The central People’s Bank of China (PBoC) could be set to make use of smart contracts in its digital yuan project – an indication that blockchain technology could well end up playing a larger role than expected in the e-CNY’s future…. Read More: Chinese Central Bank May Apply Smart Contract Technology to Digital Yuan Read…
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Ethereum (ETH) co-founder Vitalik Buterin has tweeted that EOS, a once-popular blockchain project, stands for “Ethereum on Steroids,” recalling an old joke within the crypto community. The Ethereum mastermind praised the project, saying that the core team learned from “Ethereum’s amateurish naivety and idealism” and created a smart contract platform with much higher scalability and…
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The DEX has been taken offline due to the discovery of the bug, and the team has implemented an “emergency fix” and update. The Maiar Exchange, a decentralized exchange (DEX) native to the Elrond blockchain, has been temporarily taken offline after an attacker utilized an exploit and made off with roughly $113 million worth of…
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While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded nearly $50 million in NFT loans.…
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While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value by 3.5% over the last 24…
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A highly anticipated NFT project has been hit with an exploit and a smart contract bug, causing a disruption to its auction and leaving the team with $33 million unable to be accessed. The highly anticipated NFT project Akutars was marred by both an exploit and a bug on the weekend causing over 11,500 Ethereum…
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Smart contracts were made famous by the Ethereum (ETH) network, which offers Turing-complete smart contracts that enable the development of decentralized products and services. What not everyone may be aware of, however, is that smart contracts also exist on Bitcoin (BTC). Read on to learn about Bitcoin smart contracts and the different projects that…
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A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved. In a rare comedic bungle among DeFi exploits, an attacker has fumbled their heist at the finish line leaving behind over $1 million in…
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Li Finance (LiFi) protocol users suffered losses amounting to around $600,000, some of them have been reimbursed after a hacker exploited a bug in the project’s smart contract. The Li Finance swap aggregator has experienced a smart contract exploit leading to the loss of around $600,000 from 29 users’ wallets. The exploit took place at…
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As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around…
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