A U.S. appeals court has deemed the sanctions imposed by OFAC on Tornado Cash smart contracts as unlawful, reshaping the crypto landscape.
The lending protocol Prisma Finance was compromised due to vulnerabilities in two MigrateTroveZap smart contracts, enabling the theft of funds secured as loan collateral.
The Stellar Development Foundation has supported the decision to delay the network's update to add smart contracts due to a software bug. Initially, foundation representatives minimized the severity of this bug but revised their position in response to critiques from the developer community.
The cryptocurrency project Evmos, which allows deploying Ethereum smart contracts on the Cosmos blockchain, decided to completely abandon the support of native Cosmos transactions and focus on Ethereum by the end of 2024.
Hackers gained access to three private keys that control the Radiant protocol, allowing them to manipulate smart contracts and withdraw user funds.
The DEX aggregator 1inch introduced a new feature, Fusion+, enabling cross-chain swaps without the need for centralized intermediaries. The system integrates atomic swap technology, ensuring automatic execution through smart contracts.
The Cardano mainnet was targeted by a DDoS attack in which the perpetrator attempted to overload the system by launching hundreds of smart contracts in an effort to steal staked tokens. However, the developers coordinated a response that successfully thwarted the attack, resulting in the hacker losing funds instead.
JPMorgan CEO Jamie Dimon, in a CNBC interview, made a distinction between cryptocurrencies that facilitate smart contracts (for data transfer and tokenization) and those he considers to have no inherent value.
Web3 development platform Thirdweb has detected a critical vulnerability in its open-source library, impacting various NFT collections. This issue affects a range of pre-built smart contracts, including DropERC20, ERC721, ERC1155, and AirdropERC20.
Ukrainian blockchain security firm, Hacken, has entered into a partnership with the smart contract platform Radix to conduct audits on projects developed using their proprietary programming language, Scrypto.
The Optimism Governance has announced a direct distribution of unclaimed tokens from the inaugural airdrop. They aim to distribute (if not already done) 48 million OP across over 88,000 distinct addresses. This accounts for about 25% of all the addresses originally qualified to receive tokens. This decision was made to allow the team to shift their focus to other endeavors related to smart contracts and upcoming airdrops.
