NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Interoperable DeFi Solution Panther Protocol Secures $8 Million

NewsBTC
NewsBTC
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The decentralized finance industry has noted substantial initial success, but there is still room for improvements. Panther Protocol acknowledges the growing demand for privacy-oriented solutions in this space. By securing $8 million in private funding, the team can bring interoperable privacy to DeFi users worldwide.

Enhancing Zero-Knowledge Proofs With Panther Protocol

Anyone who has kept tabs on the cryptocurrency industry and its privacy-oriented discussions will have come across the term zero-knowledge proofs. It is a cryptographic way of introducing privacy at the protocol level, yet very few projects embrace it. Panther Protocol is taking zero-knowledge proofs to the next level by creating zero-knowledge disclosures. Opting for this method allows protocol users to benefit from privacy while remaining compliant without providing underlying information.

As an interoperable privacy protocol for the DeFi industry, Panther Protocol aims to cater to users and institutional players. Users are usually subject to surveillance and espionage due to the transparent nature of public blockchains. Demand for transactional privacy is substantial, as everyone can protect their competitive advantages by preventing the front running of trading strategies.

Making all of this functionality accessible occurs through the minting of private collateralized assets. Referred to as zAssets, they are a digital private synthetic representation of any other digital assets. Due to the interoperable nature of the protocol, one can turn Bitcoin, Ether, or even the US Dollar into a private synthetic asset and benefit from both privacy and compliance. All of the zAssets can be routed through the panther network for use across the entire DeFi industry.

Raising $8 Million In Private Rounds

In the current DeFi landscape, there are no viable ways to acquire privacy at a protocol level and gain interoperability. Although there is some minor competition in the space, Panther Protocol appears to be on a very different level altogether. The project has attracted a lot of attention from VCs and other participants, resulting in raising $8 million through multiple private rounds.

Panther Protocol CEO and co-founder Oliver Gale states:

“We believe zAssets will become an ever expanding asset class for users who want their transactions and strategies the way they should always have been: private. Stablecoins, utility tokens and NFTs will all become infused with privacy. Institutional DeFi and Web3 require privacy to scale and disrupt legacy systems. Our entire team is thrilled with the overwhelmingly positive response to our value proposition. These successful fundraising rounds allow us to expand a growing team of rockstars in cryptography, technology and product.”

Notable investors include Rarestone Capital, Moonwhale, Kosmos VC, Arcanum Capital, CSP DAO Network, MarketAcross, BaseTwo, etc. Over 140 participants wanted to invest in this protocol early to nurture its growth and potential. The Panther Protocol will conduct a public sale in Q3 2021, with more details to be announced via the team’s official social media channels. Advancing the DeFi industry will require a strong balance between privacy and compliance, and Panther Protocol provides that option.

 

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

How to Compete When Finance Never Sleeps

Crypto’s 24/7 model is resetting investor expectations. Here’s what banks and exchanges must do to keep up. When Markets Never...

NewsBTC 1 week ago

MEXC Blocks $4.97M in Fraud and Recovers $902K in User Funds, New Report Reveals

Global crypto exchange MEXC said its insurance fund hit an all-time high of $559 million USDT in July, as the...

Mark Hampton 2 weeks ago

Lava Network’s RPC engine sets the infrastructure stablecoins need to scale

Stabelcoins and tokenized assets are quickly becoming the next frontier for payments and financial innovation, promising near-instant settlements, lower fees,...

NewsBTC 2 weeks ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Sebastian Villafuerte 4 days ago

MEXC Introduces Futures Earn: Idle Balances Can Now Generate Up to 15% While Staying Trade-Ready

Mark Hampton 6 days ago
Crypto

Can Europe’s Crypto Apps Win Over Binance Users? A Growing Comparison

PR Desk 1 week ago

Premium Sponsors

Press Releases

  • Az altcoin szezon itt van. Ez a három tényező hajthatja a bikapiacot

    Az altcoin szezon itt van. Ez a három tényező hajthatja...

    4 hours ago
  • Sezon na altcoiny już tu jest. Te trzy czynniki mogą napędzać hossę

    Sezon na altcoiny już tu jest. Te trzy czynniki mogą...

    6 hours ago
  • Sezonul altcoin este aici. Acești trei factori sunt văzuți ca motoare ale raliului

    Sezonul altcoin este aici. Acești trei factori sunt...

    9 hours ago
  • ドージコイン 今後の価格予測:ウォールストリートが注目する「1ドル圏」への道

    ドージコイン...

    12 hours ago
  • Сезонът на алткойните е тук. Три фактора се очаква да задвижат ралито

    Сезонът на алткойните е тук. Три...

    12 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.