USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video games, e-commerce services and other blockchain applications to create customized wallets specifically for their users. It will be available initially on Ethereum, Avalanche and Polygon. Building crypto apps is still too hard. Plus, less than 0.5% of the 100 million developers worldwide are actively building crypto apps today. This needs to change. Our new…

Read More

Web Accessible And Self-Custodial Mutiny Wallet Launches Open Beta

Mutiny Wallet, the first self-custodial Lightning wallet that operates on the web, has officially launched its open beta. According to the release announcement, the wallet aims to solve the onboarding challenge for Bitcoin users worldwide by providing accessibility regardless of location or device. The announcement described the wallet’s mission of catering to the five billion global internet users with web browser access by offering complete control of funds and eliminating the need for identity verification. Additionally, the wallet is aimed at introducing unique features that have been restricted by stringent…

Read More

The New Phoenix Lightning Wallet Beta Reimagines The Self-Custodial Experience

Phoenix, a Lightning wallet developed by Acinq, has undergone significant improvements with the introduction of splicing technology, resulting in a more efficient and user-friendly experience. Unlike previous versions, which created multiple channels and incurred unpredictable fees, the new Phoenix manages a single dynamic channel, eliminating the need for scattered liquidity and splitting issues. With splicing, users can now resize channels, adding or removing funds without adding future risk. The previous 1% fee on inbound liquidity has been replaced by the mining fee for the underlying on-chain transaction. The announcement emphasized…

Read More