MPC

It was a close call for the Bank of England, with policymakers voting 5-4 to cut interest rates by 0.25% from 5.25% to 5.00% at their August meeting. In their monetary policy statement, Bank of England officials said that weak wage…

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As expected, the Bank of England (BOE) kept interest rates steady at 5.25% in its May decision. The official statement indicated that: Underlying inflationary pressures in the euro area have continued to moderate somewhat since the…

For anyone with substantial bitcoin holdings, a custody structure that includes a single point of failure should be seen as unacceptable. If a wallet has a single component that—when lost or stolen—can lead to a permanent loss of funds,…

The cryptocurrency exchange Bitget has enhanced the security of its platform wallets through an upgrade to Multi-Party Computation (MPC) technology. MPC aims to boost wallet protections using distributed computing, homomorphic encryption,…

The ZAR’s reaction to the SARB MPC decision and policy statement was relatively muted as the decision was in line with consensus, and guidance from the central bank was mostly like that issued in the previous meeting and address. On a…

Abnormally large outflows from the MPC Multichain Bridge platform on July 6 raised concerns that an exploit might occur. More than $102 million in cryptocurrency has been withdrawn from the Multichain Fantom Bridge on the Ethereum side, as…