Smart Contract Crypto News and Headlines
Smart Chain, Contract-Enabled, Smart Contracts, Smart Contract, EVM News
March 10, 11:27 am
| | Hedera Exploit: Attackers Target Smart Contract Service Code
Decentralized proof-of-stake (PoS) blockchain Hedera finally confirmed a security breach. In an update, the team behind the platform revealed that attackers managed to exploit the Smart Contract Service code of the protocol's mainnet to transfer Hedera Token Service tokens held by victims' accounts to their own.
It said the root cause of the issue has been identified by the team, and are working on a solution.
Hedera Exploit
Hedera further noted that the attackers targeted those accounts which were used as liquidity pools on multiple decentralized exchanges - including Pangolin, SaucerSwap, and HeliSwap - that utilize Uniswap v2-derived contract code ported over to use the Hedera Token Service to carry out the theft.
Hedera announced shutting down network services and initially cited experiencing 'network irregularities' as a reason. In the latest confirmation thread posted by the platform, it said the mainnet proxies are still turned off to prevent the attacker from being able to steal more tokens, thereby removing user access to the mainnet. The team is currently working on a solution.
'Once the solution is ready, Hedera Council members will sign transactions to approve the deployment of updated code on mainnet to remove this vulnerability, at which point the mainnet proxies wi...
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March 09, 2:36 pm
| | Solidproof Completes Security Audit of Flasko Smart Contract
Hackers have turned the DeFi space into their playground, making the sector a scary place for investors and project developers. Sadly, these cybercriminals constantly invent new ways to exploit and siphon millions from vulnerable DeFi projects.
According to reports, hackers have stolen more than $3 billion from crypto projects this year. This is wh...
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February 02, 6:30 pm
| | Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches Hi...
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX.Smart Contract Economy and Defi TVL Bounces Back
On Thursday, Feb. 2, 2023, the top smart contract pla...
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January 25, 8:23 am
| | Bunzz Raises $4.5M Seed Round to Expand its Smart Contract Hub for DApp ...
[PRESS RELEASE - Singapore, Singapore, 24th January 2023]
Bunzz a web3 development platform for decentralized applications, has completed a $4.5M seed round. Investors included gjmp, DG Daiwa Ventures, Coincheck, and Ceres. Funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp develop...
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January 17, 8:30 pm
| | Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitaliza...
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 billion over the last 30 days, increasing from $243 billion to the current $321 billion. Furthermore, the total value locked...
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January 09, 8:30 pm
| | Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL...
Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January 9, 2023, and most have seen double-digit gains over t...
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December 30, 8:30 pm
| | 'Ethereum Killers' Managed to 'Kill' Themselves in 2022 Rather Than Beat...
At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as 'Ethereum killers,' would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called 'Ethereum killers' have surpassed the leading smart contract pl...
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December 05, 6:17 pm
| | DFINITY brings new smart contract functionality to Bitcoin with Internet...
DFINITY Foundation, the not-for-profit organization contributing to the development of the Internet Computer (IC) — a high-speed, internet-scale public blockchain — has announced today the Internet Computer's mainnet integration with Bitcoin, bringing smart contract functionality to the cryptocurrency.
Now, the Internet Computer can ser...
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November 16, 2:30 pm
| | Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contrac...
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi protocols has dropped to $43 billion, the lowest de...
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October 28, 4:00 pm
| | Fantom Network Launches Automated Smart Contract Audit System Watchdog t...
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy code.Fantom Looks to Curb Defi Exploits...
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September 11, 11:30 pm
| | In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenba...
With The Merge coming next week and Cardano's Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart contract crypto assets today has increased 44.35% against th...
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September 09, 11:00 am
| | With $2?4M Fundraising in Seed Round, KNN3 Network Races to Provide a Mu...
PRESS RELEASE. Web3 relationship aggregator KNN3 Network announced it had raised $2.4M in a seed round led by HashGlobal and Liang Xinjun, former co-founder of Fosun International. Mask Network, MetaWeb Venture, Eniac Venture, Tess Venture, Stratified Capital, Fundamental lab, Incuba Alpha, Zeuth Venture, Cogitent Venture, Atlas Capital; Impossible...
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August 19, 2:00 pm
| | Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens...
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market valuation today are worth $372 billion, but overall the doz...
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July 12, 5:00 pm
| | Tothesmart Is an Exclusive New Smart Contract Built on the Binance Smart...
PRESS RELEASE. Now there is no need to buy expensive equipment and pay for electricity, you can simply buy virtual miners from Tothesmart and earn up to 5% per day in passive income.
What is Tothesmart?
Tothesmart is a Play to earn mining Farm built on the Binance Smart Chain blockchain.An open smart contract with a unique mathematical model based ...
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June 18, 2:30 am
| | Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Dow...
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today's $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. Moreover, since December 20...
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June 11, 5:30 pm
| | Defi Platforms and Smart Contract Tokens Suffer the Most During the Cryp...
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and the combined value...
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June 02, 12:30 pm
| | Following Smart Contract Audit, Winner Block Announced Token Presale Det...
[PRESS RELEASE - Please Read Disclaimer]
With the massive growth of the blockchain industry in the past several years, surpassing the original realm of being the underlying tech behind bitcoin, the groundbreaking technology was primed to be linked with other specific niches and disrupt such markets.
One of those, largely expected to an extent, was ...
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March 22, 5:30 pm
| | Grayscale Launches Smart Contract Platform Fund
Grayscale – a popular cryptocurrency asset manager – has now launched the Grayscale Smart Contract Platform Ex-Ethereum Fund. The fund includes exposure to a variety of cryptocurrencies that power major smart contract networks besides Ethereum.
Investing in Smart Contracts
As announced by Grayscale in a press release on Tuesday, the fun...
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March 08, 6:17 pm
| | XDC Network unveils smart contract and tokenization platform, Origin
XDC Network, a highly interoperable hybrid blockchain platform built by XinFin, today revealed its smart contract and tokenization platform, Origin — a user-friendly tool that enables the secure creation of complex smart contracts at the click of a button.
Origin allows for the creation, issuance, and management of XDC-based token standards v...
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February 28, 12:00 am
| | Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, X...
The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium (CPH), counterparty (XCP), and terra (LUNA) leading...
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February 20, 2:00 pm
| | Who Audits the Auditors? Smart Contract Audit Token (SCATDAO) to Hold a ...
PRESS RELEASE. The world of audit has always had an inherent problem, the conflict of interest that comes from paying for audit services. Auditors are meant to be independent of their clients, but how can you be independent when you are auditing your employer? With countless instances of paid auditors issuing fraudulent attestations to keep their c...
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February 10, 5:02 pm
| | A Hands-on Experience on Some of the Most Popular Smart Contract Platfor...
In 2021, many smart contract platforms competed for users' attention and attempted to be the next Ethereum killer. The terms DeFi, GameFi, and NFT, have been all over the media lately, and any of these would not be possible without smart contracts. As more smart contract platforms are introduced, it becomes hard for newcomers to choose which is rig...
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February 08, 4:57 pm
| | Increased NFT Demand Triggers Tezos Transactions And Smart Contract Acti...
Recently, the Tezos network has been experiencing progressive growth in its smart contract addresses and adoption for the past 12 months.
This is majorly linked to non-fungible tokens as the primary driver for the increase. Hence, with the move, Tezos stands as viable competition to Ethereum in terms of NFT minting and its markets.
Non-fungible tok...
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February 07, 6:19 pm
| | New release of Quant's blockchain gateway introduces smart contrac...
Quant, a provider of enterprise-grade interoperability for the secure exchange of information and digital assets across any network, platform, or protocol, announced newly announced a new release for its Overledger blockchain gateway, which provides interoperability between blockchains with a single API.
Overledger 2.1.7 lets users create smart con...
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January 19, 8:30 pm
| | Bitcoin Dominance Increases, ETH's Market Share Slides, Stablecoin...
On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy's market slump, bitcoin's market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range. Meanwhile, Ethereum's market dominance has diminished as it has slid from...
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