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BTC $63,957.13 -2.80%
ETH $1,867.01 -4.46%
BNB $597.82 -2.72%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $446.67 -5.57%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

autonomy

Cactus Custody launches institutional-grade self-custody MPC, empowering asset autonomy and compliance security

Cactus Custody announced that its self-custody MPC (Multi-Party Computation) solution is officially launched. As a custody brand under Matrixport, Cactus holds a Hong Kong Trust TCSP license and has served numerous industry-renowned clients such as RedotPay, Fosun Wealth Holdings, and TDTC.As the Web3 industry matures, institutional clients are increasingly inclined to gain autonomy in custody while demanding the robust security infrastructure provided by third-party custodians. Cactus Custody's MPC solution cleverly bridges this gap by combining cutting-edge Intel SGX TEE (Trusted Execution Environment) with an institution-centric risk management engine.The core security cornerstone of the platform is the advanced MPC-TSS (Threshold Signature Scheme). Through this technology, private key shards are independently generated by multiple parties and jointly managed by devices controlled by Cactus and the clients. This architecture effectively eliminates the risk of "single points of failure," ensuring that no party can unilaterally transfer funds, thereby providing clients with absolute asset sovereignty and peace of mind.Cactus Custody CEO Daniel Lee commented, "Our new MPC solution is designed for institutions that prefer to manage assets directly while requiring secure and compliant infrastructure. By providing a compliant, flexible, and secure platform, we empower clients to flexibly and fully autonomously scale their digital asset businesses."

Vitalik: Institutions and cypherpunks are not absolute enemies; a balance between cooperation and autonomy is needed

Ethereum co-founder Vitalik wrote that the relationship between "institutions" and "cypherpunks" is complex and needs to be understood correctly. Institutions (including governments and enterprises) are neither absolute friends nor absolute enemies; Vitalik emphasized the importance of maintaining an open attitude towards mutually beneficial cooperation while also actively safeguarding one's own interests. In this context, the core task of the Ethereum community is to build a financial, social, and identity layer to protect people's autonomy and freedom.The optimal strategy for institutions in the game is to strengthen control within a manageable scope while resisting external intrusions, which also makes them more concerned about data sovereignty and security issues than ordinary users. Vitalik predicts that institutions (including enterprises and governments) will increasingly reduce their reliance on external trust and have more guarantees over their operations.In the stablecoin sector, this means: issuers in the EU hope that the governance focus of their blockchain will not be overly centralized in the United States, and vice versa (the situation is similar in other countries/regions). Governments will promote more KYC processes, but at the same time, privacy tools will also be improved, as cypherpunks are working to enhance the performance of these tools. Institutions want to control their own wallets and even manage their own staking when staking ETH.
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