blockchain contracts

blockchain contracts

Markets

Oil veteran is putting the $6 trillion crude market on blockchain

LITRO aims to modernize the $6 trillion oil market by replacing slow, paper-based settlement with 24/7, on-chain trading and redemption.

CoinDesk

Markets

DeFi protocol ZeroLend shuts down after three years, citing inactive chains and hacks

The protocol is shutting down after three years, citing unsustainable economics, thin margins and rising security threats.

Shut down. (planet_fox/Pixabay)

Tech

Ethereum blockchain beats its own speed-ups, but there's a catch

Ethereum’s daily active addresses climbed above major layer-2 networks in January as lower fees revived on-chain activity.

Major tokens look to have resumed the slow grind higher. (NEOM/Unsplash/Modified by CoinDesk))

Markets

Truebit token crashes 99.9% after hacker drains $26.6 million in ether

The attack exploited a flaw in an older smart contract, allowing the attacker to buy TRU at no cost and sell it back to extract ether.

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Policy

Illinois Legalizes Blockchain Contracts

With the new year Illinois became the latest state to recognize smart contracts and other blockchain-based records as legal instruments.

Illinois image via Shutterstock