smart contracts


Policy

EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision

The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Finance

Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders

The firm aims to allow blockchain governance protocols to encode role-based functionality.

Llama co-founders Austin Green and Shreyas Hariharan (Llama)

Tech

Stellar, Early Blockchain Built for Payments, Adds Smart Contracts to Take on Ethereum

The nine-year-old project, one of the earliest major blockchains, is getting a facelift to incorporate "smart contracts," which theoretically could attract new applications and users – and potentially more demand for the XLM token.

Stellar Development Foundation's Tomer Weller, who is leading the "Soroban" project to add smart contracts. (Stellar)

Tech

Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan

A goal of Robin Linus's design for "BitVM" is to enable Turing-complete Bitcoin contracts – making the blockchain programmable, similar to a computer – without making the network more complicated for other users.

Robin Linus, a core contributor to ZeroSync and the author of the new "BitVM" paper. (Robin Linus)

CoinDesk Indices

DeFi and Credit Risk

This potentially disruptive sector must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.

(Alina Grubnyak/Unsplash)

Finance

Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding

The fundraising was led by Blockchange Ventures with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, Iclub and TA Ventures.

Cube3.ai founder and CEO Einaras Gravrock (CUBE3.AI)

Policy

EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the clause, according to a final version of the text seen by CoinDesk

The EU's Data Act regulates smart contracts (Pixabay)

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Policy

EU’s Controversial Smart Contract Kill-Switch Rules Finalized by Negotiators

Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry.

The EU is looking to govern data from connected devices (Pete Linforth/Pixabay)

Policy

EU Commission Brushes Off 'Data Act' Fears by Crypto Industry

New rules could kill off permissionless smart contracts, the industry worries.

The EU Data Act has raised smart contract fears (Pixabay)