Gate News bot news, the privacy-focused Zama Confidential Blockchain Protocol has completed a $57 million Series B funding round, with a valuation exceeding $1 billion. This round of financing was led by Pantera Capital and Blockchange, just as Zama announced the launch of its testnet on July 1.

The Chief Investment Officer of Canada Life Asset Management expects the Bank of England meeting to discuss a 50 basis point rate cut, reflecting global trade disruptions and economic slowdown. The Bank of England is expected to adopt a 25 basis point rate cut resolution, lowering the interest rate to 4.25%.

On December 19th, Jinshi data reported that Goldman Sachs stated that since the Monetary Policy Committee (MPC) meeting of the Central Bank of the UK in November last year, the inflation data for the service industry has been slightly stronger than the MPC's prediction, while the latest wage rise data is significantly stronger than expected. However, the economic rise is lower than the MPC's expectations, and survey data shows a significant deterioration in recruitment willingness. Given the mixed performance of the data, we continue to expect that the Monetary Policy Committee of the Central Bank of the UK will maintain the Interest Rate at 4.75% with a vote of 8 to 1 at Thursday's meeting, and reiterate that the bank believes that taking gradual policy easing measures based on evolving evidence is appropriate.

Ika is a solution based on parallel MPC network, which does not require traditional bridge and can cross multiple chains such as BTC, Ethereum and Solana, providing support for Smart Contract development, achieving institutional-level scalability and security, aiming to be applied in ProgrammabilityBTC, DeFi interoperability, Decentralization custody, chain abstraction and secure AI fence, etc.

The Bank of England is unlikely to cut interest rates again at its September meeting, with a voting ratio of 7:2. It is expected to further reduce £100 billion in government bonds. The next rate cut will occur in November, with a quarterly reduction of 25 basis points to 2.5%.

Analysis by Berenberg suggests that the market's confidence in the UK Central Bank maintaining a 5% interest rate may be somewhat excessive. While a rate cut is not the base case forecast, the bank expects three MPC members to vote in favor of a rate cut. Additionally, the UK Central Bank may take a more cautious approach to maintain overall portfolio stability. However, there may be risks in accelerating the pace of quantitative tightening.

Golden Finance reported that the full-chain revenue and Liquidityprotocol Solv Protocol announced a strategic cooperation with the institutional encryption asset hosting service provider Ceffu and BTCstakeprotocol Babylon. In this cooperation, Solv and Ceffu jointly built a solution to integrate Babylonprotocol into the Ceffu MPC hosted Wallet, enabling users to achieve trusted stake of Babylon through Solv on BNBChain using BTCB.

(1) According to a report by the Financial Times (FT) on Thursday, Megan Greene, a member of the Monetary Policy Committee (MPC) of the Bank of England, said that the market currently expects the Bank of England to cut interest rates earlier than the Fed this year, and the rate cut will be greater than that of the Fed, and she believes that it would be better for the UK to start easing policy later. (2) Green wrote in an opinion piece published in the newspaper: "After US CPI inflation was unexpectedly strong in March, the market is now expecting the Bank of England to cut interest rates earlier this year than the Fed, and by a larger margin." ” (3) In an article titled "Markets Must Stop Comparing the UK and the US", Green writes that persistent inflation poses a greater threat to the UK than to the US. (4) She said: "In my opinion, the UK should be some time away from cutting interest rates. ” (5) Money markets are pricing in a 56 basis point rate cut by the Bank of England this year, with a 52% chance of a first rate cut in June, according to the London Stock Exchange Group (LSEG). This exceeded investors' expectations for a 44 basis point rate cut in the US, with the Fed's first rate cut expected in September. (6) Green said that the difference in labor supply between the two countries is also very obvious, and the inflation rate of the service sector in the United Kingdom is still much higher than that of the United States. "The overall participation rate in the UK labour market has not yet returned to pre-pandemic trends. In the U.S., participation rates are surpassing pre-pandemic trends. ” (7) The increase in inflation expectations has translated into higher wage growth, which by some measures is currently between 6-7% in the UK and 4-5.5% in the US. Green added, to see

According to market consensus, the Bank of England is likely to leave interest rates unchanged at 5.25% for the fifth time in a row at Thursday's meeting. Sanjay Rajah, chief UK economist at Deutsche Bank, said that given the weak growth and inflation and weak wage data, an 8-to-1 vote is now more likely (with Dingla voting for a rate cut). For now, the Bank of England is sticking to its forecast of a rate cut in May. But our confidence has fallen, especially as the MPC has given little signal on when rate cuts are likely to begin.

Cryptography is the underlying technology that gave rise to blockchain. The Merkle tree and consensus are the two key components of blockchain. The former has been utilized for creating immutable ledgers while the latter ensures agreement and falls under the domain of distributed computing.

Gate news, against the backdrop of the fluctuations in the crypto market, Memecoin trading remains one of the most active and favored crypto activities among Gen Z. How to provide users with a friendly and fast experience of "getting ahead" in the complex trading world has become a new opportunity for the project party to explore. Positioned as a "one-stop Memecoin trading platform for the TON ecosystem," Blum is following this trend, leveraging Telegram's enormous traffic entrance to create a fast track to the Memecoin world. With the native Token $BLUM about to launch its token generation event (TGE), Blum's business logic, tokenomics, and future potential are gradually coming to light.

PANews reported on May 9 that according to the Ika announcement, the economic mechanism of the core token IKA for the parallel multiparty computation (MPC) network, which will be launched on the Sui Blockchain, has been officially released. The initial total supply of IKA is 10 billion coins, of which more than 50% will be allocated to the community. The first round of Airdrop will distribute 600 million tokens upon the Mainnet launch. IKA will be used to pay network fees, node staking, security assurance, and decentralized governance, and will implement a dynamic market pricing mechanism based on the computation costs of different encryption operations. The complete allocation plan will be announced before the Mainnet launch.

PANews March 21 news, according to official news, the privacy-focused multi-party computing platform Stoffel MPC has completed a $1.6 million Pre-seed round of financing, led by Eterna Capital and Robot Ventures, with participation from several angel investors. According to the introduction, Stoffel is a platform designed to help developers build privacy-centric applications using multi-party computation (MPC) technology.

Nuffle Labs has released its technical roadmap, which will focus on providing modular infrastructure for other projects, with plans to complete in the last two quarters of 2024. This includes launching the NEAR Mainnet for rapid finality, developing the NFFL application for Cross-Chain Interoperability, specifying hardware requirements for NEAR validators, and introducing new protocols such as Chain Signatures. Previously, Nuffle Labs completed a strategic financing of $13 million, building the data availability layer for NEAR, the NEAR rapid finality layer, and other products in the NEAR modular product suite.

Gate News bot message, Deutsche Telekom MMS has become a Nillion privacy-enhancing technology network (PetNet) node operator, being one of the first corporate participants in the initial multi-party computation cluster of PetNet. It is reported that PetNet is a decentralized network built specifically for secure, private data storage and blind computation. It utilizes multi-party computation (MPC) technology, allowing encrypted data to be processed without exposing the underlying information, thus providing a unique privacy-first data processing approach.

A research report released by Messari indicates that the Decentralization Confidential Computing (DeCC) field is experiencing explosive rise, with over $1 billion in investments, demonstrating the industry's growing interest in this technology. DeCC technology protects data privacy by combining various encryption tools to address vulnerabilities in data usage within traditional and Blockchain systems, achieving encrypted computation. With the influx of funding, DeCC is expected to become the standard layer for decentralized technologies, supporting more secure and decentralized applications.

A research report published by Messari indicates that the Decentralized Confidential Computing (DeCC) sector is experiencing explosive growth, securing over $1 billion in investment, reflecting the industry's increasing interest in this technology. DeCC technology protects data privacy by combining various encryption tools to address vulnerabilities in data usage within traditional and Blockchain systems, achieving encrypted computation. With the influx of funding, DeCC is expected to become the standard layer for decentralized technology, supporting more secure, decentralized applications.

Odaily News Messari released a research report, which pointed out that the Decentralization confidential computing (DeCC) field is experiencing explosive rise, with projects in this field having accumulated over $1 billion in venture capital. This influx of capital reflects the industry's growing interest in DeCC technology, and teams are focusing on practical application integration and developer-oriented infrastructure construction. DeCC achieves private computation and state by introducing the ability to protect data privacy while maintaining the inherent transparency of public blockchains, without sacrificing decentralization features. This technology combines cryptographic tools such as Zero-Knowledge Proofs (ZKPs), Multi-Party Computation (MPC), Garbled Circuits (GC), Fully Homomorphic Encryption (FHE), and Trusted Execution Environments (TEEs) with authentication to address critical vulnerabilities that data faces when used in traditional and blockchain systems.

Digital asset custody solution provider ChainUp Custody announced the full integration of digital asset custody services based on the Public Blockchain project TON, including native tokens and various digital assets based on TON. The solution provider offers digital asset custody based on MPC and has obtained multiple certifications such as ISO 27001 and SOC2.

Investment advisory firm ICICI Securities Primary Dealership said the Central Bank of India has limited room to cut interest rates in 2024 due to the inflation outlook. The MPC is likely to change its stance at its April meeting and possibly cut interest rates in June. This could be the earliest time to cut interest rates. The Central Bank of India has kept Intrerest Rate unchanged since April this year, with concerns about inflation highlighted in the minutes of its December meeting, which could mean that the start of the Central Bank's rate cuts will be delayed. As a benchmark, the consulting firm believes that the Fed will start cutting interest rates in the second quarter of next year.

Arcium (formerly known as Elusiv) is a decentralized confidential computing network that ensures data integrity and confidentiality using a distributed architecture and multi-party computation. The recently completed $1 million Angel Round financing brings its total funding to $11 million, with investors including Jordi Alexander, Joe McCann, WereMeow, Fedor Holz, and RunnerXBT.

Odaily Planet Daily News EigenLayer announced on X that Opacity is now a Mainnet AVS on EigenLayer. It uses a secure MPC network to allow users to generate their data proof on existing Web2 platforms, promoting the realization of user data sovereignty.

The Bank of England hawkishly left interest rates unchanged at 5.25% on Thursday as the Monetary Policy Committee (MPC) tried to suppress market expectations that the bank would quickly follow the Federal Reserve and the European Central Bank in cutting interest rates, Unicredit said. The MPC said the commissioner's decision on whether to keep rates unchanged or raise rates was again "very balanced." Bank of England Governor Andrew Bailey said that there is "still some way to go" to get inflation back to target, that there are differences between the situation in the UK and the US, and that it is too early to speculate on a rate cut. In light of this, we still expect BoE rate cuts to start in Q3 2024, a quarter later than Fed and ECB cuts, reflecting higher UK wage growth and sticky services inflation. But with the UK economy likely to enter a recession in the coming quarters and inflation clearly set to fall to 2% next year, the risk of a BoE rate cut forecast tends to start earlier.

British government bond yields continued to rise as investors expected the Bank of England to hike interest rates more aggressively than previously expected due to persistent inflationary pressures. Analysts at RBC Capital Markets said in a note that recent economic data has shown signs that inflationary pressures are becoming more entrenched. In our view, the Bank of England's MPC will be forced to extend its rate hike cycle.

Central Bank Chief Economist Huw Pill said officials must "guard against false sense of security" as headline inflation falls sharply this spring and could fall below the 2% target; the remarks showed he was cautious when considering when to cut interest rates. Pill said he was "still some way off" from voting for a rate cut, and even when the time came, monetary policy would continue to be "restrictive" to bring down price pressures. Pill voted last month with Long members of the nine-member Monetary Policy Committee (MPC) of the U.K. Central Bank to keep the Intrerest Rate at its highest level since 2008, Central Bank acknowledging that a rate cut is now on the agenda. Investors expect the first 25 basis point rate cut to come as early as August, followed by another later in the year.

(1) A survey of economists shows that the UK Central Bank will start cutting interest rates in the third quarter, with slightly Long more than half of economists expecting the first rate cut to be in August. (2) This is later than the survey forecast in January, when a small group of economists believed that the rate cut cycle would begin in the next quarter, although the latest survey results were also very close. (3) Surveys since August have been predicting that the first rate cut in 2024 will be in Q3, with only last month's survey forecasting in Q2. (4) According to separate surveys, a rate cut in August would mean that UK Central Bank will lag behind the Fed and European Central Bank, which economist Central Bank s expect to start drop borrowing costs in the next quarter. (5) A series of stronger-than-expected UK economic data and comments from several members of the Monetary Policy Committee (MPC) who said more Long evidence was needed to show that price pressures are waning have prompted some economists to predict that UK Central Bank will cut interest rates in the third quarter. (6) In a survey of 66 economists conducted Feb. 15-20, the median forecast showed that the benchmark Intrerest Rate would remain at 5.25% until it fell to 4.75% in the third quarter and to 4.50% by the end of the year. (7) Slightly Long half of economists predict that the first rate cut will be in the third quarter, and about 42% of economists, or 28 out of 66, predict it will be in the second quarter. One economist predicts that in the fourth quarter, and another does not expect a rate cut this year. (8) When asked in which month the Central Bank would start cutting interest rates, 23 of the 45 respondents said it was August and 11 said it was six

Benjamin Nabarro, chief UK economist at Citi, noted that today's UK inflation data is expected to reaffirm the "perfect disinflation" narrative. We expect headline CPI to fall to 3.8% (3.7-3.8% range), core CPI to 4.9% (4.8-4.9% range) and services inflation to 6.0%. We continue to expect headline inflation in the UK to be below 2% from mid-Q2 onwards. The outlook for the UK economy this year is expected to be a three-way battle: perfect disinflation, a hard landing and persistent inflation. Recent data suggest that the latter is relatively unlikely, confirming the view that recent price increases are primarily a reflection of costs rather than inflationary shocks. But as wage growth and services inflation are likely to remain somewhat sticky, we think the MPC will remain cautious, which will increase the risk of a hard landing later this year.

According to reports, analysts said that after the release of the UK inflation data, an obvious upside surprise could be 1-3 MPC members voted for 50 basis points at this week's meeting. A hawkish surprise could be reflected here and now expect some hawkish opposition to a 25bp rate hike tomorrow.