Some worry the text, a version of which was already agreed on by the European Parliament, will prove impossible to meet for most smart contracts.
Visa: Token bridges were a favored target for thieves in 2022
The fraudsters would normally exploit the smart contracts to allow for the approval of unauthorized transactions.
Web3 Security Company Ironblocks Takes Aim at Spate of DeFi Hacks
Ironblocks is the latest Israeli startup to build a protocol monitoring solution for crypto.
ChatGPT won’t replace developers – ETHDubai devs weigh in
The latest version of ChatGPT is able to identify Ethereum smart contract vulnerabilities and exploits – but will it replace developers in the future?
EU Parliament’s Smart Contract Plans Limit Standard-Setting Promise, EU Commissioner Says
Controversial lawmaker proposals on data use may no longer meet original objectives, Thierry Breton told reporters
Europarliament approves Data Act that requires kill switches on smart contracts
The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community.
EU Parliament Passes Bill Requiring Smart Contracts to Include Kill Switch
The new law has attracted controversy for endangering the immutable nature of blockchain-based conditional programs
Privacy-focused blockchain network closes Aztec Connect tool
The research made with Aztec Connect will be usable and critical to the development of a next-generation blockchain, Aztec Network said.
AAVE DAO votes for ‘rescue plan’ to save lost tokens
The plan intends to allow developers to recover tokens from certain AAVE contracts and send them to owners who transferred them by mistake.
How are crypto launchpads revolutionizing the DeFi industry?
The Web3 capital ecosystem has its own version of accelerator programs in crypto launchpads. But are these beneficial models?
Ethereum Activates ‘Account Abstraction’ Touted by Co-Founder Buterin as Key Advance
The news of the upgrade, via the deployment of ERC-4337 as a smart contract, will be shared at an ETHDenver-related event, known as WalletCon.
Chainlink Launches Platform to Help Web2 Connect With Smart Contracts
The beta version of Chainlink Functions is now live on Ethereum Sepolia and Polygon Mumbai testnets.
Uniswap DAO debate shows devs still struggle to secure cross-chain bridges
Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized.
Platypus attack exploited incorrect ordering of code, auditor claims
The misordered lines caused a solvency check to be performed before the user’s amount, factor, and rewardDebt had been set to zero
Fed governor Waller says crypto ecosystem has distinct parts with varying potential
Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
German DekaBank plans to launch tokenization platform by 2024
DekaBank’s partnership with Metaco is not about cryptocurrencies like Bitcoin but the tokenization of bonds and stocks.
Bank of England thinks digital pound can co-exist with private stablecoins
The central bank wants an e-GBP to be retail-focused and could form part of a “mixed payments economy” alongside cryptocurrency stablecoins.
Visa’s crypto strategy targets stablecoin settlements
At the StarkWare Sessions 2023, Visa’s Cuy Sheffield shared the company’s vision for digital assets.
Australia introduces classification for crypto assets
The national regulators identified four major products in the crypto sector.
California cannabis producer adopts blockchain to track its weed
Clones will be certified with a smart contract on the blockchain to verify their authenticity and genetic lineage.