Bitcoin Dogs, a new cryptocurrency that raised over $13 million in its ICO, is set to list on major exchanges like Gate.io, MEXC, and Unisat on August 21st. Analysts predict short-term volatility post-listing but expect long-term growth due to strong fundamentals and market catalysts, including potential interest rate cuts by the Federal Reserve.Meanwhile, the Holonym Foundation has completed a $5.5 million seed funding round to develop Human Keys, a new approach to digital identity security. This initiative aims to empower users with self-sovereign control over their data through advanced cryptographic methods, enhancing privacy and security in the decentralized web.
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0 posts last weekHolonym Foundation Secures 5.5 Million Dollars for Digital Identity Innovation
Holonym Foundation has successfully raised $5.5 million in seed funding to enhance digital identity security for the decentralized web. The initiative introduces Human Keys, which utilize biometrics for secure key derivation, enabling users to own and control their data while ensuring privacy through protocols like Zeronym and Mishti Network. Co-founders emphasize the importance of self-sovereign identity in the evolving digital landscape, aiming for global digital inclusion amidst rapid technological advancements.
read moreHolonym Foundation Secures 5.5 Million Seed Funding for Digital Identity Solutions
Holonym Foundation has secured $5.5 million in seed funding to enhance digital identity security for the decentralized web. Led by Finality Capital and Paper Ventures, the initiative introduces Human Keys, which transform biometric data into secure digital keys, promoting self-sovereign identity and data ownership. The foundation aims to empower individuals globally with robust privacy and security through its innovative protocols, Mishti Network, Zeronym, and Silk.
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