Tagged: smart contracts

February 15, 2020 @ 10:21 am By Omar Faridi  |  

bZX, a leading Ethereum-based decentralized finance (DeFi) lending protocol has reportedly been exploited. Although the exact amount of Ether (ETH) lost due to the exploit has not been confirmed, Kyle Kristner, co-founder at bZx, says “a portion of ETH [was] lost.” As reported by The… Read More

January 13, 2020 @ 9:42 am By Omar Faridi  |  

The blockchain-enabled smart contract auditing solution developers at ChainSecurity have teamed up with the Switzerland-based division of Big Four auditing company PricewaterhouseCoopers (PwC), in order to streamline the services the multinational auditor provides. According to statements shared with Cointelegraph, a PwC representative confirmed that no… Read More

January 5, 2020 @ 11:51 pm By Omar Faridi  |  

Luc Falempin, CEO at Tokeny Solutions, a compliant security tokenization platform, recently shared his views and insights with Crowdfund Insider. Tokeny helps mid-cap firms, investment banks, funds, asset managers and distributors to “dematerialize” assets on the blockchain, which allows them to reach a global audience,… Read More

December 27, 2019 @ 4:15 pm By Omar Faridi  |  

We recently caught up with Dr. Xiang Xie, Algorithm Scientist of PlatON, a globally accessible “trustless” computing network, which recently revealed that it co-organized and supported the second iteration of the “Crypto Innovation School” (CIS). CIS is reportedly accredited by the International Association for Cryptologic… Read More

December 16, 2019 @ 10:30 pm By Omar Faridi  |  

Jack O’Holleran, CEO and co-founder at SKALE Labs, a company that’s developing solutions to improve blockchain consensus mechanisms, recently shared his views and insights with Crowdfund Insider. According to SKALE’s management, decentralized platforms must have greater throughput and lower transaction costs to satisfy the requirements… Read More

December 11, 2019 @ 12:48 pm By JD Alois  |  

The creators of the open-source ​DAML​ smart contract language, ​Digital Asset​ (DA), has raised approximately $35 million in Series C funding from new and existing investors. According to DA, the latest financing round brings the total amount raised by the company to $150 million. Yuval… Read More

November 7, 2019 @ 6:38 am By Omar Faridi  |  

London-based Thought Machine, a Fintech firm that aims to address the banking sector’s dependence on legacy IT infrastructure, revealed on November 6 that it’s launching “Vault Rare.”  Vault Rare is a new product that will be integrated on top of Thought Machine’s cloud-native banking platform,… Read More

October 10, 2019 @ 9:48 pm By Omar Faridi  |  

The Vanguard Group, a registered investment advisor headquartered in Malvern, Pennsylvania with more than $5.3 trillion in assets under management, has teamed up with Symbiont, a crypto startup backed by Nasdaq Ventures. The partnership between Vanguard and Symbiont involves developing a trading platform for the… Read More

September 28, 2019 @ 3:48 pm By Omar Faridi  |  

IOVLabs, the parent company behind RSK’s open-source Bitcoin smart contract network, announced on September 27 its acquisition of Taringa, a Spanish-language social media network. IOVLabs has reportedly set aside $5 million in assets for developing products for Taringa, according to a release. The company’s management… Read More

June 27, 2019 @ 10:09 am By JD Alois  |  

Clause Announces $5.5 Million Series A Round Galaxy Digital and DocuSign have joined to back a $5.5 million Series A round in smart contract cloud firm “Clause.” Existing investors BN Capital at Lerer Hippeau, and Seedcamp participated. Several new investors participated including Raptor Group, Galaxy… Read More

June 10, 2019 @ 9:45 am By JD Alois  |  

Aspiring Ethereum replacement Zilliqa has launched smart contract functionality on its blockchain platform. Zilliqa is one of a handful of blockchain platforms seeking to address shortcomings in the sector. Zilliqa using sharding to speed up its transactional rate – a priority for many potential blockchain… Read More

November 27, 2018 @ 9:54 am By JD Alois  |  

The US Commodity Futures Trading Commission (CFTC) has published a primer on “Smart Contracts” today. The document has been created by the CFTC’s innovation division – LabCFTC. LabCFTC Director Daniel Gorfine commented that smart contracts are being used to drive automation in markets and may… Read More

November 23, 2018 @ 10:30 am By Aubrey Hansen   |  

Three years into the smart contract revolution that should have brought us international, completely free and trust-independent markets, the time has come to see how far we’ve gotten and what remains from the grand idea. During its early beginnings, the Ethereum project was often introduced… Read More

October 22, 2018 @ 5:10 pm By JD Alois  |  

Y-Combinator grad Synthetic Minds has just announced a $5.5 million seed round led by Pantera Capital and Khosla Ventures. Synthetic Minds is tech that works to bullet proof smart contracts. According to founder Saurabh Srivastava, they protect smart contracts by “using formal methods to synthesize their… Read More

October 18, 2018 @ 12:01 pm By Cali Haan  |  

Developers that write predictive smart contracts could be subject to various types of enforcement action and liability, CFTC Commissioner Brian Quintenz told an audience in Dubai yesterday. Quintenz, whose agency regulates derivatives markets in the US, singled out both securities-preformance predictive software (“It could look… Read More

September 11, 2018 @ 5:21 am By Erin Hobey  |  

The Waves Platform, a decentralized global platform offering an ecosystem for blockchain developers, has begun its process of activating Smart Contracts on the platform’s MainNet. According to the platform, Waves released a new system protocol for its blockchain, the first stage of the launch of Smart… Read More

September 7, 2018 @ 4:08 pm By Stephanie Vaughan  |  

Blockchain, as we all know, is the technology behind cryptocurrencies, such as Bitcoin, and now it is all set to revolutionize the music industry.  Other industries across domains have started leveraging Blockchain technology to explore functions such as transparency, automation of execution, direct payments in… Read More

April 3, 2018 @ 9:00 am By JD Alois  |  

Sagewise says that more than $500 million was lost in Smart Contracts that ended up being not so smart during 2017. While everyone wants to believe in a “trustless” digital society that is not always the case. To better manage this issue, Sagewise has launched… Read More

February 19, 2018 @ 2:20 pm By JD Alois  |  

Ethereum (and Solidity for that matter) are far from perfect. While lauded for the ability to create smart contracts that are “immutable”, when something goes wrong and money disappears with no recourse, immutability may be the number one problem. Right? Ethereum is pretty cool, but… Read More

November 9, 2017 @ 3:29 pm By Amy Wan and Daniel Rice  |  

Well, here we are again. On November 6, Parity encountered yet another failure, and the result? Reportedly, some $150 to $300 million dollars worth of Ether (we are hearing conflicting reports as to how much ETH has been frozen) is locked down, and we’re hearing… Read More