smart
Blockchain and IoT: Transforming Hong Kong into a Smart City
Blockchain and IoT: Transforming Hong Kong into a Smart City
Smart Contract 101: What is Remix?
Solidity 101 Tools for Smart Contracts is a series of tutorials for beginners to learn the easiest way to build smart contracts. In this lesson we will use the online tool - Remix.
Chinese Smart Courts Leveraging Blockchain and AI
Smart courts in China are reportedly leveraging a range of innovative technologies to settle legal cases. The online judiciary courts utilize big data, cloud computing, artificial intelligence, and blockchain.
Smart Contract 101: What is the Structure of a Contract?
A better understanding of the Blockchain Structure could help us learn how to create smart contracts efficiently, here is a simple overview as part of our Learn series.
Ethereum Killers: Emerging Smart Contract Platforms to Rival ETH Dominance
While Ethereum dominance in decentralized finance (DeFi) cannot be denied, rival smart contract platforms the Ethereum Killers note significant value growth as well.
Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume
The Binance Smart Chain, a platform for building smart contracts, has surpassed the Ethereum network for transaction volume and unique active wallets.
Smart Contract 101: MetaMask
MetaMask is a crypto wallet & gateway to blockchain apps. It also a tool for interacting with decentralized applications (DAPP).
China Updates Smart City Infrastructure with Blockchain-Based City Identification System
China Updates Smart City Infrastructure with Blockchain-Based City Identification System
Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum
Crypto giant Binance will be adding smart contracts to its blockchain platform, Binance Chain, according to its whitepaper released today.
What are Smart Contracts and Why are They Important?
Since the lack of transparency puts the security of any transaction in jeopardy, this as now a problem of grave concern, so how do smart contracts solve these problems?
Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps
Algorand is entering the decentralized finance (DeFI) ecosystem with its new highly scalable stateful smart contract capabilities.
Chinese City Eyes Blockchain Applications for Urban Governance and Smart Education
Chengdu, the capital of China’s Sichuan province, aims to develop blockchain applications to revolutionize cross-border trade, urban governance, and smart education by 2022.
UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.
Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis
Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.
Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies
Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.
Dubai’s Blockchain Market to Surpass $118 Million by 2025
Smart Dubai, a government entity established in 2013 to make Dubai a smart city, has revealed that the application of blockchain technologies in the city will increase to Dh437 million, around $118M USD, by 2025 from Dh 35 million, approximately $95M USD, recorded in 2018
AI bias: how blockchain can ensure its safety
Blockchain technology can combat bias in AI systems through decentralized, transparent smart contracts, but challenges like scalability, interoperability, and regulatory compliance need to be addressed.
Nous Launches World's 1st Decentralised Hedge Fund
Blockchain start-up Nous Systems has announced the launch of the world's first decentralised hedge fund built on blockchain technology.
Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts
Chinese e-commerce giant JD.com, also known as Jingdong, has successfully launched two enterprise-level applications, including blockchain-based smart contracts, and the protection of commercially confidential information. These two applications were launched on JD’s independently-developed proprietary blockchain, JD Chain. The JD Chain blockchain framework was made open sourced around a year ago, five months after the company launched the JD Blockchain Open Platform enabling companies to use JD’s platform using pre-built APIs. The blockchain protocol has been opened up to allow enterprises to built custom solutions.
Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.
Binance Integrates WBTC on Kava EVM and BONK on BNB Smart Chain
Binance completes integration of Wrapped BTC (WBTC) on Kava EVM and Bonk (BONK) on BNB Smart Chain, facilitating deposits and withdrawals.
Comprehensive Guide to Developing and Trading on Injective (INJ)
Explore Injective's tools for smart contracts, frontend development, and API trading.
Binance Integrates DeXe (DEXE) on BNB Smart Chain, Opens Deposits and Withdrawals
Binance integrates DeXe (DEXE) on BNB Smart Chain, enabling deposits and withdrawals.
Binance Announces Scheduled Wallet Maintenance for BNB Smart Chain (BEP20)
Binance to conduct BNB Smart Chain (BEP20) wallet maintenance, suspending deposits and withdrawals.
BEP 336: Enhancing BNB Smart Chain with Blob Transactions
BNB Chain introduces BEP 336, a major update aimed at optimizing data storage and reducing transaction costs by up to 90% with Blob-Carrying Transactions.
Smart Contracts: Revolutionizing Digital Agreements
Explore how smart contracts are transforming digital agreements with automation, security, and transparency. Learn about their real-world applications and future potential.
BNB Smart Chain (BSC) Implements Key Changes in MEV Strategy
BNB Smart Chain (BSC) introduces significant changes to its Maximal Extractable Value (MEV) strategy to enhance network efficiency, security, and user experience.
Understanding Payment Structures in Taiko's Self-Sustaining Blockchain Network
Taiko's blockchain network employs various mechanisms to incentivize participants, ensuring trustless and transparent transactions. Learn how different roles contribute and get rewarded.
Stellar (XLM) Unveils Soroban: A Developer-Focused Smart Contract Platform
Stellar (XLM) introduces Soroban, a smart contract platform emphasizing performance, sustainability, and security for scalable DeFi applications.
HKMA Addresses Nova Credit Limited's Operational Cessation and Exit from Credit Data Smart
The Hong Kong Monetary Authority (HKMA) responds to Nova Credit Limited's decision to cease operations and exit Credit Data Smart, ensuring data security.
Google Enhances Smart Home with Gemini Integration
Google introduces Gemini models to enhance Nest cameras and smart home devices, offering improved AI capabilities and natural interactions.
IOTA Revolutionizes Intellectual Property Rights Management with Smart Contracts
IOTA Foundation introduces a prototype to streamline intellectual property rights management using blockchain technology and smart contracts.
Circle's Smart Contract Platform Enables Seamless ETH to USDC Swaps
Circle's Smart Contract Platform simplifies ETH to USDC swaps via a smart contract with an SDK for easy deployment and interaction.
Understanding Tezos Smart Rollups: Key Features and Benefits
Discover the intricacies of Tezos Smart Rollups, their benefits, and unique features like being optimistic and enshrined, according to Tezos Spotlight.
Getting Started with BTTC: Writing Your First Smart Contract
Explore how to write your first BitTorrent Chain (BTTC) smart contract and understand key concepts like state variables and public functions.
BTTC Empowers Democratic Voting with New Smart Contract
Explore the innovative voting smart contract on BitTorrent Chain (BTTC), designed to enhance transparency and security in elections.
Turtle.Club Introduces Phantom Liquidity to Eliminate DeFi Risks
Turtle.Club's Phantom Liquidity model eliminates counterparty and smart contract risks, offering a safer alternative for DeFi enthusiasts.
Injective (INJ)Launches Remix Web IDE for Seamless Smart Contract Development
Injective (INJ)introduces the Remix Web IDE plugin, streamlining smart contract development directly from the web browser.
Bohr Hard Fork Elevates BNB Smart Chain with Enhanced Efficiency and Scalability
The Bohr hard fork, scheduled for mainnet on September 26, brings significant upgrades to BNB Smart Chain, including BEP 341 for consecutive block production.
Binance to Conduct Wallet Maintenance for BNB Smart Chain (BEP20) on September 5, 2024
Binance will perform wallet maintenance for BNB Smart Chain (BEP20) on September 5, 2024, affecting deposits and withdrawals for two hours.
Exploring the TokenTimeLock Contract on BitTorrent Chain (BTTC)
Discover the TokenTimeLock contract on BTTC, a smart contract enabling secure, time-based token management for various blockchain applications.
Sei Announces Third Round of $10 Million Creator Fund for Developer Ecosystem
Sei launches the third round of its $10 million Creator Fund with a $250,000 USD matching pool, focusing on educational content, developer tools, and smart contract development.
Decentralized Decision Making: Insights into VendingMachine and SimpleDAO Contracts
Explore the VendingMachine and SimpleDAO contracts, showcasing automated transactions and decentralized governance in blockchain technology, according to BitTorrent Inc.
Google TV Introduces New Updates Including Smart Home Controls and Streamer
Google TV rolls out updates with new features such as smart home controls and a new Google TV Streamer, available starting September 24.
Exploring the StakingRewards Contract on BitTorrent Chain (BTTC)
Discover the functionalities of the StakingRewards contract on BTTC, enabling token staking and rewards. Dive into its key components, including state variables, events, and functions.
Developing a Decentralized Voting Dapp Using Linea's zkEVM
Explore the process of building a decentralized voting application using Linea's zkEVM. Learn about smart contract deployment, frontend integration, and ensuring secure, transparent voting.
BNB Beacon Chain Sunset: Final Plan and Actions Required
BNB Chain announces the final sunset plan for BNB Beacon Chain, urging asset holders and exchanges to migrate assets to BNB Smart Chain before mid-November to avoid losses.
IOTA's Rebase Proposal: A Potential Game-Changer for the DLT Ecosystem
IOTA Foundation proposes a transformative shift in its technology with the IOTA Rebased initiative, aiming to enhance decentralization and programmability through a governance vote.
Binance Expands Smart Arbitrage to Include XRP and DOGE, Offering 45,000 USDT in Rewards
Binance's Smart Arbitrage now supports XRP and DOGE, with a promotional campaign offering 45,000 USDT in rewards. Participants can earn bonus APR and trading fee rebates.
HKMA Celebrates Migration of Consumer Credit Services to Credit Data Smart
The Hong Kong Monetary Authority (HKMA) applauds the transition of consumer credit reference services to Credit Data Smart, enhancing competition and service quality in Hong Kong's financial sector.
Private Blockchains Pave the Way for Future Smart Homes
Exploring the role of private blockchains in enhancing security and automation in future smart homes as IoT connectivity grows.
Uniswap: Everything You Need to Know
Learn about: What Uniswap is, what the core concepts of UniSwap are. In this guide, we explain what's new in Uniswap V2, and the process of swapping tokens.
Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain
Oregon's federal grand jury indicted Forsage's founders. "Global Ponzi and pyramid scam" investors lost $340 million on the site.
Ethereum Co-founder Vitalik Buterin Engages in Spirited Debate on Wallet Security
In a recent Ask Me Anything (AMA) session on Twitter, Ethereum co-founder Vitalik Buterin fielded various questions from the cryptocurrency community. The session largely revolved around the pros and cons of MPC-based (EOA) wallets versus Smart Contract wallets, providing intriguing insight into Buterin's perspective.
Samsung Inks Deal with Nifty Gateway, Allowing Trading NFTs with Smart TVs
South Korean electronics giant Samsung has teamed up with Nifty Gateway to develop a new line of smart TVs that will enable trading NFTs.
CoinSmart Is on the Hunt to Buy Distressed Crypto Assets
The recent market crash is the latest in global financial events that have created unique opportunities for buyers like CoinSmart and FTX wanting to acquire distressed crypto firms at a bargain valuation.
BNB Smart Chain's Remarkable 85% Security Triumph in 2023
BNB Smart Chain's security enhancements in 2023 led to an 85% reduction in financial losses from security incidents, a striking contrast to the previous year's $1.1 billion losses.
Singapore Regulator MAS is Exploring Use of Cases in Digital Assets
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a sandbox initiative that is set to explore a number of defined use cases with respect to asset tokenization on the blockchain.
Stellar (XLM) Development Foundation Delays Protocol 20 Upgrade Due to Core Bug
The Stellar Development Foundation has postponed the vote on Protocol 20, initially set for January 30, following the discovery of a bug in Stellar Core v20.1.0. The decision was made to ensure ecosystem readiness and broad consensus, with the new vote date to be determined after the bug fix release, expected within the next two weeks.
Alonzo Smart Contract Upgrade Goes Live on Cardano
The Alonzo Hardfork with its accompanying capability for smart contracts has gone live on the Cardano blockchain.
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Ethereum Layer 2s See Surge in Popularity in Q1 2023
Alchemy's Q1 2023 report shows Ethereum layer 2 networks, including Optimism, Arbitrum and Polygon, saw a 44% increase in bridged crypto assets compared to Q4 2022, and a 518% increase compared to Q1 2022. The report suggests this growth may have been driven by successful airdrops from Optimism and Arbitrum. Additionally, the deployment of smart contracts related to layer 2s increased by 160% compared to Q1 2022, despite a 30% decrease from Q4 2022.
IOTA Co-Founder: DLT is Ideal for Smart Infrastructure in the United States
As the world is moving on to the 21st century, there is growing interest in upgrading city systems, which would require new technology as a solution.
BNB Smart Chain (BSC) Advances with BEP 336: Introducing Blob Transactions for Enhanced Network Performance
BNB Smart Chain introduces BEP 336 upgrade, inspired by Ethereum's EIP 4844, to optimize data storage and reduce transaction costs, preparing for a network performance boost.
Vodafone DAB and Chainlink Labs Unveil Blockchain Solution to Streamline Global Trade
Vodafone's Digital Asset Broker and Chainlink Labs, in partnership with Sumitomo Corporation and InnoWave, have developed a proof of concept to improve the global trade ecosystem. The initiative aims to facilitate the seamless exchange of trade documents across various platforms and blockchains, reducing fragmentation and inefficiencies. The collaboration uses Chainlink's Cross-Chain Interoperability Protocol for security and interoperability, paving the way for smart contract, blockchain, and AI applications.
Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide
Christina Lomazzo is the Blockchain Lead for UNICEF’s Office of Innovation; whose work mainly involves leading the blockchain efforts at UNICEF Ventures where she heads up a diverse team of six. Together they invest in early technology prototypes that they assess and determine could have an exponential impact on UNICEF’s operations and ability to fulfill its mission across the developing world.
Smart Contracts Enables Commodity Trading Transformation, GSCG Report Shows
Given that commodity trading is highly fragmented, blockchain-driven smart contracts can transform this sector by redefining market transactions and transparency, according to a Global Smart Commodity Group (GSCG) report.
TomoChain Prepares for Zorro Network Upgrade
Smart contract platform TomoChain today released details of an upgrade to its network. The Zorro Network upgrade will take place on January 22nd and will improve the functionality of the Ethereum Virtual Machine (EVM) — a collection of nodes that ensure security for the Ethereum network.
Astar Network To Launch Smart Contracts 2.0 on the Mainnet on April 6th
Astar Network, a smart contracts platform for multichain, is thrilled to announce that it will launch Smart Contracts 2.0 – the WebAssembly (WASM) smart contracts that extend the Web3 functionality of EVM – on the mainnet at 14:00 UTC on Thursday, April 06th. With this technical update, Astar Network will support both Ethereum Virtual Machine (EVM) and WASM VM smart contracts on the mainnet.
Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market
Malaysia’s national stock exchange, Bursa Malaysia will conduct a blockchain Proof-of-Concept (PoC) dubbed "Project Harbour" to explore the DLT management of the country’s bonds market.
Real Vision CEO believes NFT will act similar to high-end property
The Real Vision CEO predicted that when the crypto market swells again, high-end NFTs would be bought like high-end property.
Ethereum Foundation Brings Blockchain to UNICEF
The Ethereum foundation team made a series of donations to the United Nations Children's Fund (UNICEF), in a move considered both charitable and good for blockchain adoption.
Binance CEO CZ Discusses the Rise of the Ethereum Killer, the Binance Smart Chain
Changpeng Zhao says he has a little role to play in the emergence of the Binance Smart Chain.
ADA Price Surges to $0.50 as Cardano Inches Closer to DeFi with Mary Hard Fork
The ADA token price is up nearly 50% this week as Cardano inches closer to DeFi following the blockchain’s successful Mary hard fork upgrade.
What is Liquid Staking?
Liquid staking is revolutionizing the DeFi landscape by allowing users to stake their crypto assets while maintaining liquidity and earning rewards. This innovative approach is gaining traction in the crypto community.
Dubai Economy Moves to Blockchain-Based Unified Business Registry Platform
Dubai’s Department of Economic Development has announced its move to a Unified Business Registry Platform (UBRP). The UBRP is hosted on the innovative Blockchain Platform as a Service (BPaaS) of Dubai Pulse which is a joint initiative of Smart Dubai and du.
Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens
Hedera Hashgraph has confirmed a smart contract exploit on its mainnet, resulting in the theft of liquidity pool tokens from decentralized exchanges (DEXs) that use code derived from Uniswap v2 on Ethereum. The suspicious activity was detected when the attacker attempted to move the stolen tokens across the Hashport bridge, leading operators to temporarily pause the bridge. The exact amount of tokens stolen is unknown, and the Hedera team is working on a solution to remove the vulnerability.
Indian Engineering Students Develop Blockchain-based Smart Voting System
Three Computer Engineering Students have created a Blockchain-based Voting System which will allows casting of votes online, instead of the manual means of standing in a poll.
Brazil Considers CBDC Project as a Means to Innovate Digitally: Economist
The development of CBDC means several things to several people, and for Brazil, it is a broad complement to its already transforming payment ecosystem.
Banking Infrastructure Needs Blockchain Technology to Meet Rapid Fintech Enviroment, HashCash CEO Says
With the fintech industry making significant strides within a short time, the banking sector ought to integrate blockchain technology to keep pace with this area, according to HashCash CEO Raj Chowdhury.
Axiom Secures $20 Million in Series A Funding for Blockchain Data Access Innovation
Axiom, a smart contract infrastructure firm, raises $20M in Series A funding led by Paradigm and Standard Crypto, aiming to transform blockchain data access using zero-knowledge cryptography.
Global Blockchain IoT Market Expected to Generate Returns Worth $5.8 Billion by 2026
The global blockchain IoT market is expected to offer a revenue of $5.802 billion by 2026, driven by factors like IoT being increasingly implemented by mand end-use industries worldwide.
Binance Finalizes Maverick Protocol Integration on BNB Smart Chain
Binance has integrated Maverick Protocol (MAV) into its BNB Smart Chain, enabling MAV token deposits and withdrawals on the BEP20 standard. This decentralized finance infrastructure optimizes liquidity for traders, providers, and developers. Users can find their MAV deposit address on the BNB Smart Chain.
Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.
Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development
Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.
Coinsquare Acquires CoinSmart to Float a Dominant Crypto Exchange in Canada
Coinsquare has entered into a decisive agreement with CoinSmart Financial Inc to purchase the crypto trading platform
LG Electronics Expands Business in terms of Blockchain Technology & Crypto
As part of its expansion plan beyond home appliances, South Korean tech giant LG Electronics intends to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter.
Bitcoin’s Taproot Upgrade Launch in Three Days, Smart Contract Capabilities to be Unlocked?
Within around three days, Bitcoin’s Taproot will go live. It is arguably the most anticipated and vital upgrade to the BTC network since the Segregated Witness (SegWit) improvement in 2017.
Binance to Support BNB Beacon Chain and BNB Smart Chain Network Upgrades and Hard Forks
Binance supports network upgrades and hard forks of BNB Beacon Chain and BNB Smart Chain, with maintenance scheduled for April 15, 18, and temporarily suspending deposits and withdrawals.
Binance Coin (BNB) Price Analysis-April 8,2021
Although Bitcoin experienced a sharp decline, Binance Coin (BNB) showed a very strong trend and has not been dragged down by Bitcoin.
The Most Unworkable State Law
An Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.
Arbitrum's New ArbOS 11: A Game Changer for Blockchain and Crypto
The recent implementation of ArbOS 11 by the Arbitrum community introduces key improvements, including EVM Shanghai support and gas efficiency enhancements, fostering optimism in the crypto market for ARB.
Court Upholds OFAC's Designation of Tornado Cash Under IEEPA
The US District Court upheld the OFAC's designation of Tornado Cash under the IEEPA, rejecting plaintiffs' claims of overreach and First Amendment violations, highlighting legal challenges for privacy-oriented blockchain entities.
Samsung to Unveil Galaxy AI
Samsung gears up for a revolutionary Galaxy AI debut with the S24 series.
Largest DeFi Hack Recorded on Poly Network with $610M Stolen
A $610 million hack has been recorded by interoperability protocol Poly Network in what is tagged as the biggest heist in the DeFi world.
Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina
Binance.US has now expanded its digital asset trading services to include North Carolina investors.
Equilibrium and Chainlink to Power Synthetic Assets and Stablecoins on Polkadot
Equilibrium has chosen Chainlink, a tokenized oracle network, to power synthetic assets, lending, and stablecoins using its smart contracts.
Solana (SOL) Mobile's "Chapter 2" Phone: A New Era in Web3 Mobile Technology
Solana Mobile's new web3 phone "Chapter 2" achieves unprecedented demand, selling out its first-year sales target within a single day. Priced at $450 and set for 2025 release, this device aims to make web3 tech more accessible.
Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027
The urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, according to a report by Research and Markets.
Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System
Chief Legal Officer Paul Grewal unveils Coinbase's ERC-20 Scam Token Detection System, combining smart contract auditing with machine learning to tackle crypto scams. Disclosed on October 6, 2023, this initiative enhances security and trust in token listings on the platform.
Web3 Security 2023 State Revealed, Nearly $2 Billion Lost
CertiK's "Hack3d: The Web3 Security Report 2023" provides a thorough analysis of Web3 security incidents in 2023, highlighting key vulnerabilities and trends in the blockchain and smart contract security landscape.
Web3 Foundation Announces Over $1.1M in Grants Under Wave 19 Program
The Web3 Foundation disclosed the conclusion of its 19th grant wave, allocating over $1.1 million to 33 projects to bolster the Polkadot ecosystem. The foundation marked its 600th grant and 1000th milestone, reflecting the growth and the fervor of the Polkadot developer community, now the second largest globally. This wave spotlighted grants enhancing smart contract capabilities on Polkadot’s ink! smart contracts, and core infrastructure improvements. The foundation continues to welcome new proposals, underlining its ongoing commitment to support the evolving Web 3.0 ecosystem.
Ant Group Launches Blockchain-Powered System to Help SMEs in Cross-Border Trade
China's Ant Group established a blockchain-enabled smart contract platform Trusple to assist small and medium enterprises (SMEs) for cross-border trades.
BNB hacker liquidates from market meltdown, loses $53M
A sharp market dip caused many traders to sell and BNB Smart Chain exploiters to steal approximately $600 million in BNB tokens. The assault halted BNB Smart Chain's cross-chain bridge, liquidating Venus Protocol collateral valued over $53 million. The crypto market fell 6%, wiping roughly $1 billion in holdings in 24 hours. BNB's price went below $220, liquidating three wallet holdings immediately.
The Number of Ethereum Deposits on Crypto Exchanges Hit a 5-Month Low-What This Mean
The number of ETH deposits on crypto exchanges continues to diminish, given that it reached a 5-month low of 548.940.
$1.5 Billion of BTC Locked Up In Ethereum
Bitcoin maxis are turning to the dark side as the value proposition of DeFi sees record levels of Bitcoin on Ethereum.
Stars Arena Recovers Majority of Stolen Crypto
Stars Arena, a Web3 social media platform, has recovered about 90% of the 266,104 AVAX stolen in a security breach on October 7, 2023, following a settlement with the exploiter. The platform received 239,493 AVAX back, while awarding a 27,610 AVAX bounty to the individual. Post-recovery, Stars Arena is enhancing its security measures, including auditing a new smart contract to safeguard against future exploits.
Former Coinbase CTO Bets $1 Million on Bitcoin Reaching $1 Million in 90 Days
Former Coinbase chief technology officer Balaji Srinivasan has placed a bet worth $1 million on Bitcoin's price reaching $1 million by June 17. Srinivasan accepted the wager from pseudonymous Twitter user James Medlock, who bet $1 million that the United States would not experience hyperinflation.
Sber Bank's blockchain technology uses Metamask
Russia's biggest lender integrates its blockchain technology with Ethereum to enter DeFi and Web3. The connection lets users utilize Sber's tokens and smart contracts. Sberbank is developing blockchain goods. It requested a blockchain platform for its "Sbercoin" stablecoin from the Bank of Russia in 2021.
Samsung Facilitates Blockchain Use on Galaxy Devices
Samsung issued an official announcement to inform users that they will now be able to manage and trade cryptocurrencies from third-party wallets directly on Samsung Galaxy smartphones.
Why Vitalik Buterin Proposed 33% Increase in Gas Limit for Ethereum
Ethereum's Vitalik Buterin proposes a 33% increase in the gas limit to improve network throughput. This first change in three years aims to balance efficiency and stability, addressing scalability.
Exclusive: LabCFTC's Melissa Netram Talks Advancing Policy and Regulation in FinTech and Blockchain Through Times of Crisis
The United States Commodity Futures Trading Commission (CFTC) established LabCFTC as an initiative under the General Counsel’s office in 2017 aimed at promoting FinTech innovation and competition. The office has been very active with over 400 different private meetings held with innovators in the last three years. In addition, LabCFTC has published three primers in the marketplace based on their understanding of smart contracts, artificial intelligence, and crypto-assets.
Blockchain Can Improve Climate Crisis through Smart Contracts, Study Shows
Climate change is considered a desperate issue in modern times. Blockchain technology is believed to act as a stepping stone towards addressing economic complexities and interoperability when transiting to renewable energy, study shows.
Cardano's Goguen Rollout Could Directly Compete with Ethereum with its New Smart Contract Implementation
Cardano’s Goguen era, which marks the next period after Shelley, will be the era of implementing smart contracts and enabling decentralized applications (Dapps) on the network. The Goguen era is Cardano’s third development phase, which is expected to start in the third quarter of 2020 with the release of its testnet.
Cardano to Launch ERC-20 Converter and Cross-Chain Communication for Interoperability Between Networks Including Bitcoin
Cardano founder and IOHK CEO Charles Hoskinson recently announced in his YouTube video that the current roadmap for the Shelley hard fork will be going according to plan, scheduled on July 29, 2020.
Stellar Network Advances with Protocol 20 and Smart Contracts Activation
Stellar Development Foundation activates Protocol 20 and smart contracts on its network, enhancing scalability and efficiency, and marking a milestone in growth.
Cardano Introduces Two Devnets to Enable Any Developer to Build Smart Contracts and Dapps
IOHK, recently announced that they have introduced two new development environments enabling developers to write smart contracts for Cardano.
KeyFi Announces Native Token Listing on ApeSwap DEX
KeyFi, an AI-Powered DeFi aggregator platform backed by SelfKey Credentials, is listing its native token, KEYFI, on decentralized exchange ApeSwap.Finance.
EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet
Global accounting firm EY have launched their open-source Baseline protocol which aims to address privacy issues to encourage enterprise adoption of public Ethereum.
Cardano Records Over 100 Smart Contracts Following Alonzo Upgrade
Cardano has records more than 100 smart contracts launched on the blockchain as the Alonzo upgrade goes live.
Visa New Crypto Initiative
Visa is developing a new crypto product to promote the adoption of public blockchain networks and stablecoin payments. The company is seeking software engineers with experience in programming, Web3 technologies, and Solidity to build the product.
Jay Z-Backed Ethereum App Platform Officially Opens Doors to Public
Blockchain startup Alchemy has recently announced that the blockchain developer platform was perfected and now open to any companies or individuals looking to build smart contract-based projects.
Iota Floats Smart Contracts Beta with Zero Execution Fee
The Iota Foundation has launched its smart contract functionality which it said is now available in IOTA 2.0 DevNet.
WeBank Blockchain Patents Filings Rank Third Highest Globally for 2019
China’s WeBank is leading the global banking community in banking technology patents jumping ahead of US giants JP Morgan Chase and Bank of America with 632 filed patents in 2019.
Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions
Coinbase is suing the U.S. Treasury for listing Tornado Cash on the SDN List, arguing it violates digital privacy and regulatory authority in the cryptocurrency sector.
How Can Blockchain in IoT Market Grow 180 times by 2026?
Internet of Things (IoT) is now influencing our day-to-day lives. Today, blockchain has emerged as the probable solution for creating more secure IoT systems. With delegation in place, computation and storage needs can be spread across millions of IoT devices. Thus, the use of blockchain in IoT is benefiting the IoT devices to proficiently scale up. Also, assimilating the blockchain in IoT devices can cut the costs of managing and installing servers for an IoT network.
Cardano EUTXO Blockchain Upgrade Will Combine the Best Of Bitcoin and Ethereum
Cardano founder Charles Hoskins recently shared a file on his Twitter feed that outlined how the upcoming Goguen update will implement smart contracts using an extended UTXO purported to offer the best features of both the Ethereum and Bitcoin blockchain record keeping models.
Bunzz Raises $4.5M Seed Round to Expand its Smart Contract Hub for DApp Development
Bunzz a web3 development platform for decentralized applications, has completed a $4.5M seed round. Investors included gjmp, DG Daiwa Ventures, Coincheck, and Ceres. Funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp developers.
Machine Learning Network Fetch.ai Shares Vision of Interoperable Blockchains
Fetch.ai has a vision: to bring machine learning services to every ledger and blockchain.
Qualcomm CEO: Generative AI Will Redefine the Smartphone Industry in 2024
2024 is set to be a transformative year for AI in smartphones, with advancements in hybrid AI models and new features reshaping user experiences and industry dynamics.
DekaBank to Launch Blockchain-Based Tokenization Platform
German asset management DekaBank is cooperating with Metaco to build a tokenization platform but won't trade Bitcoin.
UK Launches Global Crypto Law Review as it Considers Legal Reforms
The Law Commission of England and Wales will explore legal proceedings from other countries to create its own crypto-based legal reforms
Ethereum's Average Gas Fees Hit a 3-Month Low
The average gas fees on Ethereum have hit a 3-month low, below $10.
PlayDapp's $31 Million Hack: A Blow to Blockchain Gaming Security
PlayDapp, a prominent NFT marketplace, experienced a security breach, resulting in the unauthorized minting of $200 million PLA tokens, worth $31 million.
Grayscale Floats New Smart Contract Fund for 6 Ethereum Competitors
The acclaimed largest digital assets management company, Grayscale Investments has launched a new investment product tagged the Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE).
Hong Kong-Based Chiron VC Raises $50M for Launching Terra Ecosystem Fund
One of Asia’s biggest Venture Capital firms, Chiron Partners, has launched a $50m ecosystem fund christened the Chiron Terra Fund I aimed at supporting innovative projects that are emerging from the Terra blockchain ecosystem.
Mina Protocol to Launch ZK Smart Contracts, Backed by $92M from Three Arrows and FTX
Mina Protocol is set to introduce Zero-Knowledge smart contracts to its mainnet, simplifying zkApp development and enhancing security. The upgrade will phase out supercharged rewards and phase out supercharged rewards. Mina Protocol, the world's lightest blockchain, combines Bitcoin and Ethereum elements, and the success depends on collective effort from node operators, developers, and users.
HKEX Introduces Synapse: A New Settlement Acceleration Platform for Stock Connect
Hong Kong Exchanges and Clearing Limited (HKEX) announces the launch of HKEX Synapse, a settlement acceleration platform designed to improve market efficiency and transparency for Northbound Stock Connect participants. The platform, set to launch on October 9, 2023, will employ DAML smart contracts to streamline post-trade operations. The move aims to enhance real-time data synchronization and scalability for asset managers, brokers, and other market participants.
DeFi Trading Platform PancakeSwap Tokens Rose Nearly 12% in the Worth $72M Burning Event
Decentralized trading platform PancakeSwap’s native token Cake burned 5,300,000 cake tokens at a total price of $72 million on Monday. Cake's transaction price subsequently increased by 11.63% which s the largest daily increase since June 23.
Fantom Collaborates With Dedaub To Automatically Detect Smart Contract Bugs With Watchdog
Scalable layer 1 platform Fantom announced its collaboration with Dedaub to leverage its automated system called Watchdog to look for smart contract bugs in the Fantom ecosystem.
BNB Chain's Red Alert Flags 191 High-Risk Projects
Binance's BNB Chain has added 191 new high-risk projects and decentralized applications (DApps) to its weekly red alarm list. The list is based on smart contract assessment and includes projects suspected of issuing fake tokens, having high tax fees, or malfunctioning websites or Twitter handles. The alert is aimed at helping users research before investing, and does not represent the risk level of the underlying DApp projects.
Ethereum's Vitalik Buterin Discusses ETH 2.0 Progress and Bitcoin-Ethereum Debate
On Peter McCormack's talk show, Ethereum co-founder Vitalik Buterin discussed the challenges faced by Ethereum 2.0 and the debate between Bitcoin and Ethereum.
TrustSwap's SmartLocks Service Locked Up Four Times More than Bitcoin LN
TrustSwap, a DeFi platform dedicated to enabling the execution of timed token purchases, recently announced that its SmartLocks service has officially locked over four times more value than the Bitcoin Lightning Network. While this is a major achievement on its own, it is only one of TrustSwap's many different services and it shows the potential that the project has to dominate the DeFi sector.
What Is Chainlink?
The Chainlink network has made a name for itself by providing reliable tamper-proof data for complex smart contracts on any blockchain.
Binance Completes BNB Smart Chain Upgrade and Hard Fork: What You Need to Know
Binance has completed a critical upgrade and hard fork for its BNB Smart Chain, allowing deposits and withdrawals to resume. The upgrade temporarily suspended transactions, signaling a return to normalcy for the platform.
Friend.Tech Boosts Security with CoolWallet on Base Chain
Friend.tech, a decentralized social network on Base's Ethereum layer-2 chain, has seen rapid growth but also faces security risks from phishing attacks. To address this, CoolWallet has launched a Web3 Guardian competition to promote its Web3 SmartScan feature, which screens transactions for malicious behavior.
SmartFi To Issue First Mineable Stablecoin & Payment System without Transaction Fees
U.S. based cryptocurrency platform Smartfi announced to develop two coins, including the first minable stablecoin worldwide, which will not require a burn-mint protocol or USD-fiat-peg to maintain an exact correlation to the US Dollar.
Ontology Teams Up with Chainlink to Solve the Oracle Problem by Creating Externally Connected Smart Contracts
In an effort to foster the Ontology network, the platform has announced its decision to collaborate with Chainlink to build data-driven smart contracts with end-to-end security and reliability, which is centered on solving what they identified as the oracle problem.
Four Reasons Why Cardano’s ADA Price is Surging
Cardano’s cryptocurrency ADA has been on a tear this month, doubling in price since the start of February—here are four reasons why the ADA price is surging.
Smart Contracts Security Firm Certora Pulls $36m in Series B Funding
Certora, a security tech startup that helps DeFi based smart contracts identify bugs in their codes before they are deployed has raised $36 million from investors.
Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss
KyberSwap suffered a $46 million loss due to a flaw in its smart contract, highlighting vulnerabilities in DeFi smart contracts and the need for improved security protocols.
Bank of Korea Initiates CBDC Pilot Plan on Samsung Galaxy Smartphones
Samsung Electronics will participate in South Korea’s Central Bank Digital Currency pilot project. The electronics tech giant will help to determine whether CBDC transactions could be conducted on smartphones without the availability of an internet connection.
Digital Currency and the Financial Inclusion Drive: The Journey So Far
With the digital currency ecosystem running toe-to-toe with traditional finance, here is a brief look into the journey thus far on the industry's financial inclusion drive.
Ethereum-Based Products Hit a 72.8% Monthly Growth as the US Reigns Supreme in DeFi Adoption
Ethereum-based products skyrocketed to $13.8 billion after recording a 72.8% monthly growth.
Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain
On the outset, this article has been written to put in perspective Index Funds as we know them, which new kind of Index Funds are developing with Cryptocurrencies (Digital Assets) and what developments are taking place in the Global Capital Markets with Blockchain developments.
The DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding
Gelato, a smart contract automation network focused on the Defi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing.
Astar Network Launches Second Iteration of Smart Contracts
Astar Network is launching the second iteration of its smart contracts that support both Ethereum Virtual Machine and WebAssembly Virtual Machine on its mainnet on April 6. The Astar team invited community members to a panel discussion led by its executives and Polkadot developers to discuss how WASM can be utilized.
ADA Price Surges Over 100% As Cardano Goguen Update Set For March
The ADA price surged by over 100% this week and with Cardano’s Goguen update and functional smart contract integration set for March, ADA’s price rally looks far from over
What Is a Decentralized Exchange (DEX)？
DEX is a blockchain-based exchange that allows people to directly exchange encrypted tokens with each other.
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials
The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.
Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko
The Islamic Research and Training Institute partnered with Samsung backed Blocko to develop a functional Credit Management System for Saudi Arabia.
From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry
The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.
China's Central Bank Digital Currency (CBDC)
China's Central Bank Digital Currency (CBDC) now supports smart contracts. Soochow Securities' mobile app allows e-CNY purchases. Android phones may now perform contactless digital yuan wallet payments.
Chainlink Hits New All-Time High amid SmartZip Expanding Services to Oracle Network
SmartZip, a leader in real estate predictive analysis, announced that it will join Chainlink's market-leading decentralized Oracle network by launching its own Chainlink node.
Bitget Reinforces Its Leadership in Smart Crypto Trading with a Rebranding Initiative
Bitget announces a rebranding initiative to reinforce its leadership in smart crypto trading. The move includes new AI-powered tools, a visual identity update, and a focus on user education.
Smart Whale Cumberland Liquidated 8K $ETH Prior to Market Crash
Cumberland offloaded 8,000 $ETH before the cryptocurrency market crashed, reducing its valuation to $1.1 trillion. Following the crash, Cumberland withdrawn 4,000 $ETH from Binance. During the FUD due to the SEC's lawsuit against Binance, SmartMoney purchased at lower prices. Cumberland's strategic investment strategies have historically yielded substantial returns.
Alipay Facilitates First Digital Cauldron Lighting in Asian Games History
Alipay, the digital payment giant and Official Prestige Partner of the Hangzhou Asian Games, has made history by supporting over 100 million digital torchbearers in the first-ever digital cauldron lighting ceremony. The initiative was part of the Smart Hangzhou 2022 platform, a one-stop digital service for the Games. Alipay's technology ensured that even phones produced 8 years ago could participate in the digital interaction.
Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts
A tweet from Worldcoin states that they have successfully onboarded an impressive 1.2 million self-custodial Safe Smart Accounts
Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined
A quarterly report from eToro indicated that while DeFi sector was bullish in 2020’s third quarter (Q3), Bitcoin trades decreased in contrast.
Algorand Implements Sustainable Carbon Offset Smart Contracts
Blockchain-based crypto platform Algorand said it will implement smart contracts that automatically offset carbon emissions, and use part of the transaction fees to offset its carbon emissions.
Ethereum's Layer 2s Break New Ground in Scalability
Ethereum has seen a 22% rise in value as of September 2023, largely attributed to the emergence of Layer 2 solutions like BASE by Coinbase, which enhance scalability and user affordability on the network. Leading Layer 2 blockchains, Optimism and Arbitrum, have surpassed major Layer 1 blockchains in Total Value Locked, indicating a growing trust and utilization in the Ethereum ecosystem. Despite centralization concerns, the progressive strides in Layer 2 solutions are poised to bolster Ethereum's standing as a dominant smart contract blockchain.
South Korea to Provide Blockchain-based Digital Identities to Citizens by 2024
South Korea plans to provide citizens' digital identities encrypted by blockchain with smartphones in 2024 to facilitate its economic development.
Kokomo Finance Accused of $4M Exit Scam
Kokomo Finance, an open-source and noncustodial lending protocol on Optimism, is suspected of an exit scam worth $4 million. The protocol allegedly plucked user funds via a smart contract loophole, causing the Kokomo Finance token to plummet 95% in value. Blockchain security firm CertiK alerted its followers to the situation, noting that Kokomo Finance removed all social media accounts following the incident.
Australia Opens Public Consultation on National Taxonomy of Crypto Assets
A crypto licence and custody document will be released in mid-2023.
Rabbit Inc Introduces AI-Powered r1 Device for Mobile Interaction
Rabbit Inc's r1, an AI-powered mobile device featuring the innovative Large Action Model OS, was showcased at CES 2024, offering a novel approach to mobile interaction and user convenience.
Here’s A Look at The Top Outlets For Blockchain Developers To Source Grants
Monetary grants are extremely important in any field - be it the arts, media, technology - especially nascent ones where there is a lot of scope for growth and development. For example, blockchain is one such domain which over the course of the last decade or so has seen an incredible output of innovation (ala smart contracts, decentralized finance, etc) from relatively independent developers working with limited resources.
IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework
IOTA Foundation, a distributed-ledger technology developer, and Jaguar Land Rover, a leading British luxury car manufacturer, have introduced IOTA Access.
Binance Earmarks $1B to Fund Growth Initiatives in Crypto Ecosystem
Binance, the world’s biggest digital asset trading platform, said it has earmarked $1 billion to fund growth initiatives in the cryptocurrency ecosystem.
Chico Crypto Goes Head-to-Head with Cardano Founder on Smart Contracts
Crypto gets its first bout in the ring with well-known crypto YouTuber Tyler Swope aka Chico Crypto going head to head against Charles Hoskinson Founder of Cardano.
What is Tezos?
Tezos, a promising new blockchain-based platform for building smart contracts and decentralized applications (dApps).
EY Increases Its Investments in The Blockchain Market
EY has committed another $100 million in funding to sponsor the development of several blockchain products.
Nodle's Smartphone-Powered Blockchain Network
Nodle turns cellphones into nodes using Bluetooth to increase IoT adoption.
Bitpanda Launches New Crypto Indices for Long-Term Diversified Portfolios
Bitpanda, a digital investment platform, rolled out at least four crypto indices for investors, providing more options by helping them to diversify their portfolios.