Smart Contract news and trends

Clockwork Winding Down Smart Contract Engine
Blockchain // August 28, 2023

Clockwork, an open-source automation engine for the Solana blockchain, has called timeout. Founder Nick Garfield said on Twitter Sunday (Aug. 27) that the company was stepping away “from active development of the protocol,” with plans to close down Oct. 31. Hi all, bittersweet news today. The team...

 Visa Builds Programmable Finance Pilot for Brazilian Farmers Using CBDC 
CBDC // May 09, 2023

The way money moves is increasingly digital — and soon, it may even be programmable. It’s one of the proof points coming out of a recently-concluded Visa-led pilot prototyping of Brazil’s blockchain-based Central Bank Digital Currency (CBDC), the Real Digital, which might enable innovative programmatic...

Israel Central Bank Says DeFi Smart Contracts May Need Oversight
Blockchain // June 20, 2022

A report Monday (June 20) from Israel’s central bank suggested that decentralized finance (DeFi) smart contracts may require oversight to prevent “malicious” acts, Bloomberg wrote. Researchers from the Bank of Israel conducting the bank’s first experiment in a central bank digital currency (CBDC) reported that...

Hacker Manipulates a Smart Contract on Li Finance; Takes $600K
Security & Fraud // March 21, 2022

The Li Finance swap aggregator experienced a smart contract attack which led to around $600,000 lost from 29 users’ wallets, a report said. The attack happened at 2:51 a.m. UTC Sunday (about 11 p.m. EDT Saturday), according to Cointelegraph. The attacker was able to exploit...

Quick Reads
Circle Launches Tools for Web3 Developers, Smart Contracts

October 19, 2023
FinTech Circle has announced the beta launch of two Web3 Services products, Gas Station and Smart Contract Platform, aimed at simplifying blockchain experiences for developers and businesses. These offerings let developers to deliver streamlined, interactive, and cost-efficient on-chain experiences for their customers, the company reported in a press release Thursday (Oct. 19). Gas Station addresses […]

Clockwork Winding Down Smart Contract Engine

August 28, 2023
Clockwork, an open-source automation engine for the Solana blockchain, has called timeout. Founder Nick Garfield said on Twitter Sunday (Aug. 27) that the company was stepping away “from active development of the...

Israel Central Bank Says DeFi Smart Contracts May Need Oversight

June 20, 2022
A report Monday (June 20) from Israel’s central bank suggested that decentralized finance (DeFi) smart contracts may require oversight to prevent “malicious” acts, Bloomberg wrote. Researchers from the Bank of...

Hacker Manipulates a Smart Contract on Li Finance; Takes $600K

March 21, 2022
The Li Finance swap aggregator experienced a smart contract attack which led to around $600,000 lost from 29 users’ wallets, a report said. The attack happened at 2:51 a.m. UTC...