Tagged: smart contracts

August 21, 2021 @ 7:51 pm By Omar Faridi  |  

The team at Astra Protocol, which aims to equip the decentralized finance (DeFi) space with a complete legal layer and unlock the future growth of the industry, notes that operating within DeFi comes with “unpredictability” as well as key opportunities. Some of the main benefits… Read More

August 18, 2021 @ 11:20 am By Omar Faridi  |  

Umbrella Network, the decentralized Layer-2 Oracle network, revealed that it has launched its community validator program. As mentioned in a release shared with Crowdfund Insider, the onboarding of community validator members will aim to “democratize” Oracle data and enable members or participants of the network… Read More

August 14, 2021 @ 3:19 pm By Omar Faridi  |  

The teams at Polygon and Hermez Network have reportedly agreed on a “public network merge.” This development has come just a few weeks after discussions and has been possible because of the “great level” of harmony between both teams, which “share the common goal of… Read More

August 12, 2021 @ 7:07 pm By Omar Faridi  |  

Telos (TLOS), which is one of the fastest blockchains according to Blocktivity data, reveals in its bi-weekly technical update report that they’ve made some upgrades to the Telos Ethereum Virtual Machine (EVM). The Telos development team notes that this will be their final technical update… Read More

August 12, 2021 @ 10:26 am By Omar Faridi  |  

Broadridge Financial Solutions, Inc. (NYSE:BR), an international Fintech operation, reveals that UBS (NYSE: UBS) has now officially joined its “transformative” distributed ledger repo (DLR) platform. Early participants of the blockchain or DLT-powered platform are being able to accelerate their digital or online journey and realizing… Read More

August 12, 2021 @ 8:07 am By Omar Faridi  |  

The Poly Network attacker has been returning funds after managing to pull of the largest DeFi theft ever. On, August 10, 2021, an unidentified attacker had managed to steal around $612 million worth of virtual currency from cross-chain DeFi protocol Poly Network, making this the… Read More

August 11, 2021 @ 10:00 am By Omar Faridi  |  

On Wednesday, August 4, 2021, Lattice Exchange, a decentralized finance (DeFi) platform that connects all blockchain or DLT networks and enables users to transfer cryptocurrency in a seamless manner between each other, introduced the Lattice Launchpad, which is described as a “one-stop” shop for blockchain… Read More

August 7, 2021 @ 11:27 am By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers Axie Infinity, NFT Bots, and Mirror. Spencer Noon notes in their weekly update that Axie Infinity has “steadily” seen about 25,000 daily users “with on-chain transactions”… Read More

August 5, 2021 @ 9:27 am By Omar Faridi  |  

Ethereum (ETH), the world’s second-largest crypto platform, behind only Bitcoin (BTC) in terms of market capitalization, is set to undergo one of the most significant upgrades in its history. The major Ethereum blockchain network upgrade is set to take place in a few hours (at… Read More

August 1, 2021 @ 7:38 pm By Omar Faridi  |  

We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More

August 1, 2021 @ 11:48 am By Omar Faridi  |  

The Open Earth Foundation has reportedly been awarded a Chainlink Grant to develop am open-source, planetary CO2 concentration Oracle. As mentioned in the announcement, Climate impacts everyone, from multinational corporations overseeing complex supply chains to individual farmers “managing unpredictable crop yields.” While the totality of… Read More

July 29, 2021 @ 9:13 am By Omar Faridi  |  

Secured Finance, a platform provider for the crypto loans and the derivatives market, says it has acquired $4 million in capital as part of its “oversubscribed” seed round. The successful raise, with demand of “more than double” of Secured Finance’s initial target, has been co-led… Read More

July 28, 2021 @ 1:57 pm By Omar Faridi  |  

The developers of NEO, a blockchain platform supporting an open network and smart economy, reveal that the Neo Frontier Launchpad winners were recently announced. Around two months back, the NEO team had put out a call for “trailblazers” who were “up to the challenge” of… Read More

July 27, 2021 @ 12:04 pm By Omar Faridi  |  

We recently connected with Fernando Martinelli, the Co-founder and CEO at Balancer Labs, which supports the ongoing development of Balancer, an automated portfolio manager and digital asset liquidity provider. As covered in May 2021, Balancer Version 2.0, the “most flexible” and efficient automated market maker… Read More

July 23, 2021 @ 5:20 pm By Omar Faridi  |  

Chainlink (LINK) price feeds are now live on Avalanche mainnet, which should help pave the wave for advanced decentralized finance (DeFi) apps. Developers are now able to create externally connected smart contracts on Avalanche mainnet by utilizing Chainlink-based decentralized Oracle networks. As noted in an… Read More

July 22, 2021 @ 9:53 pm By Omar Faridi  |  

Provenance is a Cosmos-powered blockchain whose goal is to create a “vibrant” ecosystem of decentralized financial (DeFi) services for a variety of financial institutions such as asset originators, fund managers, servicers, banks, and investors. The Proof of Stake (PoS) blockchain is “distinguished by three elements:… Read More

July 19, 2021 @ 6:14 pm By Omar Faridi  |  

The team at global Fintech Circle, which will go public in a $4.5 billion SPAC deal, notes that the promise of decentralized finance (DeFi) is to transform or fundamentally improve financial services by offering greater transparency, security, and community governance by leveraging blockchain or distributed… Read More

July 18, 2021 @ 1:17 pm By Omar Faridi  |  

Digital assets firm Gemini notes that it’s pleased to announce support for Cryptex Finance (CTX) and Total Crypto Market Cap (TCAP). CTX is currently available for trading and custody on Gemini, as of July 13, 2021. Trading for CTX is available on the crypto exchange’s… Read More

July 10, 2021 @ 2:33 pm By Omar Faridi  |  

The team at Avalanche, a organization developing decentralized finance protocols and other distributed ledger tech (DLT)-based solutions, reveals that it’s preparing for the next generation Avalanche Bridge (AB). AB will be “10x faster and 5x cheaper” than the Avalanche-Ethereum Bridge (AEB), according to an update… Read More

July 8, 2021 @ 11:17 pm By Omar Faridi  |  

Taproot has now been locked in and should activate in November of this year. Taproot is the name of various technological innovations that have all been bundled together. When they are activated, they should make Bitcoin (BTC) transactions significantly cheaper and also more private, along… Read More