Cyclone Protocol

Total Users

Rewards

Volume: $0
Contract Balance: $321,023
Category: - No data available.
Blockchain: Bnb-chain
Language: - No data available.

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News

Block Inc Projects Up to $500 Million in Restructuring Charges

Block Inc expects to incur between $450 million and $500 million in restructuring charges related to workforce reduction, primarily due to severance and other costs.

Diego Alvarez

19 minutes ago

Block Inc to Cut Over 4,000 Jobs in Major Restructuring

Block Inc has announced that it will cut more than 4,000 jobs as part of a broad restructuring plan.

Elias Mukuru

19 minutes ago

Market Analysts Cautious Despite XLM's Recent Bounce

Market analysts express caution despite XLM's recent price bounce due to derivatives positioning and technical indicators.

Arif Mukhtar

an hour ago

What is Cyclone Protocol?

Cyclone is a cross-chain, non-custodial, universal privacy-preserving protocol with the decentralized governance. Cyclone applies zkSNARKs to enable transactional privacy for all DeFi components by breaking the on-chain link between depositor and recipient addresses. It uses a smart contract that accepts coins/tokens deposits, which can be withdrawn by a different address. Whenever an asset is withdrawn from Cyclone, there is no way to link the withdrawal to the deposit for absolute privacy.