Tagged: smart contracts

Ethereum to Move Transactions Off Mainnet and Onto Layer-2, ETH-Compatible Chains: Report

Now that Ethereum (ETH), the world’s largest smart contract platform, has completed the Merge, it’s time to get ready for the next set of Ethereum upgrades – “the Surge, Verge, Purge, and Splurge.” As noted in an update released via an OKX – Okcoin research… Read More

Fireblocks, Tokeny Support Adoption of Permissioned Tokens on Polygon

Fireblocks, the provider of digital asset and crypto custody technology, and Tokeny, the tokenization solution provider, announced their partnership “to provide a turnkey and enterprise-grade solution for tokenization using the ERC-3643 market standard on Polygon.” Institutions seeking to mint and manage permissioned tokens such as… Read More

RedStone Finalizes $7M Seed Round from Lemniscap, Blockchain Capital, Coinbase Ventures, Others

The team at RedStone is pleased to announce that in August 2022, they successfully raised a $7M seed round led by Lemniscap in order “to pursue [their] mission of powering Web3 innovation with a novel approach to on-chain data storage.” The funds will play a… Read More

Injective Acquires $40M from Jump Crypto, BH Digital to Support Growth

Injective, a blockchain built for finance, recently announced a new $40 million funding round led by Jump Crypto. BH Digital, the crypto arm of famed hedge fund manager Alan Howard, has also joined the investment round. Injective claims it is “the first fully decentralized smart… Read More

Bitcoin based Smart Contracts: DFINITY Focused on Internet Computer Integration with BTC Network

Advanced smart contracts are “finally coming” to Bitcoin. The DFINITY R&D team has announced “the beta release of the Internet Computer’s direct integration with the Bitcoin network, which eliminates any reliance on a trusted intermediary or bridge.” Developers can immediately “begin testing and building with… Read More

$156M Lost by Nomad in Sixth Major Crypto Bridge Exploit of 2022: Report

Nomad – a bridge network allowing users to convert their assets across blockchains – was “exploited for over $156.4 million on August 1st.” Over 40 attackers utilized a code error that “allowed them to spoof transactions – draining Nomad’s Ethereum contract of most of its… Read More

Coorest Receives Chainlink Grant to Develop dApp for Carbon Trading, Offsetting

With growing global concern around the climate emergency and unsustainable agricultural practices, many countries, enterprises, and startups are “collaborating to build sustainable solutions that tackle the harmful effects of climate change,” according to an update from Chainlink. At the forefront of the battle against climate… Read More

Kraken Is Offering Expanded Margin Pairs for BTC, XRP, ETH, MATIC, LINK, DOGE, SOL, MANA

The team at digital asset firm Kraken is pleased to announce that their crypto trading platform now supports new margin pairs “for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)!” Margin trading is now available for… Read More

Fintech Paystand Introduces AR-Centric Dynamic Discounting App

Paystand, which claims to be the leader in blockchain-enabled B2B payments, introduced the “world’s first” dynamic discounting application “designed for seller accounts receivable (AR) teams and powered by Ethereum smart contracts.” This is the first solution “to enable seller AR teams to offer buyer accounts… Read More

SithSwap Acquires $2.65M to Build “Next-Gen” Automated Market Maker on StarkNet

SithSwap, a “next-generation” automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round “led by Lemniscap, with participation from Big Brain Holdings, GSR, DWeb3 Capital, Ghaf Capital Partners, as well as angel investors Anthony… Read More

New L1 Blockchains Are Expanding DeFi Ecosystem, No Ethereum Killers Yet: Chainalysis Report

Nearly all crypto tokens fall into one of two categories: Layer 1s and Layer 2s, according to an update from Chainalysis. Chainalysis writes in a report that Layer 1s are tokens “with their own blockchains, while Layer 2s are built on top of Layer 1… Read More

OceanONDA V4 Live with Data NFTs, Solving Rug Pulls and Improved Community Monetization

Ocean Protocol, the open-source, decentralized data exchange protocol to unlock data for AI, announces the launch of OceanONDA V4. The upgrade caters to data publishers, data consumers, and data marketplace operators “with data NFTs for more flexible data management, one-sided staking to solve rug pulls,… Read More

Oracle Solution Provider Pyth Network Deploys First-Party Financial Data on BNB Chain

The Pyth network, a specialized oracle solution for “latency-sensitive” financial data that is typically kept behind the “walled gardens” of centralized institutions, recently announced the deployment of its first-party financial data on BNB Chain, a “community-driven,” “decentralized” and “censorship-resistant” blockchain, and integration with BNB Application… Read More

Craig Blitz: Chief Product Officer at Digital Asset Reveals that Goldman Sachs Is Using Daml 2.0 for its Initiatives

We recently connected with Craig Blitz, Chief Product Officer at Digital Asset, which is building the platform, developer tools, and leveraging the best modern infrastructure providers “to change how businesses interact.” Digital Asset (the company) is the creator of the Daml multi-party application platform. Our… Read More

CertiK, a Smart Contract and Blockchain Security Firm, Releases Report on Web3 Security

CertiK, the international provider of smart contract and blockchain security, has released its latest report on the state of security in Web3 for Q1 2022. The report provides insights into the future of Web3 following the “greatest” losses in existence, closing out a surge in… Read More

Quantum Computing: API3 to Bring Quantum Random Numbers to Blockchain

API3, the first-party blockchain Oracle solution offering a “seamless” Web3 wrapper that enables web API providers to offer their data directly on-chain, recently announced that API3 QRNG, based on the Australian National University (ANU) Quantum Numbers API, “is now live, allowing Web3 entities to access… Read More

Liminal, the Enterprise-Grade Platform for Digital Custody, Introduces the Avalanche Partner Program

Liminal, an “enterprise-grade” platform for digital asset custody, has announced a partner program with Avalanche, which claims to be the “fastest” smart contracts platform in the blockchain industry, “to secure projects built on their platform.” As noted in an update shared with CI, the collaboration… Read More

Net Zero: Telos Blockchain Claims it has Neutralized its Past and Present Carbon Footprint

Telos Blockchain (TLOS) is pleased to announce to the “billion-plus” global citizens that celebrate and embrace Earth Day that they now have a carbon-neutral smart contract option. Telos with the consulting aid of Plannet Zero, part of RedShaw Advisors Ltd, a carbon risk management and… Read More

Digital Securities: ADDX Introduces Private Market Services for Wealth Managers

Wealth managers may now introduce more of their end-investors to the world of private investments via a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices may also “take part in the space via a corporate service to diversify their portfolios… Read More

Digital Assets: LFG to Acquire $100M in AVAX Tokens to “Strategically” Align Terra, Avalanche Ecosystems

The Luna Foundation Guard (LFG), a recently formed non-profit to support decentralization, economic sovereignty, and foster the growth of the Terra ecosystem, “will add AVAX to its new UST Decentralized Forex Reserve.” By diversifying the base of non-correlated assets “to major assets like BTC and… Read More

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