AI Smart Contract Exploits: Expert Warns Agents Could Trigger $10–20B Annual Losses in DeFi Sector

A recent study by MATS and Anthropic Fellows confirms that AI agents can profitably exploit smart contract vulnerabilities, establishing a “concrete lower bound” for economic harm. Novel Exploits and Alarming Cost Reduction The accelerating push to automate human tasks with Artificial Intelligence (AI) agents now confronts a significant, quantifiable downside: these agents can profitably exploit … Read more

Are Smart Contracts Legally Enforceable?

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Can Smart Contracts Be Enforced Under the Law? If you’ve ever asked whether smart … Read more

AI and Smart Contracts: Legal Implications for Crypto

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. AI and Smart Contracts in Focus The intersection of artificial intelligence (AI) and blockchain … Read more

Etherscan Unveils EIP-7702 Tracking as Ethereum’s Pectra Upgrade Goes Live

Etherscan has launched monitoring tools for EIP-7702 authorizations following Ethereum’s Pectra upgrade, which introduced 11 improvement proposals to bolster scalability, security, and user experience. Ethereum Users Gain Smart Contract Flexibility With EIP-7702 Post-Pectra Ethereum’s Pectra upgrade, combining the Prague and Electra updates, went live on May 7, 2025, activating 11 Ethereum Improvement Proposals (EIPs), including … Read more

$63M Investment Fuels Raise’s Blockchain-Powered Smart Cards

Raise, a Chicago-based gift card marketplace, secured $63 million in funding led by Haun Ventures and backed by Paypal to expand its blockchain-based Smart Cards system, the company announced this week. Paypal-Backed Raise Raises $63M; Aims to Revolutionize Gift Cards via Blockchain The funding round, which included Accel, New Enterprise Associates and others, brings Raise’s … Read more