#smart
130 articles found
Latest
The developers of the Web3 social network Friend.Tech transferred control over the project’s smart contract to Ethereum's null address, effectively freezing the platform. This move means no further updates or modifications can be made, and all future revenue will be burned. 
Cardano’s blockchain successfully completed the Chang hard fork, introducing decentralized governance and improving smart contract capabilities. ADA token holders now wield the power to shape the project’s future by electing representatives and voting on various development initiatives. 
The Cardano mainnet was targeted by a DDoS attack in which the perpetrator attempted to overload the system by launching hundreds of smart contracts in an effort to steal staked tokens. However, the developers coordinated a response that successfully thwarted the attack, resulting in the hacker losing funds instead. 
Why Replacing Government with Blockchain is Not a Good Idea
Automating government functions with smart contracts might seem appealing, but is it truly a wise choice? We explore the reasons why replacing traditional government structures with a blockchain-based system could be problematic and the potential challenges of integrating blockchain technology within government operations. 
The Stellar Development Foundation has supported the decision to delay the network's update to add smart contracts due to a software bug. Initially, foundation representatives minimized the severity of this bug but revised their position in response to critiques from the developer community. 
Web3 development platform Thirdweb has detected a critical vulnerability in its open-source library, impacting various NFT collections. This issue affects a range of pre-built smart contracts, including DropERC20, ERC721, ERC1155, and AirdropERC20. APR and APY: How to Calculate Interest Rates?
Before you venture into the DeFi world, it's smart to get a grip on the terms that underlie yield calculations. The key concepts you need to master are the Annual Percentage Rate (APR) and the Annual Percentage Yield (APY). What's the difference between the two? 
The new stablecoin USDS, poised to replace DAI, might feature a decentralized process for appealing frozen assets if such measures are implemented in the future. Currently, there is no mechanism for freezing funds, but it could be added through an update to the smart contract. 
Google introduced the next generation of its smart thermostat, the Nest Learning Thermostat, after a ten-year break. This latest model boasts an entirely new design and several upgrades, including support for the Matter smart home standard. The key innovation, however, is the integration of artificial intelligence. What Is Bitcoin Virtual Machine (BVM)?
Bitcoin Virtual Machine, shortly BitVM or BVM, is a blockchain infrastructure that brings complex smart contracts to the Bitcoin Network, thus enabling new use cases for it. The solution was first proposed in the paper “BitVM: Compute Anything on Bitcoin” by developer Robin Linus on October 9, 2023. 
On April 12th, a former senior security engineer for a major international tech company was sentenced to three years in prison. His crimes involved the hacking of two decentralized cryptoexchanges, as well as the theft of over $12 million in digital assets. How to Revoke Smart Contract Permissions?
Granting a smart contract permission authorizes a programmed algorithm to autonomously perform actions with your digital assets. These permissions can be granted for various purposes, such as participating in DApps, voting within DAOs, or managing your NFTs. But how do you revoke these permissions? 
