Exclusive: Inside a Swiss nuclear bunker’s secret Bitcoin vault
A state-the-art nuclear bunker in the Swiss Alps is being used to safeguard Bitcoin. Go to Source
MPC
Auto Added by WPeMatico
European Central Bank is exploring blockchain and MPC technology
The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future. Go to Source
Fireblocks launches trading system to mitigate centralized exchange risk
The “Off Exchange” trading system was launched by Fireblocks, allowing institutions to trade without fully relinquishing custody. Go to Source
Bitget releases MPC wallet, includes 2/3 private key sharding
Cryptocurrency exchange Bitget has released a MPC wallet to improve asset security and user experience. Go to Source
USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users. Go to Source
MetaMask Institutional to integrate with Fireblocks MPC platform
Fireblocks will be added to the list of MetaMask Institutional custody technology providers, allowing its users to perform token swaps and stake ETH using the app’s dashboard. Go to Source Powered by WPeMatico
Securities token platform launches MPC wallet for institutions
The Web3 wallet allows institutions to control which employees are allowed to use the tokens held within it. Go to Source Powered by WPeMatico
US Banking Crisis: Nigerian Banks Not Directly Exposed to SVB Says Central Bank Governor
A recent review of Nigerian banks’ bond portfolios showed that the institutions were not directly exposed to Silicon Valley Bank, the governor of the country’s central bank has said. In addition, the governor said the Central Bank of Nigeria’s stringent guidelines help to create a “very safe” banking system. Priority Given to Depositors According to … Read more
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority of the Monetary Policy Committee (MPC) members voted in favor of the 75bps increase. … Read more
Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low
Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate by 150 basis points, the central bank hopes to “narrow the negative real interest rate gap and rein in inflation.” The rate increase came just … Read more
