Thursday, November 21, 2024
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Blockchain devs expect complications from EU smart contract kill switch

The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a smart contract to have a “kill switch.”In a Nov. 9 press release, the parliament

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Solana’s genesis story — Anatoly Yakovenko’s vision for a high-performance blockchain

“I literally had two coffees and a beer, and I had this eureka moment at four in the morning," Solana co-founder Anatoly Yakovenko recalls as he leans back thoughtfully. Speaking to Cointelegraph at the annual Breakpoint conference in Amsterdam, the co-founder recounts a late night brainwave of a “hyper-optimized, fast as possible”

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Measuring Blockchain Adoption, Utility, and Health with On-Chain Transaction Volume

Conversely, during bearish periods, trading volumes start to dwindle, with bursts of activity around periods of deleveraging. Uncertainty, negative news, regulatory crackdowns, or market corrections often lead to a decline in trading. Investors might adopt a wait-and-see approach, leading to decreased transaction volumes, and they might move their assets to

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Belgium leads charge to renew EU blockchain infrastructure project

The Belgian government has announced plans to expedite the development of a European blockchain infrastructure during its EU Council presidency in early 2024. The proposal aims to enhance the secure management and storage of official documents, including driving licenses and property deeds. In a statement on Nov. 21, Mathieu Michel, Belgium’s Secretary

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Belgium seeks to reboot the EU blockchain infrastructure project

Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council in early 2024, according to the goveernm. The proposal aims to facilitate the secure storage of official documents like driving licenses and property titles. The development of public blockchain for the pan-EU infrastructure

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Bitcoin Consolidates as Profitability for Long-Term Holders Increases – Blockchain News, Opinion, TV and Jobs

Last week, Bitcoin (BTC) concluded at approximately $37,350, posting an increase of 0.8% compared to the preceding week’s closing value of $37,000. It commenced with notable volatility, witnessing BTC’s price dropping to as low as $34,800 on Tuesday, followed by a robust recovery, nearly reaching $38,000 on Wednesday. Subsequently, BTC

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Blockchain Domain-Name Provider Ethereum Name Service Pushes Back Against Rival’s Patent

In the statement to CryptoX, Unstoppable's Gould said that “the patent is directly related to the technology we deployed for our original “.crypto” registry on Ethereum and is distinct to our use, including many inventions that make it easier for a centralized company like ours to run a domain registry,

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Colony Lab to Invest $10M to Support AVAX Crypto Ecosystem, Avalanche Blockchain

"As we channel a $10 million investment into the Avalanche ecosystem, we're not just growing Colony Lab – we're fostering the long-term potential of AVAX,” CEO Elie Le Rest said in a message to CryptoX. “Avalanche understands that real blockchain growth comes from expanding its use cases, and its technology

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Blockchain Association Offers Support to Lift Sanctions on Tornado Cash

Blockchain Association slammed the OFAC stating that the regulator should catch hold of individuals engaging in illicit activities instead of imposing the ban. The Blockchain Association has reiterated its support for six plaintiffs challenging the US Treasury Office of Foreign Assets Control (OFAC) over the sanctions imposed on Tornado Cash,

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