ChainCatcher news, REVOX announced the data for the points airdrop event in collaboration with the Binance Web3 wallet. During the four-week event, the total number of participating MPC wallet (with KYC certification) users exceeded 653,000. The total number of participating addresses exceeded 13.9 million, with over 66 million on-chain interactions and a total associated asset value of over 360 million dollars. The number of Web3 GPT conversations exceeded 82 million.

ChainCatcher news, the globally leading TON ecosystem Web3 wallet Bitget Wallet has announced the launch of an MPC wallet solution that supports the TON mainnet, allowing users to create and own TON wallets as easily as using Web2 products.In October last year, Bitget Wallet launched the MPC wallet, utilizing enterprise-level MPC technology. Users can create and use it through email, Google, Apple ID, and other methods, without the need to remember complex and obscure information like seed phrases or private keys. Based on existing product experience and technological accumulation, Bitget Wallet continues to explore MPC wallet support for heterogeneous chains, innovatively proposing its own solution while balancing security and convenience. Currently, Bitget Wallet's MPC wallet supports TON and Solana, and it will cover all heterogeneous chains in the future.

ChainCatcher news, according to CoinDesk, the MPC wallet platform Fordefi has completed a $10 million financing round, led by Electric Capital with participation from institutions such as Paxos and Alchemy.It is reported that the company is expanding its self-custody MPC wallet product to retail-facing platforms, such as trading platforms and fintech platforms.Previously, in November 2022, Fordefi announced the completion of an $18 million seed round financing, led by Lightspeed Venture Partners, with participation from Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal Alumni Fund, Nima Capital, Digital Currency Group, Defiance Capital, and StarkWare.

ChainCatcher news, a one-stop digital asset service platform, Hong Kong listed company New Hope Technology Holdings Limited (stock code: 1611.HK, "New Hope Technology SINOHOPE") officially held its 2023 Annual Partner Conference at The Ritz-Carlton, Hong Kong.At the event, Du Jun, Executive Director and CEO of New Hope Technology SINOHOPE, announced that in 2024, New Hope Technology SINOHOPE will offer the basic version of the MPC wallet for free to small and medium-sized enterprises (SMEs). Du Jun stated that New Hope Technology SINOHOPE has always been committed to building a compliant, safe, and efficient infrastructure for the industry, so that SMEs can run faster by standing on the shoulders of New Hope Technology SINOHOPE."In 2023, the greatest investment of New Hope Technology SINOHOPE in product research and development has been in the MPC custody product, which leads in terms of security, quality, and experience. In 2024, we have decided to offer the basic version for free to eligible SMEs, allowing them to integrate with one click and combine flexibly. In the future, New Hope Technology SINOHOPE will continue to launch more foundational products to empower SMEs," Du Jun shared.

ChainCatcher news, at the "Hong Kong Web 3.0 Security Technology Summit and Web 3.0 Annual Awards Ceremony" held on December 21, the OKX Web3 Wallet won the Annual Ecological Innovation Award for its outstanding contributions in the fields of AA Wallet, MPC Wallet, and the Ordinals ecosystem. The event was co-hosted by Cyberport, Meta Era, Web3Labs, and others.It is understood that the OKX Web3 Wallet is a leading one-stop Web3 entry point, now supporting over 80 public chains, with a unified experience across App, plugin, and web, covering five major areas: wallet, DEX, DeFi, NFT marketplace, and DApp exploration, and supporting the Ordinals marketplace, MPC and AA smart contract wallets, gas exchange, and hardware wallet connections.

ChainCatcher news, according to official sources, Fordefi has completed a strategic integration with the L1 blockchain Conflux Network, and the Web3 investment firm DWF Labs will be the first client to leverage this partnership. It is reported that Fordefi is a comprehensive MPC wallet platform and an institutional-grade self-custody Web3 gateway for digital assets.

ChainCatcher news, the Web3 trading wallet Bitget Wallet (formerly BitKeep Wallet) has recently updated its MPC wallet features, adding Google and Apple ID as login options. According to previous reports, Bitget Wallet launched its enterprise-grade MPC wallet in October, utilizing a 2/3 private key sharding model to generate a dedicated distributed key for each user, and storing it in a distributed manner according to the highest security standards in the industry. Currently, this MPC wallet feature supports three login methods: email, Google, and Apple ID, and offers backup services through Google Drive or iCloud.

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 news, OKX Global Chief Business Officer Lennix tweeted regarding the incident of "input methods posing a risk of leaking Web3 user privacy data," stating that users face different risks when using electronic products and applications, which may lead to the loss of mnemonic phrases or private keys. Although there are ways to address these issues, once a mnemonic phrase/private key is generated, it inherently carries a single point of risk, and it can never be guaranteed to be 100% secure.In Lennix's view, the best way to address the single point of risk associated with mnemonic phrases/private keys is to control the risk from the source. He recommends that users choose OKX MPC keyless wallets, which are designed to avoid the risk of private key leakage. This is currently the industry's first 2/3 multi-chain keyless wallet and is a completely decentralized, non-custodial wallet. It not only avoids the possibility of user private key leakage but also achieves transparent and verifiable calculations and storage of user private key fragments through open-source algorithms.

ChainCatcher news, MEXC's venture capital fund MEXC Ventures announced a strategic investment in UXUY. It is reported that UXUY is a decentralized multi-chain trading platform based on MPC wallets. The recently released UXUY APP beta version has implemented features such as no mnemonic phrases, seamless cross-chain transactions, and exclusive GasPool credit limits, significantly lowering the usage threshold for DEX.According to the crypto data platform RootData, UXUY announced the completion of a $3.2 million seed round financing in April this year, with investors including Bixin Venture, WaterDrip Capital, KuCoin Ventures, Pionex, LK Venture, Arcane Group, Daoverse Capital, and Lapin Digital.

ChainCatcher news, the multi-chain decentralized derivatives trading platform ApeX Pro has now completed MPC wallet integration, allowing users to log in and trade directly through their social accounts. It is reported that under the technical service of Particle Wallet, ApeX Pro users do not need to download and register a separate wallet, as they can log in and start decentralized derivatives trading using their social accounts. Currently, ApeX Pro supports social accounts such as email, Google account, Apple ID, Facebook, Discord, and Twitter. Moreover, after the MPC wallet integration, ApeX Pro users can conduct 0 Gas fee transfers across multiple chains such as Arbitrum, Polygon, and BNB Chain.ApeX Pro provides a leveraged order book trading model for users without custodial funds. By storing and managing funds through on-chain smart contracts, ApeX Pro ensures the openness and transparency of user assets, and no one has the right to selfishly misappropriate user funds under any circumstances. Additionally, ApeX Pro achieves efficiency and liquidity comparable to centralized exchanges through zero-knowledge proof solutions. (Source link)

ChainCatcher Western Australia, according to official news, Coinbase stated that as of June 2023, it has created over 5 million consumer MPC wallets. Coinbase mentioned that it is building and delivering products for developers and users. A new SDK will be built for dapp developers to connect Coinbase wallets for native applications. Additionally, Coinbase has launched an open dapp marketplace that can be used without a Coinbase account. (Source link)

ChainCatcher message, regarding "the pros and cons of MPC-based (EOA) wallets versus smart contract wallets," Vitalik Buterin tweeted in response, "MPC-based EOA wallets have a fundamental flaw because they cannot revoke keys (re-sharing doesn't count; old holders can still recover the keys), smart contract wallets are the only option." (source link)