Arbol, a US-based startup, has unveiled a blockchain and AI-powered parametric insurance platform, created in partnership with The Institutes RiskStream Collaborative. “dRe is live and in production,” said a press release on Tuesday. It’s described as the first on-chain data calculation tool for reinsurance and “a significant milestone” for parametric reinsurance…. Read More: Startup Arbol…
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After the Ethereum block explorer Etherscan introduced an advanced filter for blockchain exploration, the team announced a new tool called Code Reader, powered by artificial intelligence (AI). Essentially, the service leverages AI to enable users to retrieve and interpret the source code of a specific contract address. Etherscan Introduces an AI-Powered Code Reader for Smart…
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Global payments giant Visa has used Ethereum’s Goerli testnet to try out transaction-free payments with the help of account abstraction. On-chain data shows that Visa used a smart contract called Paymaster, allowing the company to take advantage of account abstraction to perform complex tasks on behalf of accounts and manage transaction costs…. Read More: Global Payments Giant…
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A new era has begun for the Bitcoin blockchain. Last week, a group of developers deployed a suite of Uniswap smart contracts directly onto the Bitcoin blockchain. Uniswap is a decentralized cryptocurrency exchange (DEX) that operates on multiple smart contract-enabled blockchains like Ethereum and Polygon and operates based on automated market maker (AMM) smart contracts….…
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According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust banking-grade structure” will be a key element to increase trust and confidence in…
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A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called pepe (PEPE), and at the time of writing, it has become the sixth-largest meme coin asset in terms of market capitalization, valued at just over $130 million.…
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According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the weekend, the dex…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates with Banxa, Tether’s Excess Reserves to Increase by $700M in Q1 2023…
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The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours.
Defi Value Swells Close to 2% Higher to Over $50 Billion
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Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital currencies have seen double-digit gains against…
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