Gevulot, a Layer 1 blockchain focused on zero-knowledge proofs, has completed a $6 million seed funding round.

Prepare to meet all Validators, Protocols, and Staking Visionaries at the Staking Summit during Istanbul’s Blockchain Month, strategically timed right between Binance Blockchain Week and Devconnect. The Staking Summit is back, and this year, it’s arriving bigger, bolder, and more influential than ever before. Serving as the focal point for the rapidly expanding $92.73 billion staking landscape, this event is poised to bridge the divide among contributors to proof-of-stake (PoS); uniting all validators, venture capitalists, investors, PoS protocols, data wizards, and pioneers of liquid staking under one single roof. Taking place on 10-11 Nov. 2023, right between Binance Blockchain Week and Devconnect in Istanbul, the Staking Summit isn’t just another conference; it’s a beacon for those serious about staking in the crypto world

Following a $3.5 million seed round in November, Elusiv has developed rapidly to make privacy in Web 3 practical.Recently, the protocol launched on Solana Mainnet, bringing “a suite of zero-knowledge encryption features to the Solana ecosystem that overcomes a central Web3 pain point: Ensuring privacy remains a human right without sacrificing security, safety, and decentralization.”Elusiv‘s utilization of zero-knowledge based systems for private transactions and decentralized compliance solutions “dissolves this dilemma, empowering privacy for both the user and network.”Functionally, it also “provides the foundation for regulators to protect privacy rights without fearing exploitation for illicit activities marking the end of privacy and compliance being mutually exclusive in Web3.”Anatoly Yakovenko, Co-founder of Solana says:“Elusiv’s application of zero-knowledge has the potential to open blockchain transactions and payment to a host of new users and use cases. Compliance that preserves privacy is key for any large-scale adoption by financial institutions, governments, and companies that often have similar privacy concerns to those of users. I’m looking forward to seeing what developers build on Elusiv.”Elusiv launches its initial feature set “allowing users to top up a private balance and send private transactions.”In addition, Elusiv is compatible “with Solana Pay and supports both SOL andSPL-tokens.”Basic compliance features “include proof of ownership and the ability to create viewing keys to give users control over what transaction information they share if desired.”The Elusiv protocol can be “accessed via a user-friendly WebApp and creates seamless accessibility to privacy for the Solana ecosystem.”Julian Deschler. Co-founder of Elusiv says:“We are thrilled to announce the launch of Elusiv on Solana mainnet. By encrypting transactions with advanced cryptography, our protocol provides unparalleled protection for user privacy while also maintaining the highest levels of security, safety and decentralization. The Elusiv SDK enables developers to create secure applications that empower users to enjoy complete freedom and control over their financial data.”In the following weeks, Elusiv will continuously “release new features