⚡ Ingonyama has announced the closure of its $20M seed investment round

Ingonyama, a next-generation semiconductor company, focusing on Zero Knowledge Proof hardware acceleration, raises $20M in the seed funding round. Round participants included Samsung Next, Geometry, StarkWare, Walden Catalyst, Blue Yard Capital, and Sentinel Labs.

The company’s first chip aims to revolutionize processing of zero-knowledge proofs and encryption by providing a hardware solution that enhances efficiency and security.

Cysic is launching an Incentivized Testnet for early access Verifier Nodes! They've built a fast ZK proving system with 20 circuits and languages, and now invite users to join and test their network.

#Cysic #ETH_ETFs_Trading_Today #zkProofs #Bitcoin_Coneference_2024 #BinanceTurns7

⚡ Sindri has announced the closure of its $5M seed round led by CoinFund

Sindri, a zero-knowledge infrastructure platform, secured $5M in a seed funding led by CoinFund, which follows a $2M pre-seed round in June 2022. Sindri enables developers to verify data with zero-knowledge proofs, and use them for research use cases and in blockchain applications.

#CoinFund #zkProofs #ZK #ZK-proof #fundraising

Manta RWA: Unveiling Real Returns in DeFi with ZK Magic

@Manta $MANTA is revolutionizing DeFi with its groundbreaking CeDeFi product, offering users a unique opportunity to earn real token-denominated returns.
But what exactly is CeDeFi, and how does Manta achieve this feat?

🔹 Unlocking Institutional Strategies for Everyone

Traditionally, high-yield investment strategies were reserved for VIP clients of exchanges. Manta Network breaks down these barriers by bringing these strategies on-chain through its CeDeFi platform. Users can deposit assets like wBTC/WBTC and wETH/STONE, gaining access to sophisticated rate arbitrage and other tactics previously out of reach.

🔹 The Power of Token-Denominated Returns in a Bull Market

Why are token-denominated returns so important?
In a bull market, as token prices rise, your returns are multiplied. This offers a significant advantage over fixed-rate USD returns. With Manta CeDeFi, your investment grows not just in value but also in token quantity, maximizing your gains.

🔹 Beyond CeDeFi: The Power of Manta's ZK Tech Stack

Manta Network's magic lies in its innovative modular architecture and ZK (zero-knowledge) proof technology. This allows for:

▫️Scalability: Manta Pacific, built on Ethereum, leverages ZK-SNARKs to achieve secure and scalable transactions, even with rising network usage.
▫️Privacy: Transactions are shielded, protecting your financial data while ensuring regulatory compliance.
▫️Flexibility: Manta's modular design enables future integrations and applications, pushing the boundaries of DeFi.

Manta's Vision: Building a Robust DeFi Ecosystem

Manta Network's commitment to excellence extends beyond technology.

$MANTA #MantaRWA #zkProofs #StartInvestingInCrypto #altcoins

Rarimo has launched RariMe, a digital identity wallet that uses zero-knowledge (ZK) proofs to preserve user anonymity.

RariMe scans users' passports to verify identity and generates ZK proofs to prove age, citizenship, or humanity without sharing the actual information.

#rarimo #rarime #zkProofs #BinanceTournament #Megadrop

Polygon MATIC has introduced a type 1 prover, enabling EVM-compatible chains to adopt zero-knowledge proofs, expected to be released later this year, enhancing compatibility with other EVM chains.

#polygon #matic #EVM #zkProofs