Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.
Joined March 2019
- Tweets 2,563
- Following 2,579
- Followers 270,953
- Likes 6,192
453 Photos and videos
Zama retweeted
Now live: custody staking for ethereum:0xa12cc123ba206d4031d1c7f6223d1c2ec249f4f3.
@zama enables issuing, trading, and managing digital assets confidentially on any public blockchain.
We're providing secure, institution-grade custody and staking for the ZAMA token.
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Zama retweeted
Jun 9
The institutional adoption story has never been stronger.
Zama onboarding institutional flows because institutions need privacy to bring trillions onchain.
Tokenization accelerating. Stablecoins at all-time highs. RWAs growing. Golden era of TAM expansion.
And yet, crypto sentiment is at lows. The investable opportunities aren't obvious. There's a whole reckoning in how tokens price relative to business fundamentals.
The macro story and the investor experience have never been more disconnected. It's just weird
Institutions will bring trillions onchain. The pie is about to get way bigger. But they'll need privacy to do it. That's non-negotiable.
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Watch the full recording of @JackNiewold's interview with @randhindi on youtube here: youtu.be/zHrmvYsQZHY?si=3fo_β¦
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We build
Spotted around the @Vault__Summit venue at the @NYSE this morning: a yellow truck ππ Confidential DeFi is coming.
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Zama retweeted
Welcome to Stablecoin Day. π¦
@bilalelalamy opens with @zamaβs thesis: FHE lets blockchains process encrypted data without ever decrypting it - compliant transactions, private balances, on-chain confidentiality.
Speakers from BPI, Natixis, CRYMBO, NGPES, and more up next.
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Zama retweeted
This week on @DecypherPodcast, we chat with @zama CEO and co-founder, @randhindi.
Zama is building open-source cryptography that enables computation on encrypted data.
In this conversation, we explore Fully Homomorphic Encryption (FHE), why it has long been considered one of the "holy grails" of cryptography, and how Zama is working to bring privacy-preserving computation to AI, blockchain networks, and the broader internet.
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We are rallying the entire ecosystem. Every touchpoint across the token lifecycle will require confidential token support. Integrations from key pillars of crypto infrastructure will catalyze utility, adoption, and growth of the ecosystem.
Jun 3
Have you explored the "FHE operations" tab on Blockscout yet? π‘οΈ
Letβs break down a live transaction to see how we maintain total on-chain transparency while keeping your sensitive data completely private. π
eth.blockscout.com/tx/0xd2d5β¦
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Let's fix this.
Jun 3
Every stablecoin transaction you make is permanently recorded on a public ledger.
The person who paid you last month can still see your balance today. So can anyone else who has ever had your wallet address.
That is not how personal finance should work.
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Going live with @Arcium and @arc on @OKX_Ventures
Space soon. Topic for today: confidentiality for institutions, retail, and AI. β
Jun 1
Privacy Unlocked: Crypto's Next Frontier for Institutions, Retail & AI
In this institution led cycle, privacy is emerging as one of the real catalysts for mass adoption of onchain finance. For retail, it's quickly becoming the default feature. Meanwhile, the AI & privacy wave hints at an entirely new class of use cases just ahead.
π― Why privacy is the driver of the next wave of onchain apps
ποΈ Compliant privacy & institutional use cases
π€ Where AI Γ privacy intersect
π§ The real bottlenecks of embedding privacy across different product layers
ποΈ Date: June 3, 9 PM HKT / 9 AM ET
ποΈ Featuring:
@sergey_nog (@arc)
@yrschrade (@Arcium)
@randhindi (@zama)
hosted by @_RayXiao
Set your reminder below! π twitter.com/i/spaces/1PKqrrPβ¦
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Zama retweeted
Jun 3
Confidential finance is taking shape on @zama, with OpenZeppelin under the hood.
Proud that 11 of 12 winning apps build on OpenZeppelin Contracts, with 8 using ERC-7984, the confidential token standard we co-authored with Zama.
Congrats to the winners of @Zama Developer Program Mainnet Season 2. π
234 submissions across 3 tracks. 15 winners. Confidential finance, prediction markets, consumer apps, AI agent tooling were built on the Zama Protocol.
Thanks to everyone who participated. Let's take a look at what the community has built π§΅
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"You can't be everything to everyone, especially when it comes to privacy. Zama is not trying to be Zcash."
Jun 2
Rand Hindi explains why Zama is not competing with Zcash or Bitcoin:
βWeβre building blockchain infrastructure for financial institutions with the same level of compliance and confidentiality they have offchain.β
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Zama retweeted
Jun 2
Rand Hindi (@randhindi) tells the story of what happened when @zama's confidential USDC contract was frozen by Circle with no warning.
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Zama retweeted
Jun 2
ZAMA'S PRIVACY USDC WAS UNFROZEN
A federal judge reversed Circle's $12.5M cUSDC blacklist on @Zama's privacy protocol after a three-day freeze, restoring access to depositors caught in a civil dispute.
Read more here:
thedefiant.io/news/defi/us-cβ¦
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Zama retweeted
Jun 2
π¨LIVE: MSTR In Trouble?! PURR Gamma Squeeze w Globalflows. Markets w/ Mando, Then RE & ZAMA Join x.com/i/broadcasts/1OGwbbWDWβ¦
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Zama retweeted
Jun 2
Nice! The freeze on Zama's cUSDC contract has been lifted and all systems are back to normal.
A U.S. court ordered Circle to freeze one of Zama's contracts holding USDC.
They got no warning, with the freeze being tied to a dispute between the people behind a different, unrelated project called Overnight Finance.
The same court has now lifted the freeze, having decided it shouldn't have happened in the first place.
Zama's cUSDC contract, and all the USDC in it, are back to normal.
Jun 1
Yikes! A court just froze $12.6M in USDC, and unrelated users in the same pool got locked out of their own funds.
The freeze hit a shared contract, so people who had nothing to do with the legal dispute lost access to their money just because of who they happened to share a pool with.
The bitter pill to swallow here:
A court in one jurisdiction can freeze onchain assets without ever targeting you personally.
You just have to be in the wrong pool at the wrong time.
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Zama retweeted
Jun 1
How can you not be bullish
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Zama retweeted
Jun 1
Privacy Unlocked: Crypto's Next Frontier for Institutions, Retail & AI
In this institution led cycle, privacy is emerging as one of the real catalysts for mass adoption of onchain finance. For retail, it's quickly becoming the default feature. Meanwhile, the AI & privacy wave hints at an entirely new class of use cases just ahead.
π― Why privacy is the driver of the next wave of onchain apps
ποΈ Compliant privacy & institutional use cases
π€ Where AI Γ privacy intersect
π§ The real bottlenecks of embedding privacy across different product layers
ποΈ Date: June 3, 9 PM HKT / 9 AM ET
ποΈ Featuring:
@sergey_nog (@arc)
@yrschrade (@Arcium)
@randhindi (@zama)
hosted by @_RayXiao
Set your reminder below! π twitter.com/i/spaces/1PKqrrPβ¦
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Circle's compliance system flagged an external depositor's wallet. Because that wallet held funds in the cUSDC contract, the entire contract was swept into a standard holding freeze.
This is collateral damage, not a sanction against the Zama Protocol.
Our legal team is already engaged to isolate the flagged address and restore access for all unaffected participants as quickly as possible.
May 30
We are investigating the cUSDC contract freeze. I will update here as the situation progresses.
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Update here: x.com/randhindi/status/20606β¦
May 30
Thanks to @zachxbt, we found the root cause and will be taking the appropriate actions to unblock the situation. Tldr; this has nothing to do with Zama, or privacy.
The issue stems from an address related to the Overnight Finance hack, which deposited over ~$12.5m USDC into our confidential USDC wrapper contract. Back when they did, their address wasn't on any sanctions list and was not flagged by our KYT tools. However, a court order yesterday night placed a restraining order on various wallets linked to the hacker.
Since there wasn't much utility yet for the cUSDC wrapper, there were very little funds in it, and as a result the vast majority (>99%) of funds in the cUSDC contract came from that single hacker's deposit. Because of this, the court order asked to freeze our wrapper contract to freeze the hacker's fund.
So the sanction was not against Zama, or against privacy. It was a classic restraining order as we see often in DeFi, and we should have been notified so we could have taken the appropriate actions on our side.
I want to be very clear about something: our posture has always been compliant confidentiality, and we will not tolerate any illicit behavior in our protocol. It's also really useless for hackers to try to use Zama to hide their trail as we are precisely not a mixer and we do not obfuscate the sender and recipient, only balances and amounts. Eg you can see the hacker's cUSDC transactions here: eth.blockscout.com/address/0β¦
We are in touch with the various people involved to resolve the situation asap. In the meantime, we will pause the cUSDC, cUSDT and cWETH contracts until we have finished our investigation, identified all addresses linked to this case and taken appropriate action.
I will share a more detailed post-mortem and how we plan to deal with such requests in the future.
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