privacy, perfectly aligning with our mission to democratize Web access and security.”
“Privacy is a core Web3 value, and a decentralized VPN service is perfectly aligned with its ethos,” says Leonard Dorlöchter, co-founder of peaq. “With its Erebrus Protocol, NetSepio is giving the world a community-owned VPN and Wi-Fi service secured by trustless Web3 mechanisms and top-notch encryption. We are thrilled to see it join peaq, the home of DePIN, and look forward to its launch and growth.”
The post NetSepio joins peaq to build a DePIN-powered VPN service appeared first on HIPTHER Alerts.
Blockchain
Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships
Blockchain
This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.
Helping Journalists Stay Up to Date on Industry News
These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.
Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:
- Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
- Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
- Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
- Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.
The post This Week in Finance News: 11 Stories You Need to See appeared first on .
Blockchain
Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR
-
Blockchain Press Releases5 days ago
Notabene Raises $14.5M in Series B Funding Led by DRW VC to Drive the Future of Stablecoins and Payments
-
Blockchain Press Releases6 days ago
Moby, Engages GSR to Enhance Liquidity and OTC Trading for Moby Token
-
Blockchain6 days ago
The First Cold Wallet for Miners: EMCD & Tangem Launching Limited Edition Wallets
-
Blockchain Press Releases4 days ago
Bybit WSOT 2024 Shatters Records with $100 Billion in Trading Volume, Redefining Crypto Trading Competition
-
Blockchain Press Releases3 days ago
Vantage Markets Named Leading Broker in Investing.com’s Latest Rankings for 2024 during the US Election Period
-
Blockchain3 days ago
Money Transfer Apps Industry Worth $47.67 Billion by 2029 – Regional Markets Analysis and Profiles of Leading Players PayPal, Western Union Financial Services, Wise Payments, Remitly, WorldRemit, Revolut & More
-
Blockchain Press Releases3 days ago
Blockchain for Good Alliance Hosts Web3 Oscar, Celebrating Innovators Advancing UN’s Sustainable Development Goals
-
Blockchain Press Releases6 days ago
Bitget Lists peaq (PEAQ) on Launchpool with 12,125,000 Tokens in Rewards