ChainCatcher news, Bitget Wallet (formerly BitKeep) has launched an MPC (Multi-Party Computation) wallet. It is reported that this wallet adopts an enterprise-level MPC solution, strictly operating the MPC protocol with the highest security standards. Using a 2/3 private key sharding model, it generates a dedicated distributed key for each user without the presence of a complete private key, and performs distributed storage according to the industry's highest security standards. Users no longer need to manage complex mnemonic phrases/private keys; they can simply create a wallet using their email and complete cloud backup via Google Drive or iCloud, greatly simplifying the wallet creation and usage process, avoiding the single point of failure risk caused by the leakage of mnemonic phrases/private keys, and providing users with a safer and more convenient wallet service.

ChainCatcher message, the "NewDegen 2023 On-Chain Trading Challenge" initiated by Bitget Wallet (formerly BitKeep Wallet) has officially started, with a total prize pool of 100,000 USDT, and registration for participation is ongoing. This competition is the most significant event of Bitget Wallet in 2023, lasting for one month, and consists of two main competitions: individual and team events. New and existing users of Bitget Wallet can trade using Bitget Swap, and rankings will be based on various data such as individual return rates and team trading volumes, competing for a share of the 100,000 USDT rewards and limited edition honorary SBT medals.This competition is named "NewDegen," aiming to encourage and attract more users to pay attention to DeFi and the decentralized ecosystem, experiencing the charm of the on-chain world.

According to ChainCatcher news, the Web3 multi-chain wallet BitKeep has officially completed its brand upgrade and has been renamed Bitget Wallet. It has also upgraded its multi-chain aggregation trading service Bitget Swap to provide the best prices across the network, the most comprehensive trading pairs, a seamless cross-chain trading experience, as well as market price swaps, limit orders, and a full range of leveraged contract trading modes.The upgraded Bitget Wallet will focus on Swap trading as its core business, connecting various business lines within the wallet ecosystem. At the same time, it has fully updated its logo and visual style to align with Bitget's iconic arrow image, corresponding to its new vision of "faster trading, better assets," with a new mission to become the most user-friendly Web3 trading wallet, providing users with an excellent on-chain trading experience.Earlier reports indicated that the crypto derivatives trading platform Bitget invested an additional $30 million in BitKeep, becoming its majority shareholder. BitKeep officially stated that this renaming and upgrade reflects the deep integration between BitKeep and Bitget. Bitget Wallet will leverage Bitget's advantages and resources to establish a complementary matrix ecosystem, while also sharing a $300 million user protection fund with Bitget to provide additional security for user funds.