A Major Improvement to Bitcoin Cash Will Smash Developer Bottlenecks

October 22, 2024 Bitcoin.com

Andrei Terentiev, CTO of Bitcoin.com, explains why Bitcoin.com has thrown its full support behind Bitcoin Cash Improvement Proposal 2021-05. CHIP-2021-05 Gains Bitcoin.com’s Support With Promise Of A New Era for Bitcoin Cash Smart Contracts Bitcoin.com endorses Bitcoin Cash Improvement Proposal (CHIP) 2021-05 VM Limits: Targeted Virtual Machine Limits. The current VM limits, while necessary for […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Web3 Marketing Strategist Says It’s a ‘Mistake’ to Frame Blockchain and AI as Competing Technologies

July 14, 2024 Bitcoin.com

Artificial intelligence (AI)

According to Catherine Daly, the marketing head at Space and Time, framing artificial intelligence (AI) and blockchain as competing industries would be a mistake. Instead, Daly believes “there’s a lot of room for each to accelerate the other.” To illustrate this point, she identified onchain transacting AI agents as one example demonstrating why artificial intelligence […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Tether launches gold-backed, US dollar stablecoin Alloy

June 17, 2024 Coin Telegraph

Alloy aUSDT

The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether.

Tether is introducing a gold-backed stablecoin pegged to the U.S. dollar. It is the first tethered asset, the issuer declared. The new coin is called Alloy (aUSDT) and is mintable on the new Alloy by Tether platform.

According to the company, Alloy will be overcollateralized by Tether Gold (XAUt) — a token that provides ownership of physical gold — but pegged to the U.S. dollar. By definition, the new token is a synthetic dollar, which is designed to mimic the value and functionality of the U.S. dollar without being directly backed by it.

Alloy explained in an X post that tethered assets are “digital assets that aim to track the reference price of another asset through different stabilisation mechanisms.” Further, it said:

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Ethiopian Airlines Partners With Blockchain-Based Loyalty Rewards Firm Loyyal

June 17, 2024 Bitcoin.com

bitcoin.com

Ethiopian Airlines Group has partnered with Loyyal to leverage the latter’s blockchain infrastructure for its customer loyalty program. The partnership, which is earmarked for Ethiopian Airlines’ Shebamiles members, enables them to earn rewards daily, driving further engagement and loyalty. Three-Way Partnership One of the leading African airlines, Ethiopian Airlines Group, has appointed blockchain-based loyalty rewards […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

How to use blockchain and smart contracts in procurement

June 15, 2024 Coin Telegraph

Blockchain

Discover the transformative power of blockchain and smart contracts in revolutionizing procurement processes, enhancing transparency and streamlining supply chain management.

Traditional procurement faces challenges like manual processes, a lack of transparency, limited supplier competition and a reactive approach, hindering efficiency and adaptation.

Traditional procurement processes often face myriad challenges that hinder efficiency, transparency and cost-effectiveness. One of the most prominent issues is the reliance on manual, paper-based systems, which are prone to errors, delays and a lack of visibility. This often leads to difficulties in tracking orders, managing inventory and ensuring compliance with regulations. Additionally, communication and collaboration between stakeholders can be fragmented, causing misalignment and delays in decision-making.

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens

June 14, 2024 Bitcoin.com

bitcoin.com

On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is collaborating with exchange partners to freeze the affected accounts. A decentralized finance researcher suspects a rogue developer orchestrated the attack. Holograph Contemplates Engaging Law Enforcement […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Memecoin launcher pump.fun claims ex-employee behind $1.9M exploit

May 17, 2024 Coin Telegraph

Memecoin launcher pump.fun claims ex-employee behind .9M exploit

bonding curve

Pump.fun said its smart contracts are safe and impacted users will receive “100% of the liquidity” that it previously had within the next 24 hours.

Solana memecoin creation tool pump.fun has claimed a former employee exploited the firm for nearly $2 million through a “bonding curve” attack.

The ex-employee used their “privileged position” to access a “withdraw authority” and compromise the protocol’s internal systems, pump.fun alleged in a May 16 X post.

About $1.9 million was stolen from the total $45 million held in pump.fun’s bonding curve contracts.

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges

April 14, 2024 Bitcoin.com

bitcoin.com

A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered the ex-engineer to forfeit roughly $12.3 million. Ex-Engineer Sentenced to Three Years […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Investors in BlackRock’s New Tokenized Assets Fund Can Now Transfer Their Shares To Circle for Stablecoin USDC

April 12, 2024 The Daily Hodl

blackrock

Stablecoin issuer Circle just rolled out a new smart contract functionality that enables holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to convert their shares into USDC. The BUIDL is asset management giant BlackRock’s first tokenized fund that invests in cash, U.S. Treasury bills and repurchase agreements. Shares are represented by a blockchain-based […]

The post Investors in BlackRock’s New Tokenized Assets Fund Can Now Transfer Their Shares To Circle for Stablecoin USDC appeared first on The Daily Hodl.

Smart Contract