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Security Firm Warns of 55 Potential Crypto Scams on Binance Smart Chain

For Hannah Perez PeckShield analyzed BSC-based token smart contracts and found that at least 55 have malicious functionality. A recent investigation found more than five dozen suspicious-looking cryptocurrency projects operating on the blockchain. Binance SmartChain (BSC). the security firm blockchain, PeckShield, warned this Thursday about 55 cryptocurrency projects that could be potential scams. Through its …

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UK Law Commission notes that Blockchain-based smart contracts have legal validity

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By Angel Di Matteo @shadowargel In this regard, the Commission clarifies that these instruments do not conflict with the laws in force in the United Kingdom, so they recommend that the parties involved be clear about the properties and risks inherent in their use. *** The UK Law Commission, the entity in charge of monitoring …

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Smart contracts platform Agoric raises $ 32 million in private token sale

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By Angel Di Matteo @shadowargel As such, Agoric has contemplated taking Blockchain and smart contracts to developers who manage JavaScript, one of the most widely used programming languages today. *** The JavaScript-based smart contracts platform built on the network of Cosmos, Agoric, managed to raise a total of USD $ 32 million in a private …

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Binance Smart Chain proposes to introduce fee-burning mechanism similar to Ethereum

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By Hannah perez The Binance blockchain could see a fee-burning mechanism similar to the one Ethereum introduced with EIP-1559. Proposal BEP-95 is awaiting a vote. *** Binance Smart Chain (BSC), the blockchain of the largest cryptocurrency exchange, Binance, could soon operate using a token burning mechanism similar to the one just introduced on the network …

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IOTA launches beta phase of smart contracts in search of greater interoperability – DiarioBitcoin

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By Hannah perez The president of the IOTA Foundation said that the low-cost feature of IOTA smart contracts are “the wet dream” of DeFi operators. *** IOTA, the decentralized project based on Internet of Things (IOT), announced this Thursday the launch of the smart contracts functionality in beta version. The development marks a crucial step …

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