Hinkal

Hinkal now lets users withdraw funds directly from centralized exchanges into a private account on-chain, with no integration required. The protocol generates an EOA linked to the user's private account in the shielded pool, so moving money off a CEX no longer exposes their transaction history on-chain.

Hinkal has since introduced Deposit Addresses, which remove the need for the sender to interact with smart contracts when funding a private balance. This makes CEX withdrawals, PSP payouts, transfers from custodial wallets, and simple person-to-person payments into a private account straightforward, broadening how users can receive funds privately.

Hinkal's X account posted a "Deals of the Week" roundup covering Aug 30 – Sep 5 with 11 deals, framing the week as one where banks moved from lending against crypto to issuing on top of it. The headline item: 21 banks — including BofA, Citi, Goldman Sachs, UBS, Deutsche Bank and Santander — are forming a joint company to issue a token.

Hinkal's X account shared a roundup of 22 stablecoin stories from Aug 31–Sep 4, highlighting three it calls significant. The BIS argued tokenised deposits will beat stablecoins in payments, TD finished its work in a tokenised-deposit interoperability test, and 21 banks including BofA, Citi and Goldman Sachs were named for rollout in 2027. Tether's CEO pushed back within a day, and stablecoin yield was a running theme.

Hinkal was accepted into the XDCFoundation AI Agents & Blockchain Accelerator, run in partnership with Plug and Play Tech Center. The program connects emerging Web3 protocols with traditional-market enterprises. Hinkal says AI agents will need more than payments — they'll need infrastructure that can move value privately and compliantly, which fits its private-transaction layer.

Hinkal has opened a bug bounty program for independent security researchers through HackenProof, offering rewards of up to $10,000 for critical vulnerabilities. The scope covers Hinkal's core smart contracts and zero-knowledge circuits, spanning private balances, transfers, swaps, and payments.

Hinkal Swaps are live, enabling private swaps both same-chain and cross-chain. The feature removes the public sender, visible balance, and swap trace, so users can trade without exposing their size, position, or counterparty on-chain.

Hinkal Wallet now supports BNB Chain, extending all of its existing features to the network. Users get the same two-account setup — a public account for everyday use and a private account where balances and history stay off display — and can shield and unshield between them anytime on BNB Chain.

Hinkal's X account shared a roundup of 24 stablecoin stories published Aug 17–21, framing them as evidence that the industry's payment rails are being rebuilt in public. The post highlights Visa searching for a new settlement partner after BVNK moved to Mastercard, Rain reporting 100,000+ merchants already accepting stablecoins unknowingly, and X exploring stablecoin payouts.

Private bridging is live on Hinkal, powered by Lififi Protocol. The same private balance users send, swap, and pay from can now move across chains. The feature is available in Hinkal Pay and Hinkal Prime and lets users bridge privately across Ethereum, Polygon, Arbitrum, and other chains.

Hinkal is now available as a Go SDK, letting Go developers add Hinkal to a backend service with a single go get. Written in Go, the SDK needs no Node.js runtime or WebAssembly in the process and handles the privacy proofs, private balance records, and transaction logic itself.