EU backs Data Act with clause to shut off smart contracts
The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law. Go to Source
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Blockchain adoption continues unabated — Bloomberg analyst
Blockchain adoption has been “unabated” throughout bull and bear markets over the past years, says Bloomberg analyst Jamie Coutts. Go to Source
Coinbase launches regulated crypto futures services for US retail traders
Coinbase Advanced customers in the U.S. can trade nano-sized futures contracts sized at 1/100th of a Bitcoin and 1/10th of an Ether. Go to Source
Unibot contract $560K exploit crashes token price by more than 40%
Amid ongoing investigations from Unibot and blockchain investigators, Scopescan advised users to revoke the approvals for the exploited contract and move the funds to a new wallet. Go to Source
Base network launches 8-week training course for blockchain developers
Base Bootcamp will offer students weekly meetings with a mentor, a dedicated Discord server, and access to Coinbase and Base engineers, the team stated. Go to Source
EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain
According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum. Go to Source
EtherHiding: Hackers create novel way to hide malicious code in blockchains
Threat actors have worked out a way to hide malicious payloads in Binance smart contracts to lure victims into updating their browsers from fake prompts, according to cybersecurity researchers. Go to Source
Web3 is about solving business problems, not token prices: Google Cloud exec
While TradFi is the main source of demand for blockchain tech, digital identity and supply chain are exciting areas too, according to Google Cloud Head of Web3 James Tromans. Go to Source
NYU law professors argue ‘personal growth bets’ using smart contracts should be legal
The duo’s paper says self-contracts can help you quit smoking or lose weight, but incentives such as putting a bomb in your skull would surely test the limits of the law. Go to Source
Aave v3 fork debuts noncustodial liquidity markets on Base
Seamless Protocol, a fork of Aave v3 deployed on Base, enables smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain. Go to Source