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“# Cardano smashes new all-time high following 14% gain ” Cardano’s ADA cryptocurrency surged on Sunday, bringing the smart contract platform back into elite territory in terms of market capitalization rankings. ADA charted 14% growth to reach $1.83 on major exchanges, marking a new all-time high. It was last seen hovering just below $1.80, having…
“# Qtum price rallies 160% as the project’s focus on DeFi pays off ” After rallying 1.510% in 2021, QTUM price hit a $35.70 all-time high on May 7. This relatively obscure altcoin launched in September 2017 is a fork of the Bitcoin Core 0.13 version, but it also integrates the Ethereum virtual machine (EVM)…
“# Australian senate committee calls for national blockchain land registry ” An Australian senate committee has published a report calling for a blockchain-based national land registry, better clarity over laws relating to smart contracts, and continued efforts to establish international standards for DLT. The Select Committee on Australia as a Technology and Financial Centre’s second…
“# New digital dispute rules aim to keep crypto disagreements out of court ” A British government-sanctioned task force has proposed a dispute resolution framework that would keep cryptocurrency and smart contract disagreements out of the courts. A 14-page report published by LawTechUK’s “U.K. Jurisdiction Taskforce” puts forward new Digital Dispute Resolution Rules that aim…
“# Daml smart contract language creator raises $120M in Series D financing ” Digital Asset, the creator of the Daml smart contract programming language, has secured $120 million in Series D financing from investors 7RIDGE and Eldridge – setting the stage for continued expansion of the blockchain and data infrastructure company. The impressive funding round…
“# Simple steps to safeguard your wallet from unlimited ERC-20 allowance risks ” Participating in the decentralized finance space often necessitates the need to grant projects certain permissions to spend tokens from one’s own wallet. These permissions — called ERC-20 allowances — help to simplify the smart contract interaction processes that allow users to send…
“# Cream Finance launches $1.5M bug bounty to improve DeFi security ” Decentralized lending protocol Cream Finance is backing another major effort to improve the security of decentralized finance. On Tuesday, Cream Finance announced a new security campaign in collaboration with several DeFi platforms like Immunefi, Armor and DeFiSafety to bring stronger security to its…
“# PayPal-owned Venmo launches cryptocurrency trading ” Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading for four major coins: Bitcoin (BTC), Ether (ETH), Litceoin…
“# Smart contract exploits are more ethical than hacking… or not? ” There has been a lot of talk about the recent “hacks” in the decentralized finance realm, particularly in the cases of Harvest FInance and Pickle Finance. That talk is more than necessary, considering hackers stole more than $100 million from DeFi projects in…
“# Blockchain is hard for developers and everyday users. Is it getting any easier? ” For several years, one of the biggest hurdles to blockchain adoption has concerned the fact that it’s a rather technical space. Experienced developers find it daunting to build decentralized apps using this technology. Meanwhile, consumers unaccustomed to tokens and crypto…