What is certain is that exploits only get points for being less disastrous than their counterpart. 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…
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The blockchain sector has known for years that technical hurdles need to be eliminated for mass adoption to take place. Has any progress been made? 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…
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To date, Binance Coin has rallied 900%, which makes the token’s $64 billion market cap larger than Santander, the Bank of Montreal and UBS. 2021 has been an impressive year for Binance Coin (BNB), which so far has rallied by more than 900%. One of the primary drivers of BNB’s growth was continued congestion on…
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A Californian couple has used tokenized rings to immortalize their marriage on the Ethereum blockchain. Rebecca Rose and Peter Kacherginsky, employees of leading U.S.-based crypto exchange Coinbase, have revealed how they used Ethereum’s blockchain to become lawfully wedded. On April 3, Rose posted to Twitter to announce the pair had tied the knot on March…
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The bill would give legal recognition to transfers and registrations made through blockchain smart contracts. On March 29, the Iowa House of Representatives passed a bill that seeks to legally recognize transactions and registrations made via blockchain smart contracts. The bill — SF541 — gained Senate approval earlier in the month. Under the auspices of…
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Smart contracts present one the most promising tech solutions for business, but there are still barriers that have to be addressed. The internet is buzzing over recent developments in decentralized finance, or DeFi — smart contracts are hotter than ever. You might think you missed the coronation ceremony, but smart contracts are actually used in…
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Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions. Russian oil firm Gazprom Neft’s aviation subsidiary — Gazpromneft-Aero — announced Monday that it has completed a successful pilot of its blockchain-based refueling project, Smart Fuel. The new platform was implemented for more than 100 scheduled flights of Russian…
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Italian financial services firm SIA plans to launch an Ethereum-based platform for secondary credit trading in the second half of 2021. SIA, an Italian company specializing in e-payment services, is working on a blockchain-based system to enable secondary credit trading. The upcoming platform will allow banks, funds and financial operators to negotiate secondary credit transactions…
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A new type of cross-chain bridge has been invented which integrates the interest-yielding properties of DeFi with second layer solutions for Ethereum. The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the faster, cheaper layer-two network. The smart…
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Analysis of recent deposits to the Eth2 contract address reveals the number of individual validators is on the rise. Seven weeks after the launch of Ethereum 2.0’s beacon chain and 2.25 million ETH has been deposited into the ETH2 contract address, signaling growing confidence in the long-awaited rollout of ETH2. More than 66,360 beacon chain…
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