Tagged: smart contracts

September 17, 2024 @ 9:48 am By Omar Faridi  |  

Chainlink, the industry-standard decentralized computing platform, and ZKsync, an ever expanding verifiable blockchain network secured by math, announced that Chainlink CCIP, the industry-standard cross-chain protocol, is now live on ZKsync’s Era Mainnet. This is the next phase between Chainlink and ZKsync, and is “in line… Read More

August 15, 2024 @ 8:22 am By Omar Faridi  |  

CertiK notes that during the past few months, their team has conducted extensive research on the Bitcoin ecosystem and its developments. CertiK also audited several Bitcoin projects and smart contracts based “on different languages, including OKX’s BRC-20 wallet and MVC DAO’s sCrypt smart contract implementation.”… Read More

April 26, 2024 @ 9:00 am By Omar Faridi  |  

Chainlink is pleased to announce that the Chainlink Cross-Chain Interoperability Protocol (CCIP) has officially entered general availability (GA). Any developer can now permissionlessly use CCIP “to securely transfer onboarded tokens cross-chain, send arbitrary messages to smart contracts on another integrated blockchain, or simultaneously send data… Read More

April 17, 2024 @ 11:18 am By Omar Faridi  |  

Aon plc (NYSE: AON), a global professional services firm, announced the successful completion of an innovative pilot for placing insurance using blockchain and smart contract technology. The pilot was conducted with Nayms SAC Ltd., “a crypto-compatible insurance marketplace, and Copper.co, a digital assets custodian.” Benefits… Read More

April 12, 2024 @ 12:23 pm By Omar Faridi  |  

Circle, a global digital financial technology firm and the issuer of USDC, announced new smart contract functionality that would allow holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to transfer their shares to Circle for USDC. This smart contract reportedly provides BUIDL investors… Read More

February 1, 2024 @ 7:57 pm By Omar Faridi  |  

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

January 20, 2024 @ 12:56 am By Omar Faridi  |  

Michael Nadeau, the founder of The DeFi Report who also helps startups and asset managers, has pointed out that Ethereum (ETH), the world’s largest smart contract platform, reached $10 billion in revenue “faster than any other major software company besides Google.” Although this may be… Read More

January 3, 2024 @ 8:49 am By Omar Faridi  |  

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

December 19, 2023 @ 7:39 pm By Omar Faridi  |  

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

December 18, 2023 @ 9:47 am By Omar Faridi  |  

Atul Bhuchar, Head of Product at Partior, the global unified ledger market infrastructure for clearing and settlement, recently shared his views and insights with Crowdfund Insider. Partior claims it is redefining the way money moves globally by “optimizing how liquidity is accessed.” Founded in 2021,… Read More

December 13, 2023 @ 8:37 am By Omar Faridi  |  

Today, less than 0.25% of total global assets are “represented on blockchain infrastructure, leaving massive efficiency gains uncaptured,” according to an update from Coinbase (NASDAQ:COIN). Coinbase says that its goal is “to close this gap by enabling institutional use of next-generation financial technology.” Project Diamond… Read More

December 11, 2023 @ 10:20 am By Omar Faridi  |  

On December 5, 2023, thirdweb, a Web3 foundational development platform, reported security vulnerabilities in its pre-built smart contracts. As noted in a blog post by SlowMist, this issue affects all tokens “deployed using these pre-built smart contracts, including ERC20, ERC721, and ERC1155 tokens.” Based on… Read More

December 4, 2023 @ 10:00 pm By Omar Faridi  |  

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

December 2, 2023 @ 8:47 am By Tony Zerucha  |  

Today, digital asset security firm Fireblocks announced the acquisition of BlockFold, a smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions. Fireblocks said the acquisition enriches its tokenization capabilities to provide clients with a complete service layer that includes advisory, token… Read More

November 24, 2023 @ 11:56 am By Omar Faridi  |  

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

October 29, 2023 @ 7:57 pm By Omar Faridi  |  

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

October 29, 2023 @ 5:52 pm By Omar Faridi  |  

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

October 21, 2023 @ 2:33 pm By Omar Faridi  |  

Copper.co, one of the industry’s digital asset custodians, is announcing further growth of integrated blockchains with Stacks, a network that enables the creation of decentralized applications (dApps) and smart contracts on top of the Bitcoin blockchain. Stacks reportedly combines “the strength, security, and capital of… Read More

September 21, 2023 @ 10:51 am By Omar Faridi  |  

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

September 20, 2023 @ 8:46 am By Omar Faridi  |  

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