Why is ARPA down today? (May 15, 2023)

ARPA is a blockchain-based secure computation network, which aims to enable data leasing. For example, hospitals using the ARPA network can share health information with each other through the National Health Information Center without exposing patient privacy. ARPA was previously known as ARPA Chain, a privacy-focused multiparty computation (MPC) network founded in 2018. ARPA mainnet has completed more than 224,000 MPC computation tasks so far. The ARPA team's experience in MPC and cryptography has formed the basis of the TSS-BLS system design.

ARPA has fallen by 12.58% in the last 24 hours after increasing by about 18% in the last 7 days. So, we can consider today's decline as a corrective move.