Smart Contracts

  • Taiko Launches on ZK-EVM Askja: What You Need to Know

    On March 23rd, it was reported that Taiko, an Ethereum two-layer network based on zkRollup, has been launched on the ZK-EVM alpha-2 test network \”Askja\”, which is open to all devel

    03/23/2023
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  • Average Ethereum Gas Fees hits its 1-Month Low

    It is reported that the average value of Ethereum Gas fees has reached 25.643GWEI in the past hour (7-day average), hitting a 1-month low.
    Ethereum Gas fee hit a 1-month low
    In rec

    03/22/2023
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  • DeFi Protocol Shell Protocol Opens Voting for Shell DAO

    On March 22, it was announced that the DeFi protocol Shell Protocol had been opened for a vote on whether to establish a Shell DAO to accept air drops for other projects. Previousl

    03/22/2023
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  • Gnosis Chain Collaborates with Monerium to Launch EURe: The Over-Collateralized Euro Stablecoin

    On March 21st, Gnosis Chain officially announced that the electronic currency institution Monerium has launched an over collateralized Euro stable currency EURe on the network, wit

    03/21/2023
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  • IoTeX Community Votes to Support Mortgage of Ethereum Derivatives

    According to reports, the governance community of IoTeX, the Internet of Things blockchain platform, voted to support the mortgage of Ethereum derivatives, with 97% of token holder

    03/21/2023
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  • IRISnet to Release Upgrade 2.0, Introducing Ethereum Virtual Machine Support

    On March 21st, it was announced that IRISnet, built on Cosmos SDK, will release a version 2.0 upgrade and plan to add support for Ethereum Virtual Machine (EVM), integrating EVM ba

    03/21/2023
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  • Cream Finance Attacker Exchanges 500000 DAIs For 286.4 ETHs: Analysis and Implications

    According to reports, PeckShieldAlert monitoring data showed that a Cream Finance attacker exchanged 500000 DAIs for approximately 286.4 ETHs and.
    Cream Finance attackers exchanged

    Metaverse Insights 03/21/2023
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  • Arbitrum, Zilliqa, JPMorgan Chase, Aleo – The Revolutionary Technologies Transforming the Finance Industry

    7:00-12:00 Keywords: Arbitrum, Zilliqa, JPMorgan Chase, Aleo
    Summary of important developments at noon on March 21st
    The finance industry has always been averse to change, enjoying

    03/21/2023
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  • The Launch of Ethereum’s Fuel Public Test Network Beta-3

    On March 21st, the Ethereum modular execution layer Fuel launched the third public test network Beta-3. The new test network added a P2P network, introducing the ability to synchro

    03/21/2023
    107
  • Tether’s Latest Move: 1 Billion USDTs to Wave Network, Binance, and Kraken

    According to reports, according to Lookonchain data, Tether cast 1 billion USDTs in the wave field network an hour ago, and then sent 162 million USDTs to Binance, while 28.6 milli

    03/20/2023
    107
  • Bernstein: The recent price trend of cryptocurrencies is driven by cryptocurrency primary funds

    According to reports, Bernstein pointed out in his latest research report that after a series of bank failures, the financial market experienced severe turbulence in the past week,

    03/20/2023
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  • The Impact of Chainlink, BitMEX, BITE, and BlackRock on the Cryptocurrency Market Overnight

    21:00-7:00 Key words: Chainlink, BitMEX, BITE, BlackRock Overview of important developments overnight on March 19th Analysis based on this information:Overnight, from 21:00 to 7:00, the cryptocurrency market witnessed several significant events that could have a long-lasting impact in the future. Chainlink, BitMEX, BITE, and BlackRock are four keywords that capture the essence of these events. Chainlink is a decentralized oracle network that connects smart contracts with real-world data. Its importance lies in its capacity to enable smart contracts that rely on external information to execute programmatically without human intervention. At around 22:00, Chainlink announced a new partnership with Ankr, a platform that provides blockchain infrastructure solutions for developers. The partnership aims to integrate Chainlink’s oracle services into Ankr’s infrastructure, which could increase the speed, efficiency, and security of smart contracts built on Ankr’s platform. This announcement had a positive effect on Chainlink’s price, which surged by more than 10%. BitMEX is a popular cryptocurrency derivatives exchange that allows traders to…

    03/19/2023
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  • Ironblocks Launches Threat Detection Platform for DeFi Programs

    On March 16th, the blockchain security platform Ironblocks launched a security product on Wednesday. Chief Executive Officer Or Dadosh said that this product can help financial programs based on smart contracts get help before they suffer losses. This is a threat detection platform that can be inserted into the DeFi protocol to monitor and flag any suspicious asset transfers. Blockchain Security Platform Ironblocks Launches a Threat Detection Platform for DeFi Protocol Analysis based on this information:Ironblocks, a blockchain security platform, has launched a new security product aimed at aiding financial programs based on smart contracts. The product, a threat detection platform, is designed to help DeFi protocols monitor and flag any suspicious asset transfers before they suffer losses. The Chief Executive Officer of Ironblocks, Or Dadosh, emphasized the importance of detecting and addressing potential threats before they result in significant losses. With the rise in popularity and adoption of decentralized finance (DeFi) programs, there has been a growing need for…

    03/16/2023
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  • Filecoin Blockchain Now Supports Smart Contracts and User Programmability

    According to the report, the official social media account of Filecoin wrote, “FVM was successfully launched. As of the time of press release, the Filecoin blockchain now supports smart contracts and user programmability.” Filecoin: FVM is online, and Filecoin now supports smart contracts Analysis based on this information:In a recent development, Filecoin, a decentralized storage platform, has successfully launched the Filecoin Virtual Machine (FVM). This marks a significant milestone for the company as it paves the way for smart contracts and user programmability on the Filecoin blockchain. Smart contracts are self-executing contracts that can be programmed to automatically trigger and execute once certain conditions are met. They are commonly used in blockchain technology as they eliminate the need for intermediaries, reduce transaction costs, and increase transparency and security. User programmability, on the other hand, refers to the ability for developers to create, update, and execute their own custom code on the blockchain. This opens up a whole new world of…

    03/15/2023
    132
  • AI and Smart Contract Security

    On March 15th, Yu Xianfa, the founder of Slow Fog, tweeted, “The smart contract codes of hyenas are generally simple, and I believe that GPT-4 can probably provide correct security advice. However, complex smart contract codes, especially those with human sophistry, and vulnerabilities that require other scenarios (or broader contexts), GPT-4 cannot handle them, but it can be used as an audit aid (if used well).” 。 In addition, AI can deceive people. “It seems that security audit companies can not only use GPT well in the future, but also audit whether GPT is’ doing evil ‘.” Founder of Slow Fog: GPT-4 cannot handle complex smart contract codes, but can be used as an audit aid Analysis based on this information:On March 15th, Yu Xianfa, the founder of Slow Fog, tweeted about the relationship between smart contracts and artificial intelligence (AI). Xianfa suggested that while AI, specifically GPT-4, may be able to provide correct security advice for simple smart contract…

    03/15/2023
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  • NFT Forever Launches to Showcase Filecoin’s Verifiable Storage through Smart Contracts

    On March 15th, the NFT data storage platform NFT.Storage announced the launch of the NFT Forever project to demonstrate that Filecoin’s new virtual machine (FVM) can guarantee verifiable storage through smart contracts. NFT Data Storage Platform NFT.Storage Launches NFT Forever Project Analysis based on this information:On March 15th, NFT.Storage platform announced the launch of a new project, NFT Forever, which aims to showcase the new virtual machine of Filecoin through smart contract technology. The platform aims to guarantee verifiable storage through its innovative virtual machine. This project is significant and comes at a time when people are paying close attention to NFT’s and the data storage platforms that support them. NFT (Non-Fungible Token) is a type of digital asset whose ownership and authenticity are verified on blockchain technology. These tokens can represent anything from art to music, and their authenticity and ownership are stored on a secured blockchain network. The NFT Forever project will demonstrate the usefulness of Filecoin’s Virtual…

    03/15/2023
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  • AI Identifies Security Vulnerabilities in Ethereum Smart Contracts

    On March 15th, Conor Grogan, the director of Coinbase, posted an article on social media stating that he had inserted a real-time Ethereum smart contract into chatGPT-4. As a result, AI immediately found security vulnerabilities and even showed how to exploit these vulnerabilities. Conor Grogan stated that the contract was indeed exploited by hackers in 2018. In addition, he also disclosed that he had tried Euler’s smart contract, but due to the length of the contract, it could not be processed by chatGPT-4. Conor Grogan admitted that AI would ultimately make smart contracts safer and easier to build. Director of Coinbase: ChatGPT-4 has been able to detect smart contract vulnerabilities on the Ethereum chain in real time Analysis based on this information:The adoption of blockchain technology has been accompanied by the creation and use of smart contracts, which enable secure automated digital transactions without the need for intermediaries. However, like any computer program, smart contracts can still contain security vulnerabilities…

    03/15/2023
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  • Goldman Sachs Patent Application Seeks to Integrate Blockchain with Settlement Mechanism

    According to reports, Goldman Sachs recently applied for a patent to the United States Patent Office, proposing to integrate blockchain technology with its settlement mechanism. The patent document was submitted on March 14th with patent number US 11605143 2B, outlining the technical and computing requirements of the bank’s use of blockchain technology. This patent focuses on the technical aspects of smart contracts and can be applied to various financial instruments, such as partial reserve banking, insurance, bonds, securitization products, and margin loans. Goldman Sachs has applied to the US Patent Office for a patent focused on smart contracts Analysis based on this information:Goldman Sachs has recently submitted a patent application to the United States Patent Office, proposing the integration of blockchain technology with its settlement mechanism. The patent, which was filed on March 14th under patent number US 11605143 2B, highlights the technical and computational requirements needed for the bank’s utilization of blockchain technology in its various financial instruments such…

    03/15/2023
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  • European Parliament passes Data Law with implications for encryption industry

    It is reported that on Tuesday, local time, the European Parliament passed the relevant legislation of the Data Law with 500 votes in favour and 23 against. The legislation and its provisions on smart contracts are not specifically targeted at the encryption industry, but some people in the industry worry that if the scope is not clearly defined, the data law may have a far-reaching impact on encryption, especially in the area of smart contracts. It is reported that smart contracts belong to the provisions of Article 30 of the EU Data Law, namely “basic requirements for smart contracts for data sharing”. The provisions include “strict access control mechanism” and trade secret protection integrated into the design of smart contracts. It is necessary to have the possibility of terminating or interrupting the transaction mechanism, and the legislator needs to decide under what conditions it is allowed to terminate or interrupt the transaction. (The Block) The European Parliament regulates smart contracts…

    03/14/2023
    126
  • Aztec Network announces closure of Aztec Connect for commercial reasons

    On March 13, The relevant head of Aztec Network, a privacy and expansion solution based on ZK-Rollup, responded in the community: “The decision to close Aztec Connect is mainly for commercial reasons, and there is no regulatory agency to contact the team. The privacy of Aztec Connect has led to some problems in the design and increased maintenance costs. The company is focusing on the next generation of protocols, which will support fully programmable smart contracts, which are privacy by default. Considering the scale of the new project, we need to focus on all engineering resources to complete it. We still Focus on L2 Rollup and never establish L1. The strategy has never changed but is entering the next stage. “ Aztec responded by “shutting down Aztec Connect”: mainly for commercial reasons, not related to regulation Analysis based on this information:Aztec Network recently announced the closure of its Aztec Connect service, their privacy and expansion solution based on ZK-Rollup. The…

    03/13/2023
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