Tagged: smart contracts

April 16, 2021 @ 7:09 pm By Omar Faridi  |  

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

April 16, 2021 @ 5:37 pm By Omar Faridi  |  

The team at Chainlink (LINK), the leading decentralized Oracle Network provider, has published a whitepaper titled, Chainlink 2.0: Next Steps in the Evolution of Decentralized Oracle Networks. Released on April 15, 2021, the paper notes that the team has a vision for the “evolution” of… Read More

April 11, 2021 @ 7:50 pm By Omar Faridi  |  

Cryptocurrency intelligence firm CipherTrace is reportedly using Chainlink to release CipherTrace DeFi Compli: a compliance solution enabling decentralized or non-custodial exchanges (DEXs) and other DeFi apps to adhere to the Office of Foreign Assets Control (OFAC) sanctions requirements. As part of its decentralized finance (DeFi)… Read More

April 9, 2021 @ 8:21 am By Omar Faridi  |  

Alonzo will be developing on Cardano’s (ADA) token upgrades in order to give application developers the tools needed for creating business applications. IOHK, which supports Cardano development, notes in a blog post that at the beginning of March 2021, they implemented Mary ‒ which is… Read More

April 5, 2021 @ 8:19 pm By Omar Faridi  |  

Suterusu, which claims to be the first-ever layer-2 privacy protection protocol that doesn’t need a “trusted setup,” has reportedly acquired a strategic investment from Fundamental Labs. As mentioned in the announcement, Fundamental Labs will be focused on expanding Suterusu’s ecosystem and will be deploying Suterusu’s… Read More

April 3, 2021 @ 8:31 am By Omar Faridi  |  

Binance Labs recently led a $6 million “strategic” round of the Moonbeam smart contract platform along with contributions from CoinFund and ParaFi. The funds acquired from the investment round will be used to hire development resources, “build additional integrations and developer tools, perform third-party security… Read More

March 31, 2021 @ 10:17 pm By Omar Faridi  |  

The developers of Clever DeFi (CLVA), a crypto token that claims to offer 307% returns during the first year and 445% during the second year, state that they’re the first “pure-DeFi” initiative  with “zero team tokens and complete decentralization.” Clever DeFi also claims that it’s… Read More

March 28, 2021 @ 2:29 pm By Omar Faridi  |  

The team at Chainlink (LINK), the developers of decentralized Oracle networks, recently revealed that Hack.bg has received a Grant for performing native Integrations of Chainlink on Terra. The Chainlink Community Grant Program offers key financial resources to various development teams and researchers creating a “more… Read More

March 27, 2021 @ 2:29 pm By Omar Faridi  |  

  Vladimir Zhuravlev recently commented on why we should consider using the Waves protocol for building decentralized finance or DeFi apps. Zhuravlev, who’s a Waves developer advocate, has discussed in a blog post what the advantages might be of using the Waves protocol for creating… Read More

March 26, 2021 @ 9:44 pm By Omar Faridi  |  

US-based digital assets firm Gemini reports that their clients are now “collectively earning interest” on over $1 billion worth of loans that have been originated via Gemini Earn. The company reveals that they’ve reached this milestone just 2 months after the introduction of Gemini Earn… Read More

March 21, 2021 @ 11:19 pm By Omar Faridi  |  

Blockchain security firm CipherTrace has provided an analysis on the proposed Financial Action Task Force (FATF) guidance for digital assets and virtual asset service providers (VASPs). On March 19, 2021, global anti-money laundering watchdog, the FATF, released a public consultation for its latest Draft Guidance… Read More

March 15, 2021 @ 5:26 pm By Omar Faridi  |  

Cardano (ADA), a major blockchain platform for building decentralized applications or dApps, has introduced an extended UTXO accounting model that’s developed specifically to support multi-assets and smart contracts. Cardano developers recently provided an overview of the Extended UTXO model that’s being employed by Cardano. The… Read More

March 14, 2021 @ 10:49 am By Omar Faridi  |  

Chainlink notes in a blog post that “secure, up-to-date” price data is the “centerpiece” of many financial applications. This data is regularly used to initiate transactions and “derive” various other instruments and products, particularly in decentralized finance (DeFi) protocols, Chainlink explained. The decentralized Oracle network… Read More

March 6, 2021 @ 4:04 pm By Omar Faridi  |  

With over $40 billion locked into decentralized finance (DeFi) platforms (at the time of writing), according to DeFi Pulse data, it’s now clear that the era of DeFi has arrived, crypto analysts have argued. However, with many new exploits frequently taking place, there’s been significant… Read More

March 3, 2021 @ 10:34 pm By Omar Faridi  |  

Wolfram Blockchain Labs will reportedly be integrating Tezos (XTZ) into the Wolfram Language and Wolfram|Alpha. Wolfram Blockchain Labs (WBL) and TQ Tezos recently confirmed the integration of Tezos to WBL’s distributed ledger technology (DLT) platform. The Tezos blockchain is now “fully integrated” into the Wolfram… Read More

March 1, 2021 @ 10:24 pm By Omar Faridi  |  

At the end of last year, IOHK, the organization that supports open-source development including the Cardano project, announced their devnets plan to support the “longer-term strategic goal” of opening up Cardano to several different development languages – as explained in the ‘‘Island, Ocean, Pond” video…. Read More

February 28, 2021 @ 8:41 pm By Omar Faridi  |  

Decentralized Oracle network developer Chainlink (LINK) has expanded its software bug bounty program. Chainlink notes that in order to ensure their decentralized Oracle Network continues to offer smart contracts access to a secure and reliable external data source, they are pleased to confirm that the… Read More

February 24, 2021 @ 8:16 am By Omar Faridi  |  

We recently connected with Markus Jun, the founder and CEO of ICON Hyperconnect Public Representative, a leading block validator for the ICON network with $20 million in total staked value, and Hyperconnector, an official accelerator partner of the ICON Foundation & ICX Station Seoul. Markus… Read More

February 19, 2021 @ 8:55 pm By Omar Faridi  |  

The ICON Foundation has confirmed that blockchain-enabled platform ICON, one of the largest DLT initiatives in South Korea, has introduced a dedicated audit fund. The initiative has been launched in order to support the secure development for ICON’s evolving ecosystem. The ICON Foundation noted that… Read More

February 17, 2021 @ 4:35 pm By Omar Faridi  |  

After receiving a grant from the Avalanche-X program, Axelar and Avalanche are teaming up to “realize” their shared vision or goal of achieving decentralized interoperability. Axelar aims to expand its “decentralized,” cross-chain communication network to include Avalanche, which is building the “Internet of finance.” As… Read More