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Polygon calls on EU lawmakers to address smart contracts in Data Act

Polygon Labs, the core company behind the development of Ethereum layer-2 scaling solution Polygon, has called on policymakers in the European Union to “clarify the scope and intent” of legislation targeting smart contracts.In an open letter published to members of the European Parliament, the European Council and the European Commission

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Reddit deploys Gen 3 NFT avatar contracts on Polygon

Online discussion platform Reddit has deployed the third generation of its blockchain-based digital collectibles dubbed “Reddit Avatars” on the Polygon blockchain, resulting in community members and collectors expressing their thoughts on the much-anticipated drop. The nonfungible token (NFT) avatars were first introduced in July 2022 to empower artists to create and sell

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Astar Network to launch smart contracts that support two virtual machines

Multichain decentralized application (DApp) protocol Astar Network will launch the second iteration of its smart contracts that supports both Ethereum Virtual Machine (EVM) WebAssembly Virtual Machine (WASM VM) on its mainnet on April 6. In an announcement sent to Cointelegraph, Astar Network founder Sota Watanabe explained that the new update would

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Filecoin Virtual Machine Goes Live on Mainnet, Now Supports Smart Contracts and User Programmability

The arrival of the Filecoin Virtual Machine on the mainnet presents a slew of rewarding opportunities to developers.  The Filecoin Virtual Machine (FVM) recently went live on the mainnet, with the payment system’s blockchain now supporting added features. These features include smart contracts and user programmability through the Filecoin

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Europarliament approves Data Act that requires kill switches on smart contracts

The European Parliament passed the Data Act on March 14. The comprehensive bill was intended to “boost innovation by removing barriers obstructing access to industrial data.” Among its provisions is an article that would require smart contracts to be alterable. The legislation established rules for fairly sharing data generated by “connected

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