ARPA Network receives $6 million in strategic investment
Decentralized secure computing network ARPA Network has announced a strategic investment of $6 million to support product expansion in on-chain gaming, Autonomous Worlds (AW), and encrypted AI. The main investors include Nomura's Laser Digital and DeFiance Capital, as well as Animoca Ventures, Metrics Ventures, ArkStream Capital, and Trinito. ARPA Network has previously received support from Binance Labs, Arrington Capital, and DWF Labs.
Random number generator ARPA Randcast reaches strategic cooperation with blockchain game Cradles
According to official sources, ARPA Network announced that its on-chain verifiable random number generator ARPA Randcast has reached a strategic cooperation with AAA MMORPG blockchain game Cradles. This strategic cooperation combines ARPA's cryptography expertise and Randcast's development-friendly example software development kit (SDK) with Cradles' game mechanics to jointly create a new field of gaming experience. Earlier in February 2022, Cradles announced the completion of a $5 million private placement, led by Animoca Brands, with participation from Huobi Ventures, Mirana Ventures, Folius Ventures, Everse Capital, Meteorite Labs, Spark Digital Capital, Foresight Ventures, D1 Ventures, YOUBI Capital, Old Fasion, DUX, Unix Gaming, Infinity Force, Good Game Guild, PIF DAO, and others.
ARPA Network launches bug bounty program on Immunefi
On December 12th, ARPA Network launched a bug bounty program on Immunefi, with a maximum reward of $50,000. The aim is to improve the security of ARPA Network and its random number generator, Randcast.
ARPA Network’s random number generator Randcast launches on Base Network
ARPA Network's random number generator (RNG) Randcast has been launched on the L2 chain Base created by Coinbase. The team stated: "After recently integrating with Optimism, Randcast is expanding its coverage by adding new features. To ensure reliable randomness, Randcast uses multiple nodes in the ARPA network to generate randomness through BLS threshold signature tasks, which means that no single node has the ability to manipulate the final randomness result."