Smart Contracts Financial News

22.09 / 01:31

business Blockchain Technology Smart Contracts ConsenSys Coding ‘End of an era’ — Consensys sunsets Truffle, Ganache amid shift to Metamask Snaps

Ethereum developers are gathering to salute the teams behind Ganache and Truffle, two toolkits that were once vital in the early days of Ethereum smart contracts.

12.09 / 18:05

Blockchain Smart Contracts NYU law professors argue ‘personal growth bets’ using smart contracts should be legal

New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the legalities surrounding the use of blockchain-based smart contracts for the purpose of ‘personal growth bets.’

12.09 / 06:25

Blockchain defi Tokens Smart Contracts BUG Banana Gun’s failed contract passed 2 audits, but ChatGPT found the bug in seconds

The eagerly-awaited launch of the telegram bot Banana Gun’s native token BANANA couldn’t have gone any worse, with the price of the newly launched BANANA falling from a peak of $8.70 to $0.02 in less than 3 hours after it launched.

11.09 / 16:45

business Blockchain defi Developers lending Smart Contracts Aave v3 fork debuts noncustodial liquidity markets on Base

A collaboration across decentralized finance (DeFi) developers is introducing a non-custodial liquidity markets on layer-2 network Base, promising to enable trustless smart contracts to automatically connect liquidity pools with borrowing strategies.

04.09 / 04:17

Law Ethereum Adoption Smart Contracts Decentralization Court Matter Labs co-founder proposes 'Ethereum Supreme Court' for on-chain disputes

Matter Labs co-founder and CEO Alex Gluchowski has proposed an Ethereum court system resembling a hierarchical court system similar to the real world.

30.08 / 17:05

Adoption NFT regulation wallet Smart Contracts identity DAO Pioneering the future with omnichain solutions: XGo ID and TapiocaDAO share insights

The Web3 landscape is undergoing swift evolution, with omnichain solutions emerging as vanguards poised to redefine the crypto world. Just recently, Cointelegraph hosted an AMA session to discuss the potential of omnichain solutions and their impact on crypto mass adoption.

24.08 / 03:05

Adoption regulation Altcoin privacy Smart Contracts Money laundering Tornado Cash indictment fails to show 'clear violation' of certain laws: Coin Center

Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers, arguing that the facts offered don't show any clear violations of money-transmitting-related offenses.

23.08 / 13:57

Law Adoption regulation Europe European Union Smart Contracts EU Data Act smart contract ‘kill switch’ brings uncertainty

On June 28, the European Council and Parliament achieved a political consensus on the Data Act, which moves the legislation regarding non-personal data closer to fruition.

22.08 / 19:17

Blockchain Ethereum defi Smart Contracts Stellar EVM Stellar joins Bytecode Alliance to help develop EVM alternative Wasm

The Stellar Development Foundation has joined the Bytecode Alliance, an industry group promoting the development of WebAssembly (Wasm), according to an Aug. 21 announcement. Wasm is a competitor to the Ethereum Virtual Machine (EVM) used by the Ethereum ecosystem. It is also used in non-blockchain, browser-based applications.

17.08 / 11:55

Blockchain Technology Adoption defi Cybersecurity Smart Contracts 5 smart contract vulnerabilities: How to identify and mitigate them

Smart contracts, the self-executing code on blockchain platforms, have transformed industries by automating processes and enabling trustless transactions. However, their complexity can also make them susceptible to vulnerabilities that could be exploited by malicious actors.

16.08 / 13:15

business Ethereum Smart Contracts Chain ZetaChain raises $27M in equity round to enable chain-agnostic interoperability

Layer-1 network ZetaChain has secured $27 million to support its chain-agnostic platform, according to an announcement on Aug. 16. Participants in the round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and other investors.

10.08 / 07:53

Blockchain Ethereum Binance Smart Contracts Hard Fork Fork Binance Coin EVM BNB Chain hard fork to improve security & compatibility with EVM chains

Binance’s proprietary BNB Smart Chain (BSC) is set to undergo two hard forks through August 2023 that are aimed at reducing the possibility of a malicious blockchain reorganization and increasing the compatibility with other EVM blockchain networks.

31.07 / 23:23

Blockchain Technology Analysis Opinion Smart Contracts Tech Tech Analysis We need to fundamentally change how smart contracts operate

Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption.

31.07 / 13:53

business Blockchain Investments Funding Smart Contracts Entrepreneur How blockchain is transforming fundraising for startups and entrepreneurs

The venture capital world has long been known for its traditional approach to funding and investing in startups. However, the emergence of blockchain technology can potentially disrupt this industry and revolutionize the way venture capital operates.

26.07 / 14:35

Blockchain regulation privacy Smart Contracts Worldcoin Worldcoin struggles to find new users willing to scan iris for crypto

The controversial crypto project Worldcoin was launched for the public on July 24, making way for customers to scan their iris at designated locations in 20 countries and receive 25 Worlcoins (WLD) the native token of the project.

25.07 / 17:03

Blockchain defi Smart Contracts Decentralization Dapps Algorand From supply chain to DeFi: How blockchain oracles can transform industries

Decentralized blockchain oracle service Goracle provides real-world information so anyone can build better Web3 apps based on off-chain data.

07.07 / 06:29

Ethereum defi Smart Contracts ETH DeFi 'circuit breaker' could cut hack losses by 70% — Developer

A decentralized finance “circuit breaker” could have prevented billions of dollars worth of crypto being stolen from DeFi protocols in 2022, according to the developer of the newly published ERC-7265 proposal.

03.07 / 14:15

defi hacks Scams Smart Contracts Arbitrum Rug Pull Chibi Finance $1M alleged rug pull: How it happened

On June 26, decentralized finance (DeFi) aggregator Chibi Finance was exploited by its own deployer account, and $1 million worth of cryptocurrency was drained from its contracts in an apparent rug pull or exit scam. The protocol’s official user interface disappeared, producing a 404 error, and all social media for the app was taken down. After the funds were drained, they were swapped for Wrapped Ether (WETH) and bridged to Ethereum, where they were afterward sent to Tornado Cash by the attacker.

03.07 / 04:37

defi Hackers hacks Smart Contracts network Exploit Poly Network urges users to withdraw after exploit affects 57 crypto assets

Further details are coming to light following a July 2 attack on cross-chain bridge platform Poly Network, which has resulted in a hacker being able to issue billions of tokens out of thin air for profit.

28.06 / 11:47

Blockchain Adoption regulation Europe European Union Smart Contracts EU finalizes controversial smart contract kill switch rules under Data Act

European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed by the EU’s Commissioner for Internal Markets, Thierry Breton, in a tweet calling it a “milestone in reshaping the digital space.”

22.06 / 11:13

Blockchain defi security Smart Contracts Startups boost Web3 startups get security boost as CertiK joins Cointelegraph Accelerator

Despite the crypto bear market, the Web3 ecosystem continues to grow. True to the notion that “bear markets are good for builders,” developers continue to flock into the Web3 space — the blockchain-based universe governed by smart contracts. Reports from early 2023 show that the number of monthly active Web3 developers grew to over 23,300 in 2022.

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