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Secret Network Raises $11.5M to Fuel Privacy-Focused DeFi and NFT Innovation
Privacy-centric blockchain Secret Network just secured $11.5 million in funding led by Arrington Capital and Blocktower Capital, signaling growing VC confidence in privacy-preserving Web3 solutions. As a crypto analyst who's tracked privacy tech since the early Zcash days, I break down why this matters: from SecretSwap's stealthy AMM to 'Secret NFTs' with hidden metadata (perfect for that rare CryptoPunk you don't want your boss spotting). With Ethereum assets worth $100M already bridged and gas usage up 3,000%, is this the dawn of mainstream adoption for private smart contracts?
Tech Insights
blockchain
defi
•
1 month ago
OpenSea's Rise and Fall: An Insider's Look at the NFT Giant's Struggles and SEC Battle
As a former DeFi architect, I dissect OpenSea's turbulent journey from NFT kingpin to regulatory target. Through interviews with 18 insiders, we uncover how a JPEG-trading platform became crypto's cautionary tale – from billion-dollar valuations to SEC subpoenas, mass layoffs, and the rise of competitors like Blur. WAGMI? Maybe not for everyone.
Policy Radar
cryptocurrency
nft
•
2 months ago