Smart Contracts Financial News

16.06 / 03:37

defi Hackers Smart Contracts Exploit Hashflow assures users will be made 'whole' following $600K exploit

Crypto trading platform Hashflow has assured affected users will be “made whole” following an exploit that saw at least $600,000 in digital assets removed from the platform.

09.06 / 10:15

Blockchain Technology Adoption fees Smart Contracts Power businesses The power of Fastex's POSA consensus: Empowering validators and businesses alike

"Stakers and validators usually don't care about the blockchain platform they're using, they don't care about its health. We want to change that," said Pavel Aramyan, Blockchain Program Lead at Fastex and one of the guests at Cointelegraph's live. "We want to actually reward validators and businesses and encourage them to provide value to users."

01.06 / 14:31

Blockchain security Smart Contracts ChatGPT ChatGPT can’t beat human smart contract auditors yet: OpenZeppelin’s Ethernaut challenges

While generative artificial intelligence (AI) is capable of doing a vast variety of tasks, OpenAI’s ChatGPT-4 is currently unable to audit smart contracts as effectively as human auditors, according to recent testing.

26.05 / 15:29

Blockchain NFT Smart Contracts Scalability layer2 Bitcoin Community Bitcoin RGB protocol may offer solution to Bitcoin’s Ordinals jam, proponent claims

Gideon Nweze, the founder and CEO of the newly launched Digital Bitcoin Art and Assets (DIBA) nonfungible token (NFT) marketplace, believes there’s an alternative way to bring NFTs to Bitcoin that doesn’t impact block space and transaction fees.

17.05 / 04:21

business Blockchain Adoption Payments Smart Contracts DLT Financial Services TradFi Lobby Distributed ledger tech could save TradFi $100B a year: Lobby group

Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report from the Global Financial Markets Association (GFMA).

05.05 / 03:33

defi wallet Altcoin security Scams Decentralized Exchange Smart Contracts Rugpull blockchain security firm Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'

Smart contract auditor CertiK claims to have blocked $160,000 from Merlin, a zk-Sync-based decentralized exchange (DEX) which has been the center of a rogue insider "rugpull" that lost users $1.8 million last week.

19.04 / 15:55

Ethereum defi Ethereum 2.0 coinbase security Smart Contracts layer2 network Coinbase’s Base network gets OpenZeppelin security integration

The OpenZeppelin Defender smart contract security platform has now integrated with Coinbase’s Base network, allowing Web3 app developers on Base to automate security tasks.

17.04 / 21:19

business Polygon European Union Smart Contracts lawmakers Polygon calls on EU lawmakers to address smart contracts in Data Act

Polygon Labs, an Ethereum layer-2 scaling solution, has called on policymakers in the European Union to “clarify the scope and intent” in legislation targeting smart contracts.

17.04 / 12:53

Blockchain Ethereum applications Smart Contracts Dapps How to Crypto How to use Ganache for blockchain project development

Programming languages like Solidity, which is used to build smart contracts on the Ethereum blockchain network, are frequently used in blockchain development. Ganache helps developers test and debug their applications before deploying them on a live blockchain network. Also, developers must be well-versed in blockchain technology, including its underlying architecture and concepts like consensus algorithms, cryptography and decentralized governance.

14.04 / 09:33

Blockchain Law NFT Smart Contracts What happens to your NFTs when you die?

Once a nonfungible token (NFT) trader dies, their digital collectibles may be forever lost in the blockchain if they do not have a handover plan set up. Because of this, lawyers believe that it’s best to craft a way to pass on their assets in case of death.

06.04 / 23:51

business Blockchain Ethereum Adoption defi Smart Contracts layer2 zkSync zkSync Era denies 921 ETH 'stuck forever' in smart contract

Matter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has denied that 921 Ether (ETH) worth $1.7 million will be "stuck forever" in one of its new projects.

04.04 / 02:33

Blockchain Ethereum wallet Smart Contracts network Ethereum ERC-4337 ‘bundlers’ — How hard is joining the network?

A new decentralized layer has been added on top of Ethereum to make smart accounts possible with the introduction of ERC-4337 and account abstraction — but infrastructure providers suggest it may be tricky to participate profitably right now.

03.04 / 13:07

Blockchain Ethereum Polkadot Smart Contracts network Support Astar Network to launch smart contracts that support two virtual machines

Multichain decentralized application (DApp) protocol Astar Network will launch the second iteration of its smart contracts that supports both Ethereum Virtual Machine (EVM) WebAssembly Virtual Machine (WASM VM) on its mainnet on April 6.

03.04 / 06:41

Blockchain Ethereum Adoption Smart Contracts Scalability layer2 zk Buterin weighs in on zk-EVMs impact on decentralization and security

Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain.

22.03 / 13:23

business Blockchain Adoption VISA Fraud Smart Contracts phishing Visa: Token bridges were a favored target for thieves in 2022

According to the global payment provider Visa, 2022 became a record-breaking year for cryptocurrency thefts, with over $3 billion stolen in on-chain thefts. Cryptocurrency bridge services were a favored target for threat actors.

21.03 / 04:41

business defi Hackers hacks Altcoin Smart Contracts Euler Finance to enter talks with exploiter over the return of funds

Ethereum-based lending protocol Euler Finance could be a step closer to recovering funds stolen in a $196 million flash loan attack last week, with private discussions now initiated with the exploiter.

15.03 / 07:29

business Technology Adoption Smart Contracts Test ChatGPT V4 aces the bar, SATs and can identify exploits in ETH contracts

GPT-4, the latest version of the Artificial Intelligence (AI) chatbot, ChatGPT, can pass high school tests and law school exams with scores ranking in the 90th percentile and has new processing capabilities that were not possible with the prior version.

14.03 / 23:25

regulation European Union Smart Contracts Europarliament approves Data Act that requires kill switches on smart contracts

The European Parliament passed the Data Act on March 14. The comprehensive bill was intended to “boost innovation by removing barriers obstructing access to industrial data.” Among its provisions is an article that would require smart contracts to be alterable.

13.03 / 13:55

Ethereum defi privacy Smart Contracts Cryptography zk-Rollup network Blockchain Network Privacy-focused blockchain network closes Aztec Connect tool

Privacy-oriented blockchain platform Aztec is preparing to shut down Aztec Connect, the network’s privacy infrastructure serving as the encryption layer for Ethereum.

10.03 / 23:11

Ethereum defi Tokens Smart Contracts Rescue Lost AAVE DAO votes for 'rescue plan' to save lost tokens

Some AAVE users who accidentally sent tokens to the wrong address may soon be able to recover them, according to the text of a proposal passed by the AAVE decentralized autonomous organization (DAO) on March 10. The proposal, called “Rescue Mission Phase 1 Long Executor,” authorized AAVE developers to upgrade smart contracts that have been mistakenly sent tokens in the past, causing the contracts to automatically send the lost tokens back to their original owners.

10.03 / 09:09

business defi hacks Altcoin Smart Contracts Hedera Exploit Hedera confirms exploit on mainnet led to theft of service tokens

Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of several liquidity pool tokens.

frequently asked questions about Smart Contracts

What is Smart Contracts and why is it relevant?

Smart Contracts is a high-demand area that draws public attention. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Smart Contracts?

All recent news about Smart Contracts can be found in the special selection. We publish information in a timely manner.

How can I verify the accuracy of information on Smart Contracts?

We rely on trusted sources to ensure that the information about Smart Contracts is accurate and helpful for our readers.