Smart Contracts

CipherTrace Expands Monitoring Platform to 700 Tokens

United States-based blockchain security firm CipherTrace has expanded its crypto intelligence platform to 700 tokens. Tracing hundreds of ERC-20 tokens With the expanded platform launched on Oct. 15, CipherTrace now allows clients to trace more than 87% of the transactional volume of the top 100 cryptos such as Ether (ETH), Tether (USDT), Bitcoin Cash (BCH) …

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Unwrapping the Ocean Plastic Conundrum Via Blockchain

In September, Cointelegraph reported on a Dutch company said to have created the world’s first collection of recycled fabrics made from ocean plastics and whose provenance can be traced via blockchain.The premise is that socially minded consumers want assurance that they are really wearing recycled materials fished out from oceans and coastal areas.  The firm, …

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Report: Ethereum’s Gas-Guzzling Suspected Ponzi FairWin Funds at Risk

The biggest Ethereum contract in the industry, dubbed FairWin, is allegedly putting user funds at risk and continues to guzzle a major amount of gas on the network. Multiple crypto social media users have been analyzing what they believe to be the fastest-growing Ponzi scheme on Ethereum. On Sept. 27, blockchain developer Philippe Castonguay warned: …

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Ether Price Drop Shakes DAI Stablecoin Peg, Two Collateral Contracts Closed

The recent Ether (ETH) price drop showed the reliability and weaknesses of the decentralized stablecoin built by MakerDAO, Dai (DAI), and the decentralized finance (DeFi) ecosystem built on top of it. A decentralized stablecoin Ethereum-collateralized decentralized stablecoin DAI managed to maintain its peg to the United States dollar as Ether lost over 18% of its …

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Meet Nimbus, a Concept for Enhancing BCH Smart Contracts

<header class=”article__header”> </header> <strong>On Monday, software developer Tobias Ruck introduced a new transaction version for the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> chain called Nimbus in a demonstration video. The introduction is a longer version of the presentation Ruck had shown at the Bitcoin Cash City conference. According to the developer, the transaction version could …

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Coinbase-Backed ConsenSys Alum Aims to Build GitHub for Web3

Although most developers use GitHub to organize and share open-source code, funds like Coinbase Ventures, Distributed Global and Digital Currency Group are betting on a crypto-native alternative. Former ConsenSys token guru Harrison Hines is now CEO of his own startup, Terminal, which closed a $3.7 million seed round in late 2018 for a developer hub …

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Developers of Ethereum DEX Protocol AirSwap Disclose Critical Exploit

Ethereum (ETH) decentralized exchange protocol AirSwap’s developers announced that they have discovered a critical vulnerability in the system’s new smart contract. AirSwap’s team announced its findings and a possible solution for all potentially affected users in a Medium post published on Sept. 13. A limited vulnerability Per the release, on Sept. 12 AirSwap’s development team …

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Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain

Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia. According to a press release published by the bank on Sept. 12, the service — dubbed Distributed Treasury and Cash Management (DTCM) — enables Alfa-Bank’s corporate clients to manage their payments, loan and deposit products, as well as liquidity pool …

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Report: Telegram’s TON Blockchain to Be Compatible with Ethereum DApps

Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts. As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors is building a Solidity compiler for its blockchain. This programming language is primarily used to develop smart contracts in the Ethereum …

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Why Does Amazon Want to Hire Blockchain Experts for Its Ads Division?

Earlier this month, Amazon announced plans to hire blockchain experts for its advertising division. But how can the use of blockchain technology possibly resolve the pain points in the advertising industry? For the crypto industry, which is worth more than $240 billion, you’d think standard business tools like a shared database would be de rigueur …

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