Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments

September 9, 2024 Bitcoin.com

bitcoin.com

Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more productive network. The increase in deployments highlights the potential for decentralized finance (defi) on Bitcoin and the innovative projects […]

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Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

Stacks’ smart contracts reach record high ahead of Nakamoto upgrade

September 8, 2024 Coin Telegraph

All time high

Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.

Stacks reached a new all-time high in smart contract deployment just days before the much-anticipated Nakamoto upgrade is fully activated.

Stacks, the Bitcoin network’s smart contract layer, reached a new all-time high of over 1,400 monthly smart contracts deployed.

Stacks announced the record high in a Sept. 7 X post:

Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

Audited, Yet Hacked: The Critical Role of Real-Time Monitoring in Web3

August 27, 2024 Bitcoin.com

audits

In the evolving landscape of Web3, security remains a paramount concern for crypto companies. Most of these companies rely heavily on pre-deployment smart contract audits, believing that such audits will safeguard their projects and client funds from hacks. However, recent data reveals a stark truth: 90% of the smart contracts that were hacked had undergone […]

Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

BitVM Version 2 Introduces New Era for Bitcoin L2 Scaling Solutions

August 18, 2024 Bitcoin.com

Bitcoin (BTC)

On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2) capabilities. Building on the foundation laid by BitVM version 1, BitVM2 aims to bridge Bitcoin to second layers with improved scalability and security. New BitVM2 White Paper Introduces Advanced Solutions for Bitcoin L2 Scaling The original […]

Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

Dark DAOs: Vitalik Buterin explores ways to mitigate bribery threats

August 16, 2024 Coin Telegraph

Coin Telegraph

Proof of Complete Knowledge (PoCK) aims to prevent bribery attacks by ensuring real control over voting keys.

A group of researchers from Cornell University is investigating potential threats that could turn into “dark” voting systems in decentralized autonomous organizations (DAOs).

This group is formed by Ethereum co-founder Vitalik Buterin and PhD students Mahimna Kelkar, Kushal Babel, Philip Daian and James Austgen. Their work revolves around how to mitigate an imminent threat to decentralization as DAOs go mainstream: unified attacks against protocols through smart contracts bribery.

During the Science of Blockchain Conference held at Columbia University in early August, Cointelegraph spoke with Mahimna Kelkar about the group’s research on proofs of complete knowledge (CK) — a new cryptographic notion they introduced in 2023.

Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

Chainlink Integrates Data Streams and VRF on Base Blockchain

August 16, 2024 Bitcoin.com

Base blockchain

Chainlink has expanded its offerings on the Base blockchain by launching its Data Streams and Verifiable Random Function (VRF) services. This development ensures that the full suite of Chainlink products is now accessible to developers using Base, a layer-two (L2) blockchain built on Ethereum. Chainlink Expands Services on Base Blockchain The recent integration of Chainlink’s […]

Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

New DeFi protocol Nudge aims to unlock hidden value in users’ wallets

August 15, 2024 Coin Telegraph

Coin Telegraph

Nudge seeks to unleash a new DeFi primitive called Re: allocation Value.

Nudge is launching a new decentralized finance (DeFi) protocol on Ethereum designed to unlock the economic value hidden in users’ wallets, it told Cointelegraph on Aug. 15.

It aims to create a two-sided marketplace where Web3 protocols pay users incentives — or “Nudges” — to redirect onchain assets, liquidity and engagement.

Nudge will unleash a new DeFi primitive called “Re: allocation Value” that represents the economic value of users’ onchain activities, according to the company.

Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

Internet Computer Protocol Implements Threshold-Schnorr Signatures, Enhancing Bitcoin Integration

August 13, 2024 Bitcoin.com

Bitcoin

The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its Deuterium milestone. This development aims to expand the utility of Bitcoin within the decentralized economy, allowing for new applications previously hindered by Bitcoin’s lack of native smart contract support. ICP Introduces Threshold-Schnorr Signatures to Boost Bitcoin Compatibility […]

Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

Top US Crypto Exchange Coinbase Adds Newly Rebranded Layer-1 Token to Listing Roadmap

August 4, 2024 The Daily Hodl

Altcoins

Top US-based crypto exchange platform Coinbase is adding support for the native asset of a layer-1 blockchain that recently rebranded itself. In a new announcement, Coinbase says it’s adding layer-1 protocol Gravity (G), formerly known as Galxe (GAL), to its listing roadmap, which was created in 2022 as a means of increasing transparency and stifling […]

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Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

Large-Cap Ethereum Rival Forming a Bullish Pattern That Could See It Surge by up to 63%, Says Crypto Trader

August 2, 2024 The Daily Hodl

ali martinez

A closely followed crypto analyst says that one prominent Ethereum (ETH) competitor is gearing up to spark a rally. In a new strategy session, crypto trader Ali Martinez tells his 68,700 followers on the social media platform X that smart contract platform Solana (SOL) could be forming a bullish pattern on its four-hour chart that […]

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Smart Contracts