ChainCatcher news, Mind Network announced that it will be invited to participate in the Chainlink annual flagship conference SmartCon 2024, held at the Kerry Hotel in Hong Kong from October 30 to 31.Leon, the Head of Asia Pacific for Mind Network, will deliver a keynote speech on October 30 at 13:50, discussing how Fully Homomorphic Encryption (FHE) technology enhances data privacy and security, as well as its applications in cross-chain interoperability, AI, and FHE in traditional finance and DeFi.On the afternoon of October 29, Mind Network, in collaboration with Animoca Brands, Hashkey, Avalanche, Google Cloud, the Hong Kong Blockchain Association, and Super Alignment Network, will host the only FHE-themed side event during the conference, Chainlink On My Mind: Build with FHE, at The Executive Center in Central, further exploring the applications of FHE and cutting-edge topics in Web3.Previously, Mind Network launched the first FHE cross-chain infrastructure, FHE Bridge, based on Chainlink's cross-chain interoperability protocol CCIP. By enhancing cross-chain activities through FHE, it reduces security risks and unlocks the value flow of tokenized assets for Web3 investors and financial institutions.

ChainCatcher news reports that, according to official sources, the fully homomorphic encryption network Mind Network has announced the completion of a $10 million Pre-A funding round, with major investors including Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, and IBC Group. This funding round also attracted participation from well-known angel investors, including Ether.fi CEO Mike Silagadze, as well as prominent figures in the crypto space such as Mario Nawfal, Mr. Block, and Kyle Chassé. Following this funding, Mind Network plans to expand its business by integrating more staking protocols and continue to release supporting infrastructure. Users holding staked assets from partner agreements can redeem vFHE on Mind Network and participate in FHE voting.It is reported that Mind Network is a fully homomorphic encryption (FHE) layer for AI and POS networks. This layer accepts re-staked tokens from ETH, BTC, and AI blue-chip tokens and operates as an FHE verification network, providing consensus, data, and cryptoeconomic security for decentralized AI, DePIN, EigenLayer, Symbiotic, and Babylon AVS among other POS networks. Mind Network has previously received support from Binance Labs, Hashkey, Big Brain, and Chainlink, and has been funded by the Ethereum Foundation for its FHE research on Ethereum.

ChainCatcher news, Mind Network announced a strategic partnership with Chainlink Labs to launch the first institutional-grade FHE (Fully Homomorphic Encryption) cross-chain product based on the Cross-Chain Interoperability Protocol (CCIP), aimed at enhancing asset security and data privacy in cross-chain communication.The FHE Bridge has previously launched on testnets of Ethereum, Arbitrum, and Polygon, processing over 3.2 million transactions for more than 650,000 active users. Mind Network's FHE Bridge combines the FHE Invisible Address Protocol (MindSAP) and FHE verification to provide a comprehensive cross-chain solution via CCIP, capable of supporting quantum resistance and offering new cross-chain security standards for financial institutions and enterprises.This collaboration will also establish a strategic alliance to jointly enhance asset and data privacy security in Web3 and AI, promoting the technological application of FHE.Mind Network is the first FHE Restaking layer designed for AI and PoS networks, focusing on securing on-chain data, while Chainlink is a decentralized oracle network that has launched the interoperability protocol CCIP.

ChainCatcher news, fully homomorphic encryption chip provider Niobium announced the completion of a $5.5 million seed round financing, led by Fusion Fund, with participation from Morgan Creek Capital, Rev1 Ventures, Ohio Innovation Fund, and Hale Capital.It is reported that Niobium is building fully homomorphic encryption (FHE) accelerator chips and commercializing them. The new funds will be used to explore the commercial applications of FHE in industries such as healthcare, finance, and blockchain, and they also plan to showcase the solution and launch pilot projects in the fourth quarter of this year.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on social media, "Due to the recent interest in Fully Homomorphic Encryption (FHE) by many people, I am reposting my article published in 2020, which delves into the underlying mathematical workings."

ChainCatcher news, according to official sources, the fully homomorphic encryption privacy protection technology developer Fair Math has announced the completion of a $1.4 million Pre-seed funding round, led by gumi Cryptos Capital, Inception Capital, and Polymorphic Capital.According to reports, Fair Math focuses on developing privacy protection technology based on fully homomorphic encryption, with the core goal of significantly simplifying the development of fully homomorphic encryption (FHE) applications by establishing a developer community and tools, thereby promoting the adoption of fully homomorphic encryption (FHE). Fair Math has collaborated with the OpenFHE team to develop the fully automated FHE challenge platform FHERMA, which uses FHE challenges and a competition-based approach as the core mechanism for addressing challenging problems in practice, and establishes and organizes an FHE component library for application developers.

ChainCatcher message, the confidential blockchain Fhenix powered by Fully Homomorphic Encryption (FHE) announces the release of the Fully Homomorphic Encryption (FHE) Rollups "FHE-Rollups" white paper. FHE-Rollups is a more scalable technology for executing arbitrary confidential smart contracts, designed using the Optimistic Rollup approach.

ChainCatcher News: The first fully homomorphic encryption (FHE) powered confidential blockchain, Fhenix, has announced a $7 million seed round financing led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, HackVC, TaneLabs, and Metaplanet, as well as individual investors including Tarun Chitra and Robert Leshner of Robot Ventures.It is reported that the funds will be used to bring the Fhenix network to the public testnet early next year and to support ecosystem application development.