Tagged: smart contract

Digital Asset Custody Provider Taurus Joins ERC3643 Association

Taurus SA announces it has joined the ERC3643 Association. This move is said to establish Taurus “as one of the first digital asset custody and tokenization infrastructure providers to join the association, marking a significant step in the advancement of smart contract standardization, and reinforcing… Read More

Digital Assets Record Positive Returns in December, Led by Smart Contract Platforms Crypto Sector – Grayscale Research

Bitcoin (BTC)  gained 13% in December 2023 (and is trading at over $45,000 to start off the new year). These price moves punctuate a year of strong returns, but the largest crypto asset was, in fact, “outpaced by other market segments last month,” the team… Read More

DLT, Smart Contracts: DAML for Azure Database Enables Clients to Deploy Multiparty Apps on Microsoft’s Cloud Infrastructure

DAML for Azure Database enables customers to “deploy multiparty applications on Microsoft’s powerful cloud infrastructure immediately.” Businesses are using distributed ledger platforms “to deploy multiparty applications even though many wish they could simply leverage familiar infrastructure to improve complex business processes that don’t require overhauling… Read More

Regtech Uppsala Security Analyzes DeFi Hack: Raft Protocol Exploit – A Hacker’s “Miscalculation” Leads to Major Loss

A couple of weeks ago, the cryptocurrency community witnessed a “peculiar” and complex exploit within the Raft Protocol, which is described as a decentralized finance (DeFi) platform operating on the Ethereum network. This incident, now widely referred to as the “Raft Protocol Exploit,” stands out… Read More

Ethereum Adoption: Movement Labs Unveils Move Virtual Machine L2 for ETH Network

Movement Labs has announced its plans to launch M2, the first Move Virtual Machine L2 for Ethereum, scaled with Celestia as modular DA. Starting with M2, Movement is building an ecosystem of Modular Move-Based Blockchains, with M2 made possible “by Celestia’s Blobstream and the modular… Read More

DeFi Adoption: Neo Unveils Ethereum Virtual Machine (EVM) Compatible Sidechain

Neo, the open-source, community-driven blockchain platform, revealed that development is underway on a new EVM-compatible sidechain that will enable developers “to deploy smart contracts, and open the Neo ecosystem up to a wide range of trading-specific use cases such as DeFi.” As a separate blockchain… Read More

Chainlink Proof of Reserve Now Active for Backed’s Tokenized Real-World Assets

Backed is pleased to announce that they have integrated Chainlink Proof of Reserve (PoR). This development provides users “with a transparent and trust-minimized means to confirm the collateralization of our tokenized assets.” Backed’s implementation represents a significant step forward in “how users can gain assurance… Read More

Swiss Mortgage Bank Lenzburg AG Introduces Digital Assets Offering and Crypto-focused Banking

Mortgage Bank Lenzburg has expanded its organizational structure and the Finstar core banking system so that it can now offer services for digital assets. It starts with the custody offer for digital registered securities “from selected partner companies that were issued on the Ethereum blockchain.”… Read More

Diego Lizarazo of Agoric: Blockchain Professional Comments on How a JavaScript Library Supports Web3 Devs Entering DLT, Smart Contracts Ecosystem

We recently connected with Diego Lizarazo, Director of Developer Relations at Agoric. Recently, Amazon launched Cloud Tools (AMB Access and Query services), which make it easier for developers to create decentralized applications. While this is a step in the right direction, more needs to be… Read More

Ethereum (ETH) Development: ERC-7512 to Enhance Smart Contract Security via Onchain Audit Representations

Ethereum security professionals and developers have introduced ERC (Ethereum Request for Comment)-7512, a standard for onchain audit report representation, in a move to bolster blockchain security. This proposal aims to “enhance transparency and trust within the blockchain ecosystem by providing a standardized method to represent… Read More

Web3 Security: Movement Labs Secures Funding, Introduces SDK to Enhance Cross-Platform Interoperability

Movement Labs announced that it has raised $3.4 million in pre-seed funding from a group of industry participants, which will enable Movement Labs to grow the adoption and development of Move, a smart contract development language “with embedded safeguards protecting against attack vectors like reentrancy… Read More

Digital Assets: Chainlink Staking Platform to Be Upgraded

Staking is a core initiative of Chainlink Economics 2.0 that reportedly aims to “bring a new layer of cryptoeconomic security” to the Chainlink Network. Staking enables ecosystem participants, “such as node operators and community members, to back the performance of oracle services with staked LINK… Read More

Blockchain Adoption: Stellar Development Foundation Comments on Decision to Join Bytecode Alliance

One of the first decisions made when building Soroban, the Stellar network‘s smart contract platform, was “choosing a platform for it to run on.” The developers say they decided “to build on WebAssembly (Wasm) in April of 2022.” As noted in a blog post, Wasm… Read More

Web3 Development: SphereX Introduces Security Solution for Smart Contracts

SphereX, a web3 security company, has raised $8.2 million in seed funding and launched SphereX Protect, a decentralized security solution for smart contracts. This solution prevents vulnerabilities “in the code from being exploited and maintains contract operation even under threat.” SphereX, a web3 security platform,… Read More

Web3 Adoption: Spearbit Raises Funding to Launch Cantina, a Marketplace for Web 3 Security Audits

Spearbit, a smart contract audit and security solutions firm with clients such as Polygon, OpenSea, Optimism and more, announced that it “has raised a $7 million funding round led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi)… Read More

Curve Finance Vyper Code Vulnerability Leads to Major Hack Impacting Liquidity Pools: Chainalysis Report

On July 30, 2023, several liquidity pools on Curve Finance were exploited, resulting in approximately $70 million in losses and triggering panic within the DeFi ecosystem, the team at Chainalysis noted. In a blog post, Chainalysis also mentioned that these hacks occurred due to “a… Read More

Ethereum Adoption: Neon EVM Integrates with Covalent, Enhancing Data Accessibility

Neon EVM, an Ethereum Virtual Machine operating as a smart contract on Solana, announced its integration with Covalent, marking a significant step forward for both platforms. Neon EVM’s recently launched platform “allows developers to use EVM developer tools and Ethereum’s compute layer to transact on… Read More

Web3 Adoption: Giza Raises $3M to Bring AI to Web 3 Smart Contracts

Giza, an artificial intelligence (AI) platform for smart contracts and web3 protocols,  announced a $3 million pre-seed round led by CoinFund, a cryptonative investment firm and registered investment adviser, “with participation from Arrington Capital, StarkWare and TA Ventures, along with prominent angels like Rand Hindi… Read More

Digital Assets: Casa Introduces Ethereum (ETH) Vaults, Inheritance Planning

Amidst all the bank failures, web3 hacks, and custodian collapses of the last year, “one thing is clear: self-custody is the only security model you can truly count on,” the team at Casa noted in a recent update. The best defense for your ether against… Read More

Ethereum Virtual Machine Compatible Solutions: Horizen, Auros to Enhance Liquidity For EVM-Compatible Smart Contract Platform

Horizen, a layer-0 public blockchain, and Auros, a global algorithmic trading and market making firm, have entered a strategic partnership that will increase widespread access to $ZEN in preparation for the launch of the EON ecosystem, Horizen’s new EVM-compatible smart contracting platform. The partnership is… Read More

Send this to a friend