Press Release
Lumino, lightening up the world of secure multi-party computation
New digital era, new demand of security
With the advent of the era of big data, the leakage and abuse of personal privacy data are common, which not only disturbs the normal market order, but also seriously restricts the innovation and development of the digital economy. In recent years, many countries have carried out relevant legislation of digital economy and data governance, which makes the legal requirements of personal privacy data more rigorous, and the supervision system is becoming increasingly strict. The various online scenarios led by the Covid-19 not only bring convenience to our life, but also cause a lot of security demand of data protection
Therefore, the data producers, such as government agencies, operators, platforms, are constantly raising the legal standards of storage, transmission and transaction. It has brought a problem to the data owners: how can fully utilize the data resource endowment to create business profits and social value, meanwhile ensure that the data privacy is protected in accordance with supervision provisions? The real demand behind the problem is bound to give birth to new technologies. The combination of blockchain and secure multi-party computation provides a new solution for breaking the “data island”, ensuring data security and releasing data value.
Recently, as the leader in the global blockchain industry, PlatON has started a new journey in the construction of privacy computation infrastructure, launching the secure multi-party computation ceremony—— Lumino. Lumino aims to create system parameters in a decentralized way, which could help build a real community-based, open-source blockchain ecosystem and ensure the underlying security of the main network and the reliability of future digital applications.
The “chemical reaction” of blockchain and secure multi-party computation
To understand the essence of Lumino, we need to understand the blockchain and secure multi-party computation. Blockchain is a technical solution that does not rely on a third party and a network that stores, verifies, transmits and communicates through its own distributed nodes. The core problems it solves are network decentralization, data consistency and tamper-prevent. Secure multi-party computation is to solve the problem of privacy protection among a group of mutual distrusted participants. It should ensure the independence, correctness decentralization and do not disclose the data to other participants. Secure multi-party computation was firstly proposed by professor Yao Qizhi, who is a Chinese computer scientist and the winner of Turing prize. Since 2010, the development of executable general compiler makes its concept gradually well-known.
It can be seen that both blockchain and multi-party security computation are technologies dealing with data interaction between a group of participants according to specific rules. However, blockchain is mainly used to verify the correctness of the calculation, and the purpose is to achieve the consistent recognition of the results and prevent the results from being tampered with; the purpose of secure multi-party computation (MPC) is to get specific results in the case of data confidentiality, and emphasis on privacy protection in data share situation.
When secure multi-party computation encounters blockchain, the integration has become a technology trend that attracts much attention. Due to the different traits of blockchain and multi-party security computation, they are not exclusive and can complement each other. Blockchain can improve its ability of data confidentiality by using secure multi-party computation to adapt to complex environments; while secure multi-party computation can complete redundant computation with the help of blockchain to obtain verifiable and unique results.
The combination of MPC and blockchain is ultimately to meet the more complex and changeable real needs, especially for various environments of data exchange and sharing. For example, secure multi-party computation can realize key management in the blockchain wallet, and divide the management right of assets reasonably to reduce the risk of single key loss. It can also realize the cross-domain access of EHR data. Based on personal digital identity infrastructure, hospital A could apply for data access to hospital B by obtaining the patient’s authorization, which does not need directly return the patient’s medical record data. It would meet the dual goals of diagnosis needs and privacy protection.
New practice in privacy protection——PlatON & Lumino
Secure multi-party computation is essentially a solution for data security. It is consisted of cryptographic technologies such as obfuscation circuit, secret sharing, homomorphic encryption, etc. PlatON has already realized the layout in these fileds. The key to secure multi-party computation is to use zero knowledge proof to prove that there is no leakage, which is also the key to Lumino.
Most of the existing efficient zero-knowledge proof algorithms need to create system parameters in a centralized way, so the third party who creates the parameters may forge proofs to destroy the underlying security of the main network. Lumino aims to generate the system parameters of the zero-knowledge proof through secure multi-party computation. In this process, the parameters are generated by members altogether, so they will not be obtained or tampered by a single party. This also constitutes the cornerstone of the subsequent privacy protection application. Only when the activity held safely, the subsequent decentralized application will be more secure.
This ceremony is PlatON’s latest practice in the field of privacy protection, and Lumino’s goal is to link the world’s cryptographic geeks to build a global privacy computation infrastructure. In the future community-based and open-source blockchain ecosystem, every participant is an important node, and every participation will make the underlying network more secure. Therefore, this is not only an activity, but also a collective wisdom full of ritual sense. PlatON will also take this opportunity to realize the vision of building infrastructure in the digital era, and make every effort to be the best practitioner in the field of privacy security.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Stable Protocol: Redefining the New Financial Paradigm of Decentralized Privacy Stablecoins
The world’s first user-forged, ZK-SNARKs-based privacy stablecoin protocol officially goes live.
In 2026, the cryptocurrency market witnesses a milestone moment — the mainnet of Stable Protocol (ST) is officially online. Led by StableDAO and deployed on the Solana blockchain, this decentralized privacy stablecoin protocol is attempting to solve two long-standing challenges that have plagued the industry: how to achieve transaction privacy while maintaining stability.

Privacy and Stability: An Industry-Wide Dilemma
Before Stable, users were forced to choose between two imperfect solutions. Bitcoin and Ethereum, while decentralized, are fully transparent — anyone can trace fund flows on blockchain explorers. Privacy coins like Monero (XMR) and Zcash protect transaction privacy but suffer from extreme price volatility, making them unreliable as stores of value. Meanwhile, stablecoins like USDT and USDC maintain price stability but offer zero privacy protection — transaction parties, amounts, and timestamps are all publicly visible.
How large is this market gap? The answer is trillion-dollar scale.
According to DefiLlama data, the total stablecoin market cap has grown from approximately $198.76 billion a year ago to about $308.45 billion, representing a 55% annual increase. At the same time, demand for privacy protection is growing rapidly. In a recent $120 million USDT money laundering case, Tether urgently froze about $72 million, but approximately $48 million still successfully passed through privacy channels like Monero — highlighting the critical privacy shortcomings of traditional stablecoins.
Stable Protocol: Deconstructing the Stability + Privacy Dual Innovation
Stable Protocol achieves the fusion of stability and privacy through two key technologies: 1:1 USDC pegging mechanism + zero-knowledge proof (zk-SNARKs) privacy layer.
I. The Four-Token Circular Economy Model
Stable has built a complete four-tier token ecosystem, forming a closed-loop economic value cycle:
– USDC: External anchor asset, serving as the protocol’s value entry and exit
– ST: Privacy stable token, maintaining a 1:1 peg with USDC
– STA: First-tier derivative token, forged from ST over 1 day with 0.8% yield
– STB: Second-tier derivative token, forged from STA over 1 week with 8.0% yield
The forging path is: USDC → ST → STA → STB → USDC. A complete cycle takes 8 days, with a single-cycle yield of 8.864% and an annual simple interest of approximately 404%. All forging and burning are automatically executed by smart contracts — transparent, open, and immutable.

II. ZK-SNARKs-Based Privacy Protection
Stable employs zero-knowledge proof technology, one of the strongest privacy protection solutions in cryptography. When a user deposits USDC, the smart contract generates an encrypted deposit commitment. When withdrawing, the user constructs a zero-knowledge proof to demonstrate to the network that “I know the secret of a deposit commitment and have never used it before” — but never reveals which specific commitment it is. After verification, funds are sent to a completely new address unrelated to the deposit address.
The deposit and withdrawal links are completely severed, and transactions are untraceable. Moreover, the more people use ST, the more complex the transactions become, the larger the anonymity set grows, and the stronger the privacy becomes — this is Stable’s Privacy Flywheel Effect.
Security and Technology Assurance
Stable Protocol has built multiple layers of security defenses:
1. Fully Open Source: Code is publicly auditable on GitHub; any developer can review and verify
2. Formal Verification: Core code has undergone mathematical formal verification, logically proving that contract behavior meets expectations
3. Multiple Security Audits: Multi-round code audits completed by world-leading security firms
4. Renounced Ownership: Contract ownership permanently renounced — no one can modify rules or transfer assets
5. Bug Bounty
Program: Encouraging white-hat hackers to discover and report potential vulnerabilities
Decentralized Governance and Long-Term Roadmap
Stable is governed by StableDAO, an open-source decentralized autonomous organization maintained by a global technical community. **Everyone has voting rights in governance; everyone is a forger and issuer. Even if the DApp front-end becomes inaccessible, users can directly interact with contract addresses for forging and redemption — truly achieving censorship resistance.
In the next 12 months, Stable plans to expand to additional high-quality collateral assets (USDT, DAI, etc.) and deploy to Ethereum Layer 2 networks and other high-performance blockchains. In the long term, the ecosystem will incubate privacy payment, privacy lending, and other derivative protocols built on ST, constructing a comprehensive privacy finance ecosystem.
Official Website: www.stabledao.org
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Insider Buying Alert: Sagtec Global CEO Chen Ng Accumulates 1.5 Million Shares as Company Projects 35 Percent Revenue Surge for FY2026
United States, 22nd Jun 2026— Shares of Sagtec Global Limited (NASDAQ: SAGT) have caught massive market momentum, surging over 82% after Chairman and CEO Chen Ng signaled supreme confidence in the company’s trajectory by acquiring 1,500,000 shares. This aggressive insider buying coincides with the company’s highly optimistic new financial outlook, which projects 35% revenue growth for Fiscal Year 2026.

Key Financial Highlights
Massive Insider Buying: CEO Chen Ng purchased 1,500,000 shares, putting his own capital on the line to back the company’s strategic expansion.
Explosive Top-Line Growth: Management sees FY2026 revenue jumping to $25.78 million, a significant increase from $19 million the previous year.
Strong Bottom-Line Guidance: The company anticipates a solid net income of $2.19 million for the upcoming fiscal year.
Strategic Capital Raise: Sagtec Global successfully secured $1.56 million in a private stock sale led directly by the CEO.
“Smart Money” Signals a Bullish Turnaround
For retail and institutional investors alike, one of the most reliable indicators of a stock’s underlying value is when the executives running the business use their own money to buy shares. Chen Ng didn’t just accumulate stock on the open market; he actively led a $1.56 million private placement. This level of insider capital deployment is widely viewed on Wall Street as a definitive signal that leadership believes the stock is deeply undervalued relative to its upcoming growth cycle. While the broader tech sector continues to navigate macroeconomic headwinds, Sagtec’s leadership appears completely unfazed, backing their breakout narrative with tangible capital.
The primary catalyst driving this insider confidence is the newly released FY2026 outlook and strategic growth initiatives. Sagtec Global is officially projecting 35% revenue growth for FY2026. Breaking down the guidance, the firm expects top-line revenue to reach $25.78 million, up from $19 million in the prior year.
Furthermore, this rapid revenue expansion is expected to flow directly to the bottom line, with the company forecasting a net income of $2.19 million.
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About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
MEXC Lists Arcium (ARX) with 70,000 USDT in Airdrop+ Rewards
Victoria, Seychelles, June 22nd, 2026, Chainwire
MEXC, a pioneer in 0-fee digital asset trading, will list Arcium (ARX) in the Innovation Zone, opening trading for ARX/USDT and ARX/USDC pairs on June 22, 2026, at 12:00 and 12:20 (UTC). To celebrate the listing, MEXC has launched an Airdrop+ event, offering users the opportunity to share 70,000 USDT in rewards.
Arcium is building an encrypted computing infrastructure network that enables trustless, scalable computation over fully encrypted data, for applications across blockchain, AI, enterprise, and government sectors. ARX is the token that powers the Arcium network’s economic model, with a fixed supply of 1,000,000,000. ARX serves two core functions: staking, where operators collateralize ARX to provide compute resources, and governance, where ARX holders participate in network decision-making with incentives for long-term token locking.
The Arcium (ARX) Airdrop+ event runs from June 22 to July 6, 2026 (UTC). New users can share 48,000 USDT through deposit and trading activities, plus an additional 10,000 USDT futures bonus through futures trading. All users can share 5,000 USDT from spot trading and 7,000 USDT by inviting new users.
The listing of Arcium (ARX) reflects MEXC’s commitment to providing users with early access to emerging projects. According to CoinGecko data, MEXC ranks first among major global exchanges in the number of new spot token listings. Since January 2025, MEXC has listed more than 1,000 new spot tokens, averaging around 100 new tokens per month. Beyond digital assets, MEXC’s one-stop trading platform also extends to traditional asset classes, including gold, silver, and more than 7,000 U.S. stocks and ETFs, fostering a diversified, multi-asset ecosystem for users. With industry-leading liquidity and a 0-fee trading model, MEXC empowers users to capture infinite opportunities across global markets.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website| X | Telegram |How to Sign Up on MEXC
For media inquiries, please contact MEXC PR team: media@mexc.com
Risk Disclaimer:
This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
Contact
Lucia Hu
lucia.hu@mexc.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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