Blockchain security startup PeckShield has come across a critical vulnerability in multiple Ethereum smart contracts (based on the ERC20 protocol) which results in integer overflow – a common issue ...
Crypto exchange Poloniex has suspended all ERC-20 (Ethereum-based) token deposits and withdrawals, and HitBTC has initiated an internal inspection that takes deposits and transfers offline, following ...
Bitcoin was invented to replace banks, but underlying technology - blockchain – proved it could replace almost any intermediary. It did not stop there; now that we had digital money, we could do ...
The discovery of a bug has led to OKEX exchange halting all ERC20 token deposits. In a blog post, the exchange confirmed that the bug, called BatchOverFlow, was allowing malicious parties to “generate ...
With the growth of DeFi and Web3-based products, many entrepreneurs may be looking to blockchain technology not only as a source of greater financial flexibility but also as a means of safeguarding ...
Smart contracts are programs written on the blockchain that self-execute when certain conditions are met. They use code to define and enforce the rules of the contract. Once a smart contract is ...
SHORT ANSWER: Smart contracts are digital agreements programmed and stored on blockchains that automatically execute when conditions are met. Smart contracts eliminate the need for centralized ...
You have probably heard that blockchain technology and "smart contracts" are going to revolutionize our lives. But there’s a problem: before smart contracts can do anything really useful, they need a ...
The flight to Barbados isn’t a short one. I left home at 5am and didn’t get into Barbados until after midnight thanks to a minor delay caused by inclement weather surrounding Miami. I heard that it’ll ...
CFOs and finance departments are always looking for reductions in cost and increases in speed and efficiency in business engagements. One option that’s attracting more attention is the smart contract.
In a world where most of the infrastructure behind processes, applications, and agreements relies on centralized entities, smart contracts are a novel concept that fosters trust and removes the need ...
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