Sienna Network News Today

DeFi has the potential to create a new breed of consumers, influencing the way they bank, lend, transact, and borrow money.

It was last year that we covered the $11.2M fundraise for Sienna Network, the ‘privacy decentralized’ startup. The network is built on the Secret Network, which allows asset holders to switch to privacy-oriented tokens. Privacy-based financial blockchain projects are crucial if “DeFi” is to work properly, otherwise normal financial transactions – which are normally private […]

The rise of privacy-oriented financial blockchain projects are going to be crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our “normal” financial lives, so we will expect it in the blockchain and crypto world, whatever some might claim. We saw murmurs of that starting […]

City AM columnist Monty Munford casts away his early doubts over Coinbase to discover a new-found love for the platform.

Brentford FC And Alt Coins - Are they related? For those of us with a high existential level of angst, terror and nausea, tomorrow will be one of those days when we wish we had never read Camus, Sartre, De Beauvoir, Nietszche or Heidegger. Because the famous Brentford FC will be playing at Wembley at 3pm on Saturday in a winner-takes-all match to ascend to the Premiership – the so-called £150 million game and this writer will be there with his son to try and enjoy it. Brentf...

Crypto dopamine levels plummet - time for the real world Yesterday I had a very, very long lunch in Soho. Great friends, outrageous food and the type of social necessity that was wrenched from us about 15 months ago. London felt normal, not bloated with desperate alfresco gatherings in the rain or cold, but just good old London. People going indoors to eat, having fun, talking a little bit too loudly, but being considerate to service staff, like benign bears coming out of hiber...

Signaling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform Last week we saw some major backing of the Secret Network blockchain, as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. What this is signaling is the rise of privacy-oriented financial blockchain projects, which are crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our ...

In the race toward Web 3 financial privacy, Secret Network attracts backing from key players In the real world — the world on which the global economy runs — we don’t expose every aspect of our financial activity in public. We want to be able to select which parties can access our financial data and under what circumstances — for example, our credit history or bank transactions. The problem with the blockchain world is that this financial privacy doesn’t really exist. This has led to ...