Gibraltar-based DeFi privacy keeper Panther Protocol closes $8 million in private sale

Gibraltar-based DeFi privacy keeper Panther Protocol closes $8 million in private sale

Much like we reported about Sienna Network a few weeks back, Panther’s offer is to keep things on the down-low and avoid the not cool tactic of front running. As a reminder, due to the transparency present in public blockchains, normally a good thing, Decentralised Finance users can be watched, and ultimately have competitors reverse engineer their strategies and competitive advantages. Once done, front-running a trade isn’t exactly rocket science.

Panther is also targeting one of the biggest hurdles to institutional investments in DeFi, namely compliance.


More Crypto News -

Bitso Buys Gibraltar-Based Crypto Derivatives Platform Quedex

Latin America-focused exchange Bitso has bought Quedex, a crypto derivatives trading platform, based and regulated in Gibraltar.