Search results for "MPC"

Analysis: The DeCC sector has raised over 1 billion USD in total financing, addressing the key encryption needs faced by data during use in blockchain systems.

A research report released by Messari indicates that the Decentralization Confidential Computing (DeCC) field is experiencing explosive rise, with over $1 billion in investments, demonstrating the industry's growing interest in this technology. DeCC technology protects data privacy by combining various encryption tools to address vulnerabilities in data usage within traditional and Blockchain systems, achieving encrypted computation. With the influx of funding, DeCC is expected to become the standard layer for decentralized technologies, supporting more secure and decentralized applications.
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Analysis: The DeCC sector has raised over $1 billion in total funding, addressing the critical encryption needs faced by data in use within Blockchain systems.

A research report published by Messari indicates that the Decentralized Confidential Computing (DeCC) sector is experiencing explosive growth, securing over $1 billion in investment, reflecting the industry's increasing interest in this technology. DeCC technology protects data privacy by combining various encryption tools to address vulnerabilities in data usage within traditional and Blockchain systems, achieving encrypted computation. With the influx of funding, DeCC is expected to become the standard layer for decentralized technology, supporting more secure, decentralized applications.
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Analysis: The DeCC sector has raised over $1 billion in total financing, addressing key encryption needs faced by data in use within blockchain systems.

Odaily News Messari released a research report, which pointed out that the Decentralization confidential computing (DeCC) field is experiencing explosive rise, with projects in this field having accumulated over $1 billion in venture capital. This influx of capital reflects the industry's growing interest in DeCC technology, and teams are focusing on practical application integration and developer-oriented infrastructure construction. DeCC achieves private computation and state by introducing the ability to protect data privacy while maintaining the inherent transparency of public blockchains, without sacrificing decentralization features. This technology combines cryptographic tools such as Zero-Knowledge Proofs (ZKPs), Multi-Party Computation (MPC), Garbled Circuits (GC), Fully Homomorphic Encryption (FHE), and Trusted Execution Environments (TEEs) with authentication to address critical vulnerabilities that data faces when used in traditional and blockchain systems.
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ChainUp Custody has integrated TON to provide asset custody services for users

Digital asset custody solution provider ChainUp Custody announced the full integration of digital asset custody services based on the Public Blockchain project TON, including native tokens and various digital assets based on TON. The solution provider offers digital asset custody based on MPC and has obtained multiple certifications such as ISO 27001 and SOC2.
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MPC Network Ika announced its Token economic model, and 600 million IKA will be airdropped upon Mainnet launch.

PANews reported on May 9 that according to the Ika announcement, the economic mechanism of the core token IKA for the parallel multiparty computation (MPC) network, which will be launched on the Sui Blockchain, has been officially released. The initial total supply of IKA is 10 billion coins, of which more than 50% will be allocated to the community. The first round of Airdrop will distribute 600 million tokens upon the Mainnet launch. IKA will be used to pay network fees, node staking, security assurance, and decentralized governance, and will implement a dynamic market pricing mechanism based on the computation costs of different encryption operations. The complete allocation plan will be announced before the Mainnet launch.
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The multi-party computing platform Stoffel MPC has completed a $1.6 million Pre-seed round of financing.

PANews March 21 news, according to official news, the privacy-focused multi-party computing platform Stoffel MPC has completed a $1.6 million Pre-seed round of financing, led by Eterna Capital and Robot Ventures, with participation from several angel investors. According to the introduction, Stoffel is a platform designed to help developers build privacy-centric applications using multi-party computation (MPC) technology.
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Nuffle Labs releases its technology roadmap and will launch the NFFL mainnet in early Q3.

Nuffle Labs has released its technical roadmap, which will focus on providing modular infrastructure for other projects, with plans to complete in the last two quarters of 2024. This includes launching the NEAR Mainnet for rapid finality, developing the NFFL application for Cross-Chain Interoperability, specifying hardware requirements for NEAR validators, and introducing new protocols such as Chain Signatures. Previously, Nuffle Labs completed a strategic financing of $13 million, building the data availability layer for NEAR, the NEAR rapid finality layer, and other products in the NEAR modular product suite.
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Institution: Does not rule out the possibility of a significant interest rate cut of 50 basis points by the Bank of England.

The Chief Investment Officer of Canada Life Asset Management expects the Bank of England meeting to discuss a 50 basis point rate cut, reflecting global trade disruptions and economic slowdown. The Bank of England is expected to adopt a 25 basis point rate cut resolution, lowering the interest rate to 4.25%.
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Goldman Sachs: Bank of England expected to keep the Interest Rate unchanged with a vote of 8 to 1

On December 19th, Jinshi data reported that Goldman Sachs stated that since the Monetary Policy Committee (MPC) meeting of the Central Bank of the UK in November last year, the inflation data for the service industry has been slightly stronger than the MPC's prediction, while the latest wage rise data is significantly stronger than expected. However, the economic rise is lower than the MPC's expectations, and survey data shows a significant deterioration in recruitment willingness. Given the mixed performance of the data, we continue to expect that the Monetary Policy Committee of the Central Bank of the UK will maintain the Interest Rate at 4.75% with a vote of 8 to 1 at Thursday's meeting, and reiterate that the bank believes that taking gradual policy easing measures based on evolving evidence is appropriate.
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Parallel MPC network Ika launched on SUI

Ika is a solution based on parallel MPC network, which does not require traditional bridge and can cross multiple chains such as BTC, Ethereum and Solana, providing support for Smart Contract development, achieving institutional-level scalability and security, aiming to be applied in ProgrammabilityBTC, DeFi interoperability, Decentralization custody, chain abstraction and secure AI fence, etc.
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Societe Generale: Expects the Bank of England to maintain the Interest Rate unchanged with a voting ratio of 7:2

The Bank of England is unlikely to cut interest rates again at its September meeting, with a voting ratio of 7:2. It is expected to further reduce £100 billion in government bonds. The next rate cut will occur in November, with a quarterly reduction of 25 basis points to 2.5%.
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Berenberg: Cannot rule out unexpected rate cut by the Central Bank of England

Analysis by Berenberg suggests that the market's confidence in the UK Central Bank maintaining a 5% interest rate may be somewhat excessive. While a rate cut is not the base case forecast, the bank expects three MPC members to vote in favor of a rate cut. Additionally, the UK Central Bank may take a more cautious approach to maintain overall portfolio stability. However, there may be risks in accelerating the pace of quantitative tightening.
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Solv, Ceffu and Babylon reached a partnership to advance the innovation of BTCstake

Golden Finance reported that the full-chain revenue and Liquidityprotocol Solv Protocol announced a strategic cooperation with the institutional encryption asset hosting service provider Ceffu and BTCstakeprotocol Babylon. In this cooperation, Solv and Ceffu jointly built a solution to integrate Babylonprotocol into the Ceffu MPC hosted Wallet, enabling users to achieve trusted stake of Babylon through Solv on BNBChain using BTCB.
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PANews reported on May 30th that according to official sources, the decentralized computing protocol Arpa Network announced the completion of a $6 million strategic financing. Lead investors include Laser Digital under Nomura Securities and DeFiance Capital, with participation from Animoca Ventures, Metrics Ventures, ArkStream Capital, and Trinito. The new funds will be used to support the expansion of fully on-chain games, the Autonomous World (AW), and encrypted AI products. Reportedly, Arpa Network (ARPA) is a decentralized secure computation network aimed at improving the fairness, security, and privacy of blockchain. ARPA's threshold BLS signature network is an infrastructure for verifiable random number generation (RNG), secure wallets, cross-chain bridges, and decentralized custody across multiple blockchains. Formerly known as ARPA Chain, ARPA originated as a privacy-preserving multi-party computation (MPC) network established in 2018.

Bank of England member Green: It would be better to start cutting interest rates later

(1) According to a report by the Financial Times (FT) on Thursday, Megan Greene, a member of the Monetary Policy Committee (MPC) of the Bank of England, said that the market currently expects the Bank of England to cut interest rates earlier than the Fed this year, and the rate cut will be greater than that of the Fed, and she believes that it would be better for the UK to start easing policy later. (2) Green wrote in an opinion piece published in the newspaper: "After US CPI inflation was unexpectedly strong in March, the market is now expecting the Bank of England to cut interest rates earlier this year than the Fed, and by a larger margin." ” (3) In an article titled "Markets Must Stop Comparing the UK and the US", Green writes that persistent inflation poses a greater threat to the UK than to the US. (4) She said: "In my opinion, the UK should be some time away from cutting interest rates. ” (5) Money markets are pricing in a 56 basis point rate cut by the Bank of England this year, with a 52% chance of a first rate cut in June, according to the London Stock Exchange Group (LSEG). This exceeded investors' expectations for a 44 basis point rate cut in the US, with the Fed's first rate cut expected in September. (6) Green said that the difference in labor supply between the two countries is also very obvious, and the inflation rate of the service sector in the United Kingdom is still much higher than that of the United States. "The overall participation rate in the UK labour market has not yet returned to pre-pandemic trends. In the U.S., participation rates are surpassing pre-pandemic trends. ” (7) The increase in inflation expectations has translated into higher wage growth, which by some measures is currently between 6-7% in the UK and 4-5.5% in the US. Green added, to see
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Opacity becomes MainnetAVS on EigenLayer

Odaily Planet Daily News EigenLayer announced on X that Opacity is now a Mainnet AVS on EigenLayer. It uses a secure MPC network to allow users to generate their data proof on existing Web2 platforms, promoting the realization of user data sovereignty.
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