Incognito Blockchain Launches DeFi Privacy for Kyber

Privacy blockchain Incognito has released Kyber Privacy (pKyber), a privacy feature for decentralized finance within the Kyber Network for users from both parties to trade anonymously. First announced on April 24, Incognito’s open-source technology enables anonymity for smart contract-based protocols, making it possible for any Ethereum-based decentralized app to integrate pKyber. Making DeFi private The company claims that the DeFi environment is increasingly facing privacy concerns from seasoned crypto users and traditional investors looking to explore “a new economy.” Within the integration, Incognito will offer users the option to hide…

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The Incognito Project Will Give Ethereum DeFi Monero-Like Privacy

Incognito is a new privacy and interoperability project that seeks to anonymize the tokens of every other blockchain. As part of that goal, it is launching private versions of leading Ethereum (ETH) decentralized finance platforms. Announced on April 24, the pKyber initiative is the first part of Incognito’s initiative to make DeFi private. First theorized in October, pKyber began full-scale testing on April 24. The team plans to release this to the Incognito mainnet on May 7. How does it work? Incognito is a standalone blockchain that focuses on private…

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