An unknown entity sold over 400 BTC in a short period of time on the BitMEX BTC/USDT spot market; BitMEX began investigating the situation internally.
Smart Contracts News
Smart contracts are self-executing agreements with the terms of the contract directly written into code. They run on blockchain technology and automatically execute actions when predefined conditions are met, eliminating the need for intermediaries and ensuring transparency and trust in transactions.
These contracts work through if-then logic; if a particular condition is met, then a corresponding action is triggered. Specialized blockchains such as Ethereum, BNB Smart Chain and Cardano provide safe environments for the execution of smart contracts.
Smart contracts are typically written in programming languages like Solidity for Ethereum, enabling developers to create intricate business logic within the contract. Once deployed, smart contracts are immutable, meaning their code cannot be altered, ensuring the integrity of agreements. Their decentralized nature and cryptographic security make them ideal for various applications, including decentralized finance, supply chain management and voting systems, revolutionizing how agreements are made and executed in the digital age.
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Blockchain technology and DeFi promise a new era of digital finance but are hindered by complex user interfaces and inefficient development practices, impacting security and adoption.
13589Multicoin Capital and Protocol Labs led a $73 million raise for a new cryptography startup which aims to make the “entire internet encrypted end-to-end.”
3285Seamless’ first Integrated Liquidity Market will enable stakers on Lido to automatically use a borrowing strategy and compound positions on wstETH.
11106The emerging Bitcoin layer-2 sector will be one of the main narratives driving BTC’s price to unprecedented highs in this bull cycle, says Bitcoin OG Dan Held.
7994A Cornell Tech professor and blockchain luminary has written a cautionary novel about smart contracts gone rogue.
1463Bitcoin smart contract and scaling platform tokens such as Stacks and RIF have become beneficiaries of the recent Bitcoin surge.
6143The partnership will bring new AI capabilities to decentralized applications.
14383The Stellar Development Foundation has finally rolled out Stellar smart contracts after 16 months on testnet.
2557Researchers from Salus Security tested GPT-4 and other artificial intelligence systems’ ability to detect seven common security vulnerabilities.
4763Ethereum co-founder Vitalik Buterin has shared his enthusiasm for AI in helping to identify potential flaws in Ethereum’s codebase.
6611Omnichain layer-1 platform Dojima Omnichain Network has become the latest pick of Cointelegraph Accelerator.
14754Modern financial systems grapple with the need for real-time processing and scalability while struggling with inconsistent data standards across institutions.
17080Learn the essential steps and strategies to ensure the reliability and security of your blockchain-based applications.
7219The Stellar Development Foundation acknowledged the bug poses “little risk” but said it could potentially impact applications once the smart contract platform is rolled out.
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