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Developers Implicated in Alleged Smart Contract ‘Rug Pull’

Another decentralized finance (DeFi) project was rug-pulled Tuesday, with some $10.8 million in investor funds stolen due to a hidden backdoor in the project’s smart contracts.Compounder Finance – a self-described clone of Harvest and Yearn Finance built by pseudonymous programmers – had its contracts drained of $750,000 worth of wrapped

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Bitcoin Developers Launch Open-Source Dev Fund

Veteran open source Bitcoin developer John Newbery just launched Brink, an independent organization for funding Bitcoin’s open source developer community, a key component driving the global currency and making it work.Tuesday, Newbery and fellow Bitcoin Optech associate Mike Schmidt unveiled Brink, with prolific Bitcoin technical writer Dave Harding joining the

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Bison Trails launches QT protocol to help developers build on Libra

Blockchain technology and staking service provider Bison Trail has announced the launch of its Query and Transactions Clusters, or QT, protocol to help developers build on Facebook’s forthcoming Libra network.Libra QT offers a bridge between Libra’s pre-mainnet and off-chain systems, allowing dedicated off-chain infrastructure to read and write data to

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Developers Debate Disclosure Protocols After ‘Accidental’ Ethereum Hard Fork

Ethereum developers are weighing changes to publicly disclosing critical bugs following the Nov. 11 “accidental hard fork.” Geth had fixed the bug in early October following a disclosure, but it still existed in prior versions of Geth. The bug temporarily caused nodes that had not updated to the correct version of

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Amid IRS bounty and competitor progress, Monero developers ship a major update

First announced in September, Monero developers today went live with a network update featuring a new version of its node software, codenamed 'Oxygen Orion.' The product of 30 contributors, the update promises significant improvement across nearly all aspects of the privacy-focused cryptocurrency’s performance. The highlight of the new update is the

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Coinbase to Sponsor 2 Bitcoin Core Developers With New Grant Program

Coinbase is sponsoring at least two Bitcoin Core developers with a new grant program, the San Francisco-based exchange announced Thursday.“We believe helping to connect and grow the cryptoeconomy is essential to building an open financial system for the world,” Manish Gupta, executive vice president of engineering at Coinbase, said in

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