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Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321
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Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January 9, 2023, and most
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On the back of the worst year for crypto hacks and exploits, the crypto community has given some advice to newbie investors going into 2023 — check your smart contract approvals and revoke access regularly. Reddit user 4cademy posted their advice to the r/CryptoCurrency subreddit on Jan. 1, noting that they had
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At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum
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4th Quarter Market Outlook: The CoinDesk Smart Contract Platform Index (SMT) Original Source
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It was previously reported that Hoeptner left the company in October 2022. Source
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Place/Date: - December 14th, 2022 at 12:00 pm UTC · 3 min read Contact: SIMBA Chain, Source: SIMBA Chain This long-term, government-wide contract permits Simba Chain to supply its blockchain solutions and services to all Federal US agencies.Since inception, Simba Chain has built
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Decentralized finance (DeFi) markets may have cooled down over the past year, but the technology powering these applications continues to advance. In particular, smart contract platforms that enable transactions to take place across DeFi applications are maturing to meet enterprise requirements. While it’s notable that enterprises have previously shown interest in
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Blockchain is supposed to be secure for everyone. Is it the reality?According to reports, 5% of blockchain smart contracts were susceptible to funding lock, information loss, and user data leakage. Even Ethereum, the largest network, acknowledged that more than 32,000 smart agreements worth $4.4 million posed a security risk.Thus, we
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Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda Research, the
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