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.
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.
