Tagged: smart contracts

August 26, 2023 @ 2:50 pm By Tony Zerucha  |  

Quantstamp, a provider of blockchain security solutions, this week unveiled Economic Exploit Analysis. Economic Exploit Analysis identifies flash loan attack vectors in smart contracts through automated tooling before protocols get hacked. The service is based on research from the University of Toronto that Quantstamp commercialized…. Read More

August 13, 2023 @ 5:38 pm By Omar Faridi  |  

SphereX, a web3 security company, has raised $8.2 million in seed funding and launched SphereX Protect, a decentralized security solution for smart contracts. This solution prevents vulnerabilities “in the code from being exploited and maintains contract operation even under threat.” SphereX, a web3 security platform,… Read More

August 13, 2023 @ 1:52 pm By Omar Faridi  |  

Spearbit, a smart contract audit and security solutions firm with clients such as Polygon, OpenSea, Optimism and more, announced that it “has raised a $7 million funding round led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi)… Read More

August 6, 2023 @ 12:33 pm By Omar Faridi  |  

On July 30, 2023, several liquidity pools on Curve Finance were exploited, resulting in approximately $70 million in losses and triggering panic within the DeFi ecosystem, the team at Chainalysis noted. In a blog post, Chainalysis also mentioned that these hacks occurred due to “a… Read More

July 25, 2023 @ 10:17 am By Omar Faridi  |  

Neon EVM, an Ethereum Virtual Machine operating as a smart contract on Solana, announced its integration with Covalent, marking a significant step forward for both platforms. Neon EVM’s recently launched platform “allows developers to use EVM developer tools and Ethereum’s compute layer to transact on… Read More

July 14, 2023 @ 3:29 pm By Omar Faridi  |  

Giza, an artificial intelligence (AI) platform for smart contracts and web3 protocols,  announced a $3 million pre-seed round led by CoinFund, a cryptonative investment firm and registered investment adviser, “with participation from Arrington Capital, StarkWare and TA Ventures, along with prominent angels like Rand Hindi… Read More

June 25, 2023 @ 7:12 pm By Omar Faridi  |  

Amidst all the bank failures, web3 hacks, and custodian collapses of the last year, “one thing is clear: self-custody is the only security model you can truly count on,” the team at Casa noted in a recent update. The best defense for your ether against… Read More

June 15, 2023 @ 6:28 pm By Omar Faridi  |  

Horizen, a layer-0 public blockchain, and Auros, a global algorithmic trading and market making firm, have entered a strategic partnership that will increase widespread access to $ZEN in preparation for the launch of the EON ecosystem, Horizen’s new EVM-compatible smart contracting platform. The partnership is… Read More

May 29, 2023 @ 10:46 am By Omar Faridi  |  

Horizen, a layer 0 public blockchain, is pleased to announce a strategic partnership with Band Protocol, a cross-chain data oracle platform, “to provide real-time price feeds and reliable data for EON, Horizen’s new EVM-compatible smart contracting platform.” The partnership will bring decentralized oracle services “to… Read More

April 21, 2023 @ 8:23 am By Omar Faridi  |  

Societe Generale–FORGE (SG-FORGE), a “fully” integrated and regulated subsidiary of Societe Generale group dedicated to digital assets, launches the EUR CoinVertible, a digital asset that purports to maintain a stable value (stablecoin). EUR CoinVertible is “deployed in Euro denomination on the Ethereum public blockchain (ticker… Read More

April 17, 2023 @ 10:35 pm By Omar Faridi  |  

Exactly Protocol has successfully integrated Chainlink Price Feeds, streamlining the process of connecting smart contracts to asset prices. This integration enables developers at Exactly “to provide a more secure and efficient user pricing mechanism.” At Exactly, they aim “to democratize a new generation of financial… Read More

April 11, 2023 @ 1:27 pm By Omar Faridi  |  

Pine Street Labs says they are focused on making blockchains usable for all users. As noted in a blog post, each new blockchain “introduces unique transaction lifecycles, encoding schemes, consensus engines, architectures, and more.” As explained in an update from Pine Street Labs, the technical… Read More

April 9, 2023 @ 3:03 pm By Omar Faridi  |  

The team at TwoX Protocol, which claims to be a decentralized finance protocol issuing yield generative stablecoin, is pleased to announce that TwoX protocol will be “launched on Arbitrum.” Their team have been “researching & discussing which infrastructure is great fit to deploy TwoX primarily since… Read More

April 7, 2023 @ 4:05 pm By Omar Faridi  |  

Ocean Protocol, the decentralized smart-contract platform for data sharing and monetization, has integrated with Orbis, the Web3 social protocol allowing end-to-end encrypted communication between users. This integration “provides all users of the Ocean Market with the right tools to engage and communicate with data buyers… Read More

March 31, 2023 @ 6:49 pm By Omar Faridi  |  

IOTA, the non-profit organization driving the development of an open, feeless, and highly scalable distributed ledger technology (DLT) for Web3 applications and digital economies, announces the launch of the ShimmerEVM test chain on the Shimmer testnet. With IOTA launching its incentivized staging network Shimmer last… Read More

March 30, 2023 @ 8:47 am By Omar Faridi  |  

Smart contracts will reportedly have to include a “kill switch” under an update of the European Union’s (EU) Data Act which was recently released by the bloc’s member states on Monday (March 27, 2023). The European Union’s Council, which is focused on representing national governments,… Read More

March 18, 2023 @ 2:57 pm By Omar Faridi  |  

National Australia Bank (NAB) has completed an intra-bank cross-border transaction using NAB-issued stablecoin, which represents a “world-first” by a major financial institution on a layer-one public blockchain. This pilot transaction on the public and permissionless Ethereum blockchain “involved deployment of stablecoin smart contracts for seven… Read More

March 3, 2023 @ 9:17 am By Omar Faridi  |  

EquiLend announces that it has selected Digital Asset in order “to provide the distributed ledger technology underpinning the EquiLend 1Source initiative.” Unveiled in July 2022 as part of EquiLend’s Digital Transformation Working Group, which consists of many of the world’s largest banks and broker-dealers, 1Source… Read More

February 22, 2023 @ 4:07 pm By Omar Faridi  |  

Sentio has raised $6.4 million to bring modern observability to decentralized applications. The investment round was “led by Lightspeed Venture Partners with participation from industry leaders Hashkey Capital, Canonical Crypto, Essence VC and GSR Ventures.” The Sentio team “consists of veteran engineers from Google, Linkedin,… Read More

January 29, 2023 @ 6:05 pm By Omar Faridi  |  

Astroport, which claims to be one of the most “popular” decentralized exchanges, launched its beta on the Injective testnet. Injective is described as a fast blockchain built for finance. As the “first” smart contracts platform optimized for building decentralized finance applications, dApps such as Astroport… Read More