PANews reported on November 12th that Seismic, a crypto privacy infrastructure startup, announced the completion of a $10 million funding round led by a16z crypto, with participation from Polychain, Amber Group, TrueBridge, dao5, and LayerZero. The company's total funding has reached $17 million. Founded by CEO Lyron Co Ting Keh, Seismic aims to help fintech companies protect sensitive user information, such as salaries and rent, from being leaked on public blockchains when using encryption technologies. Seismic has already partnered with stablecoin account platform Brookwell and private lending service provider Cred to provide them with private blockchain payment tracks, preventing transaction data from being exposed on public blockchains. The company plans to use the new funding to expand its services, including fiat currency deposit and withdrawal gateways and a crypto card project, and expects to generate revenue in the first quarter of 2026, charging 1 cent per transaction. Its competitor is Tempo (valued at $5 billion).PANews reported on November 12th that Seismic, a crypto privacy infrastructure startup, announced the completion of a $10 million funding round led by a16z crypto, with participation from Polychain, Amber Group, TrueBridge, dao5, and LayerZero. The company's total funding has reached $17 million. Founded by CEO Lyron Co Ting Keh, Seismic aims to help fintech companies protect sensitive user information, such as salaries and rent, from being leaked on public blockchains when using encryption technologies. Seismic has already partnered with stablecoin account platform Brookwell and private lending service provider Cred to provide them with private blockchain payment tracks, preventing transaction data from being exposed on public blockchains. The company plans to use the new funding to expand its services, including fiat currency deposit and withdrawal gateways and a crypto card project, and expects to generate revenue in the first quarter of 2026, charging 1 cent per transaction. Its competitor is Tempo (valued at $5 billion).

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more