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Smart Contract

A collection of 11 posts

DOJ Clarifies Open Source Smart Contract Developer Liability in New Guidance

DOJ Clarifies Open Source Smart Contract Developer Liability in New Guidance

The United States Department of Justice (DOJ) has issued its most definitive guidance to date on the criminal liability of cryptocurrency developers, offering significant clarity for those building smart contracts and contributing to open-source projects. Speaking at the American Innovation Project Summit on August 21, 2025, Matthew Galeotti, head of

U.S. Treasury Explores Digital ID Checks into DeFi Smart Contracts

U.S. Treasury Explores Digital ID Checks into DeFi Smart Contracts

The U.S. Department of the Treasury is taking a significant step toward regulating decentralized finance (DeFi) by exploring the integration of digital identity verification into smart contracts, as outlined in a recent Request for Comment under the GENIUS Act. This initiative, driven by the Treasury’s need to enhance

Bitcoin Lacks Native DeFi Support Yet Layer 2 Solutions Advance It

Bitcoin Lacks Native DeFi Support Yet Layer 2 Solutions Advance It

Bitcoin stands as the foundational cryptocurrency, renowned for its role as a secure store of value and its unmatched decentralization through proof-of-work consensus. However, its core design emphasizes simplicity and security over programmability, which means it cannot natively execute the complex smart contracts needed for decentralized finance (DeFi) applications like

Bitcoin Cash Annual Upgrade Completed with Enhanced Smart Contract Capabilities

Bitcoin Cash Annual Upgrade Completed with Enhanced Smart Contract Capabilities

Bitcoin Cash (BCH) successfully completed its annual network upgrade, dubbed the “VELMA” upgrade, on May 15, 2025, marking a significant step forward for the cryptocurrency’s smart contract ecosystem. This update, activated on the mainnet, introduces substantial improvements to the Bitcoin Cash virtual machine, enabling developers to create more sophisticated

Vitalik Buterin Plans to Simplify Ethereum and Rival Bitcoin’s Efficiency by 2030

Vitalik Buterin Plans to Simplify Ethereum and Rival Bitcoin’s Efficiency by 2030

Vitalik Buterin has unveiled an ambitious vision to streamline the Ethereum network, aiming to make it as straightforward and efficient as Bitcoin within five years. In a detailed blog post published on May 3, titled “Simplifying the L1,” Buterin outlined a comprehensive strategy to overhaul Ethereum’s architecture, focusing on

Ethereum vs Solana: Which Blockchain Should You Choose in 2025

Ethereum vs Solana: Which Blockchain Should You Choose in 2025

In the fast-paced world of blockchains, Ethereum and Solana have emerged as two leading platforms, each offering distinct advantages for developers and users. Both support smart contracts, enabling decentralized applications (dApps), but they take different approaches to performance, security, and scalability. Ethereum, launched in 2015, is often credited with pioneering

1inch DEX Faces $5 Million Hack as Smart Contract Flaw Exposed

1inch DEX Faces $5 Million Hack as Smart Contract Flaw Exposed

1inch, a popular decentralized exchange (DEX) aggregator, confirmed a $5 million cryptocurrency theft stemming from a smart contract vulnerability. The breach, which came to light on March 5, 2025, targeted specific resolvers utilizing outdated Fusion v1 contracts. While the exploit resulted in substantial losses, 1inch has reassured users that end-user

Bitcoin Cash 2025 Velma Upgrade Enhances Smart Contract Capabilities

Bitcoin Cash 2025 Velma Upgrade Enhances Smart Contract Capabilities

The Bitcoin Cash (BCH) network is set to undergo a significant upgrade with the Velma hard fork on May 15, 2025. This upgrade is not just another routine patch but a strategic enhancement aimed at expanding BCH's smart contract functionalities, driven by community-proposed improvements known as CHIP-2021-05 and

US Treasury Hacked by Chinese Cybercriminals Exploiting Third-Party Software

US Treasury Hacked by Chinese Cybercriminals Exploiting Third-Party Software

In what has been described as a "major incident," the US Treasury Department has revealed that Chinese state-sponsored hackers successfully infiltrated its systems. This breach was facilitated not through direct attack but via a third-party cybersecurity service provider, BeyondTrust, whose compromised software granted the hackers access to sensitive,

Bitcoin Cash Stablecoin ‘Moria’ Challenges USDT Dominance with Over $45K Locked Post Launch

Bitcoin Cash Stablecoin ‘Moria’ Challenges USDT Dominance with Over $45K Locked Post Launch

The BCH ecosystem has introduced a new player in the stablecoin arena with the launch of Moria (MUSD), an ambitious project aiming to redefine stability in the crypto space. This decentralized native-backed layer 1 stablecoin protocol has quickly garnered attention by locking over $45,000 in total value after just

Bitcoin Cash Launches Its First Stablecoin on Cashtokens

Bitcoin Cash Launches Its First Stablecoin on Cashtokens

The Bitcoin Cash (BCH) ecosystem has just got a significant leap forward with the introduction of MUSD by the Moria Protocol, marking the debut of the first stablecoin on Bitcoin Cash Cashtokens. This development isn't just a technical achievement; it's a gateway to new financial possibilities