The Latest Tech News in Crypto and Blockchain

Oct. 18: Cobo, a digital-asset custody solutions provider, has launched Cobo MPC Lite, according to a message from the team: “The high costs and technical complexities associated with enterprise-grade MPC custody solutions have made them out of reach for many growing Web3 teams. To address this need, Cobo developed Cobo MPC Lite, paving the way for widespread adoption of enterprise-grade MPC custody.” MPC stands for “multi-party computation,” a cryptographic security measure that is used in a growing number of crypto wallets.

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Oct. 17: Bracket Labs, a finalist in Binance’s 2023 Summer Web3 Reality Show “Build The Block,” has launched the testnet for Passages, its Arbitrum-based volatility market product, according to a message from the team. “Built by a senior team with experience from D.E Shaw, Merrill Lynch, Barclays, Bloomberg, Consensys, DeerCreek and more, Passage is a new one-click range-bound trading platform with leveraged volatility options for any market condition.”

Oct. 17: Taurus SA, a FINMA-regulated custody and tokenization technology provider, and Elliptic, a global leader in cryptoasset risk management, announced a partnership “to provide banking-grade security and compliance to the market,” according to the team. “As part of this collaboration, Taurus will integrate Elliptic’s wallet screening tool into Taurus-PROTECT, the European leading digital asset custody solution for banks and corporates. Merging Elliptic’s crypto screening capabilities with its custody platform will allow Taurus to seamlessly manage AML and fraud risks in full compliance with all applicable regulations.”

Oct. 17: Spheron, a specialist in Web3 infrastructure and “platform-as-a-service” or “PaaS,” has “embarked on a phase 2 of its roadmap with the primary goal of addressing the UX, security and reliability issues in the existing Web3 Infra layer,” according to a press release. The startup disclosed that it raised $7 million in a funding round in August 2022 from investors including Alphawave Ventures, NexusVP, Zee Prime Capital, Protocol Labs, ConsenSys Mesh, Paradigm Shift Capital,Matrix Partners India and Tykhe Ventures. Angel investors including Sandeep Nailwal, Aniket Jindal Julian Traversa also joined in the round.

Oct. 16: ARPA Network’s random number generator (RNG), Randcast, has gone live on Optimism, a layer-2 blockchain atop Ethereum. “Their aim is to foster a more secure, dynamic, and immersive experience in the world of on-chain games and autonomous worlds,” according to a message from the team. “Random Number Generation (RNG) is vital to many digital and online spaces, including the gaming industry. There is currently no mature and secure random number solution available on Optimism, which is why ARPA made this move.” $OP $ETH

Oct. 16: Acme, the intent-based network simplifying on-chain transactions, is announcing its beta launch onstage today at GITEX in Dubai, according to a message from the team. “Acme seeks to break down barriers to digital ownership, enabling secure digital asset transactions with one tap. Acme’s intent-based network is backed by Safe, the pioneering account abstraction infrastructure provider, and Gelato, the Web3 service provider enabling gasless transactions.”

Oct. 16: Unstoppable Domains, a platform for user-owned digital identity with 3.9M domains, has announced a partnership and integration with the leading crypto-wallet security protocol, Webacy, backed by Gary Vaynerchuk, according to a message from the team. “This will enable users to assess the risk levels of wallets connected to their Web3 domains via a ‘safety score’ and inform them of potential financial risks based on a set of factors. It also gives users the power to trigger a Panic Button, enabling them to move assets in bulk to another wallet in case of a compromise.”

Oct. 16: The EOS Network Foundation (ENF) said EOS EVM v0.6.0 has gone live on the main network. “The highlight of this release is the trustless bridging of USDT from the EOS Native layer to the EOS EVM,” according to a message from the team. “The release also introduces mechanisms for cross-virtual machine communication, opening the door for novel use-cases.” $EOS

Oct. 16: Contango, a decentralized market that builds futures on top of money markets, has brought its flasgship product, cPerps, to Optimism, after a successful launch on Arbitrum recently, according to a message from the team.”CPerps are built by automating a looping strategy on money markets using flash loans. Looping, also known as recursive borrowing and lending, is the DeFi-native way of leveraging on-chain. Currently Contango has integrated with Aave, the leading lending market in DeFi, to tap into its $4.6B liquidity. The team, however, plans to expand both horizontally, to more chains, and vertically, to more money markets.” (The debut of cPerps was reported in Protocol Village on Oct. 4.) $OP $ARB

Oct. 16: Gnosis Chain, an EVM layer-1 blockchain, and Moralis, a leading Web3 data provider, “announced a collaboration to empower development of advanced Web3 solutions on Gnosis Chain. A response to substantial demand from the Moralis community, this partnership gives developers building on Gnosis Chain access to Moralis’ expansive suite of Web3 APIs, further solidifying the blockchain’s position as a developer-optimized, innovation-focused network.” Developers can access resources and tutorials at moralis.io/chains/gnosis/.