Crypto merchant bank Galaxy Digital has led a $ 5.5 million Series A for Clause, a digital contract management startup that uses blockchain tech.
CoinDesk
Kadena Releases Updated Smart Contract Language for ‘Hybrid Blockchains’
The enterprise blockchain startup has updated its Pact programming language to allow smart contract execution between private and public networks.
CoinDesk
Digital Asset’s Smart Contract Language Now Works on Hyperledger Blockchains
Digital Asset is integrating its smart contract language into the Hyperledger Sawtooth enterprise blockchain platform.
CoinDesk
Xena Launches Leveraged Contract for Yet to Be Released Telegram Token
The Telegram token (gram) has started trading as a perpetual contract on London-based Xena Exchange. On Mar. 12, the crypto exchange launched a derivative contract for gram, with up to 100x leverage. The Xena-listed perpetual contracts are publicly tradable and are intended to provide liquidity for the gram token ahead of its release later this year.
Also read: Malta Appoints Cybersecurity Firm Ciphertrace to Monitor Crypto Transactions
Derivatives Aimed at Institutional Investors
Xena’s derivatives initially became available on Feb. 28 in beta for a limited number of users and are now open to the public with effect from Tuesday, March 12. In a statement, Xena chief executive officer Anton Kravchenko explained that the development of the derivatives market was aimed at institutional investors.
Coinbase Purchased Neutrino for $13.5 M, Acquisition Contract Shows
Cryptocurrency exchange Coinbase purchased controversial Italian software services provider Neutrino for $ 13.5 million (€12 million), a copy of a legal document dated February 15, 2019, and shared with Bitcoin Magazine reveals. The hard numbers of the acquisition were previously unknown.
The document leak comes after a week of turbulent developments following the February 19 acquisition. Community members, namely Block Digest podcast member Janine, began to raise ethical concerns stemming from the company’s shared past with Hacking Team, an Italian, man-in-the-middle software provider whose malware and spyware has been linked to human rights and privacy abuses around the globe.
Bitcoin’s Social Contract Must Be Resilient to the Whims of Future Generations
Over the last few years, infighting and different visions has led to significant divides within the Bitcoin community, weakening the network effects no matter which chain you support. With all the arguments about scaling, privacy, consensus changes and the various forks, it is amazing that these public networks are still thriving. Nevertheless, the people who maintain the various software protocols that communicate with Bitcoin and the network’s many participants have lives that are finite — which means we don’t know if future generations will change the social contract Satoshi Nakamoto created years ago.
COVA, a Promising Smart Contract of Data, Proudly Announced Partnership with BitMax.io (BTMX.com)
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Cardano Founder Charles Hoskinson Explains Why ADA’s New Smart Contract Tools are a Boon for Fintech
IOHK, a leading blockchain research and development firm, announced two tools developed by a world-leading team for writing smart contracts for the Cardano blockchain. The apps are called Plutus and Marlowe and were launched in test format at the first PlutusFest conference in Edinburgh, Scotland. These powerful tools will enable start-ups, the financial services and
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BitMart Announces Partnership with CertiK in Blockchain Security and Smart Contract Auditing
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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Nearly 1% of the Total Ethereum Supply is Locked in the MakerDAO Smart Contract
MKR.tools creator Mike McDonald raised a celebratory alarm on Twitter yesterday morning. According to the Ethereum blockchain, about 1 million ether – or almost 1 percent of the total Ethereum supply – is presently locked in MakerDAO smart contracts. There is now 1,000,000 ETH locked in @MakerDAO smart contracts as of this morning 🎉. A
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Oyster Protocol Founder Exit Scams, Steals $300,000 from ICO Smart Contract
Oyster Protocol is a hybrid IOTA/Ethereum smart contract platform designed to help websites garner revenue. Instead of traditional advertising, users of websites contribute their computing resources, enabling the website owner to garner Oyster Pearls (PRL) by securing and contributing to services offered by Oyster. PRL — which is an ERC-20 token and runs on Ethereum
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Meet ‘Spedn’ — A Smart Contract Programming Language for Bitcoin Cash
On Wednesday, a developer called Tendo Pein announced the launch of a new smart contract programming language for the Bitcoin Cash network. Pein said “Spedn,” a BCH-based language, is designed for explicitness and safety while having a syntax similar to the C programming environment.
Also read: BCH Devcon Streamlines Bitcoin Innovation in San Francisco
High-Level BCH Smart Contracts
Guest Spot: Insights into Ethereum Smart Contract Development
Many of you have probably questioned the usefulness of blockchain in general and Ethereum in particular. Some of you may have gone further in your curiosity and came across numerous fancy characteristics, such as decentralization, transparency, trust without intermediaries, and hack resistance. That’s remarkable, isn’t it? It sure is, but… In its current state, blockchain
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Smart Contract Devs Liable for How dApps are Used: CFTC’s Quintenz
One of the top markets regulators in the United States said yesterday that he believes smart contract developers should in some instances be held liable when their blockchain applications are used in conjunction with illegal activities. Brian Quintenz, a commissioner at the Commodity Futures Trading Commission (CFTC), made this statement on Monday at the GITEX
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5 Smart Contract Competitors to Ethereum
Competition is always a good thing, especially in the world of blockchain and cryptocurrency. Even though a lot of people still focus on Ethereum when it comes to smart contracts, various competitors have emerged. The following projects – which only represent some of the top players – are listed in alphabetical order.
1. EOS
Even though EOS is still a relatively new project, it has attracted a lot of attention and remains one of the bigger competitors to Ethereum at this stage. This project still has everything to prove, but the developers are confident they can create the ultimate blockchain platform and a safer hub for smart contracts. With support for dApps to be built on top of EOS, it will be interesting to see if it can fare any better than Ethereum, which is still struggling for traction in this regard.
Playboy Suing Cryptocurrency Company Over Breach of Contract
Playboy Enterprises has filed a lawsuit against a cryptocurrency company over failure to create a digital currency wallet for payments.
A Clash in Court
Playboy Enterprises, the parent company behind the marquee adult magazine, has filed a lawsuit against Global Blockchain Technologies (GBT) in the Los Angeles County Superior Court according to LA Times.
Reportedly, the parent company of the popular adult magazine seeks unspecified compensation as well as punitive damages, alleging GBT of fraud and breach of contract. Playboy claims that the tech company failed to execute on their agreement regarding the integration of blockchain technology into Playboy’s media channels.
6 Smart Contract Use Cases Gaining Traction in 2018
Although smart contracts are of great interest to a lot of people, finding the real use cases for this technology is still very challenging. Hundreds of potential applications of smart contracts exist, and some industries are getting more attention than others. Below are some examples, in random order.
#6: Multiparty Smart Contracts
In the world of cryptocurrency, multisignature solutions have become the new normal over the past few years. This does not just apply to wallet solutions, but also to smart contracts. A multiparty smart contract allows user A to lend money to user B to buy a property, car, etc. In this instance, a smart contract can serve as a legally binding agreement between the involved parties.
Audits and Quality Assurance: Patching the Holes in Smart Contract Security
On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $ 23.5 million vulnerability allowed the hackers to run off with $ 12.5 million ETH, $ 1 million NPXS tokens and $ 10 million of Bancor’s BNT token.
Following the hack, the Bancor team froze the BNT in question in an effort to stanch its losses.
Smart Contract Bug Disables ICON (ICX) Token Transfers
It appears that a bug in the ICON smart contract has disabled ICX token transfers. One Reddit user reported a few hours ago that the bug prevents ICX tokens from being moved from any wallet.
Modifier Code Flaw Responsible for the Problem
According to the Reddit poster, the ICON smart contract bug is the same one found in another cryptocurrency project called Yggdrash. The bug is reportedly a flaw in the modifier code as seen in the image below.
Exchanges Suspend ERC20 Token Deposits After Discovery of Smart Contract Bug
Ethereum’s smart contract bugs just keep on coming. Exchanges including Okex, Poloniex, Coinone, and Hitbtc today suspended deposits of ERC20 tokens following the discovery of a batch overflow bug written into the smart contracts governing numerous coins. The news comes in the same week that the ethereum community voted against restoring the lost ether that was locked up in the Parity smart contract bug last year.
Also read: Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs