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What Is The Merge? A Brief Explanation of Ethereum’s Transition From Proof-of-Work to Proof-of-Stake
23.8.2022
In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, what’s changing under the hood is a very big deal....
Crypto security experts raking $430K salaries amid 2022's hacking spike
23.8.2022
The demand for blockchain security experts comes amid a rise in crypto hackings in 2022
Ethereum advances with standards for smart contract security audits
22.8.2022
The Enterprise Ethereum Alliance has published a smart contract security audit specification to ensure consistency when it comes to smart contract security
BendDAO contract drained overnight with 15 ETH left to pay lenders
22.8.2022
Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids
Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours
19.8.2022
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market...
CME Group to Offer Market Participants Ethereum Options 3 Days Before the Merge
19.8.2022
Three days before Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS), the world’s largest derivatives marketplace in terms of volume, CME Group, announced plans to list ethereum options. While CME’s ether options product prepares for regulatory review,...
Chinese Parents to Use Digital CNY ‘Smart Contracts’ to Pay for After-school Lessons
18.8.2022
A Chinese state-owned commercial bank is set to pilot a digital yuan-powered “smart contract solution” that allows elementary school parents to pay for their children’s education using the e-CNY....
Read More: Chinese Parents to Use Digital CNY ‘Smart Contracts’ to Pay for After-school Lessons
Bank of China unveils new e-CNY smart contract test program for school education
16.8.2022
Under the pilot test, parents could enroll their children in after-school vocation programs via smart contracts
Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog
16.8.2022
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC)....
Galaxy Digital terminates BitGo acquisition, citing breach of contract
15.8.2022
After announcing plans to acquire BitGo in May 2021, Mike Novogratz’s Galaxy Digital has eventually dropped the deal but is still pursuing a listing in the United States
Celestia: Launching a blockchain to be as easy as deploying a smart contract
15.8.2022
New crypto project wants to give online communities their own sovereignty by easily deploying their own blockchain with their own rules
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
12.8.2022
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the...
Unity Signs Multi-Million Dollar Contract To Help U.S. Army And Defense Agencies
11.8.2022
Popular video game engine Unity has had a lot of bad press over the last year, the result of things like large-scale layoffs and some really terrible comments from its CEO. Today the trend continues, as it was announced recently that the company has signed a new multi-million dollar, three-year...
Circle freezes blacklisted Tornado Cash smart contract addresses
8.8.2022
Stablecoin issuers can blacklist interactions with the Tornado Cash dApp on the Ethereum smart contract level
How to Stop Forsage, Meta Force and Other Smart Contract Pyramid Schemes
8.8.2022
An SEC indictment notwithstanding, it's not easy to taking down online pyramid schemes, says our columnist. Here are some ideas
Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms
7.8.2022
Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platform. “The Musk parties bring their counterclaims for breach of contract...
BNB rallies 39% despite smart contract deposits dropping 28% — Should investors be worried?
4.8.2022
BNB Chain's total value locked dropped more significantly than its competitors, but the network’s decentralized applications are not fading out
DTravel Completes First Smart Contract Vacation Rental Booking
4.8.2022
After months of reworking its product and user experience, the Web3 vacation and short-term rental platform is building out its site with greater autonomy for both renters and hosts
Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised
3.8.2022
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root...
The Smart Contract Platform Sector Explained
2.8.2022
Smart contracts are programs stored on a blockchain that run when predetermined conditions are met. They automate the execution of an agreement without an intermediary