Tag: Smart contracts
The Evolution of Smart Contracts: Technological Impact and Future Trends
Smart contracts are changing the way agreements are made by automating processes and reducing the need for intermediaries. These digital contracts are built on the Ethereum blockchain and offer increased efficiency and transparency. Recent...
Ethereum Layer 2 Scroll Halts Chain Finalization After Rho Markets $7.6M Breach
Ethereum Layer 2 Scroll has faced a setback after Rho Markets experienced a breach resulting in a $7.6 million loss. The incident has led to the halting of chain finalization as the network investigates...
MATIC to POL Upgrade Scheduled for September – CoinJournal
Polygon Labs has recently announced an important technical upgrade for the Ethereum Layer 2 blockchain, Polygon. The upgrade will involve transitioning from the current token, MATIC, to a new token called POL, and is...
Understanding the Dough Finance Flash Loan Attack: Latest Updates and Analysis
Dough Finance recently experienced a devastating flash loan attack, resulting in a loss of around $1.8 million worth of digital assets. The attack targeted a smart contract within the platform, exposing vulnerabilities in the...
DEX Aggregator Rage Trade Token Launch on Hyperliquid Blockchain
Rage Trade, a decentralized exchange (DEX) perpetual aggregator, has revealed its plans to launch a new token, RAGE, through a liquidity generation event and a token sale on Fjord Foundry on August 7. The...
Dough Finance Flash Loan Attack: A CoinJournal Analysis
A recent flash loan attack on Dough Finance has left many users reeling after approximately $1.8 million was stolen from the platform. The attack, detected by Cyvers on June 12, 2024, highlighted some security...
Analyzing Vitalik Buterin’s Assessment of Ethereum’s Pros and Cons at ETHCC
At the recent Ethereum Community Conference, Vitalik Buterin, the co-founder of Ethereum, discussed both the strengths and weaknesses of the popular cryptocurrency. He emphasized the decentralized nature of the Ethereum ecosystem and the wide...
Best and Worst Practices in Blockchain Gaming: 5 Key Insights
Crypto is at a turning point. With the recent surge in prices coming to a halt, the focus is now on products that deliver real value rather than just empty promises. Blockchain gaming, a...
Gasless Stablecoin Transfers by Tron: Q4 Development Update
Tron founder Justin Sun recently announced plans to develop gasless stablecoin transfers by the fourth quarter of 2024. This new mechanism would allow the cost of the transfer to be covered by the stablecoins...
Securing Tokenization: Rethinking Public Blockchains for the Future
Tokenization has become a significant trend in Web3, attracting attention and investment from major players like BlackRock and JPMorgan. Analysts predict that the asset tokenization market will reach $2 trillion by 2030, showcasing its...