Zama Forms Strategic Partnership with Conduit to Expand Confidential Smart Contracts
Foresight News reports that fully homomorphic encryption network Zama has announced a strategic partnership with Conduit to expand confidential smart contracts. Zama will operate a dedicated Arbitrum rollup for its protocol, supported by Conduit. When the Zama mainnet launches, all Conduit chains will be able to access its confidential computing through the Conduit marketplace. Projects on Conduit can offer encrypted transactions and privacy smart contracts to their users with minimal integration.
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U.S. commercial crude oil inventories fell more than expected, with distillate inventories also declining and gasoline unexpectedly rising.
According to EIA data released on Thursday, for the week ending October 9, U.S. commercial crude oil inventories decreased by 8.6 million barrels to 415.6 million barrels, about 3% below the five-year average for the same period. Crude oil production fell by 300,000 barrels per day, and imports dropped by 791,000 barrels per day. Refinery crude runs increased by 135,000 barrels per day. Gasoline inventories rose by 3.5 million barrels, exceeding expectations, while distillate fuel inventories (including diesel and heating oil) decreased by 2.5 million barrels. The decline in crude inventories was mainly due to production shutdowns and reduced imports caused by a Gulf of Mexico hurricane.
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