Ethereum 

Blockchain Dev Firm Launches First Smart Contracts on Microsoft’s .NET

Developers can now write smart contracts in C# on Microsoft’s .NET architecture. Blockchain development firm Stratis Group Ltd has launched the first smart contracts on Microsoft’s .NET architecture, according to a press release shared with Cointelegraph on July 3. The company has introduced the Cirrus Sidechain Masternodes and Stratis Smart Contracts products designed to enable businesses to develop smart contracts in the programming language C#, a general-purpose language originally developed by Microsoft within its development platform .NET. This will purportedly allow enterprises to deploy smart contracts on one underlying general-purpose…

Read More
Blockchain 

Malta to Register All Property Rental Contracts on Blockchain

In Malta, new rules will require that all property rental contracts be registered on a blockchain for security considerations, local news outlet Malta Today reported on June 23. Malta’s Prime Minister, Joseph Muscat said that the cabinet approved new regulations, which will be announced over the coming days, that require rent contracts be registered on a blockchain to protect them from tampering and ensure authorized access. Muscat said: “We will now be showing people the added value of this technology through applying it to something which they will use in…

Read More
Bitcoin 

Mike Novogratz’s Galaxy Digital to Launch Crypto Options Contracts Trading: Report

Mike Novogratz’s crypto investment bank Galaxy Digital is expanding its services to offer crypto options contracts trading, industry media outlet The Block reports on June 21. According to the report, Galaxy Digital’s new initiative is made in response to increasing demand from institutional investors in order to hedge the high volatility that is a calling card of crypto assets. Bitcoin (BTC) options are a type of crypto derivative that are a wide-spread method of profiting from a highly volatile market by strategically hedging risks such as reducing portfolio risks, and…

Read More
Bitcoin 

Open Interest in Bitcoin Futures Contracts Hit All-Time High

The Chicago Mercantile Exchange (CME) Group has released data showing that open interest in Bitcoin futures is rising, as per an official Twitter post on June 18. Interest in BTC futures over time: https://twitter.com/CMEGroup/status/1141015074062110721 According to CME, bitcoin (BTC) open interest spiked on June 17 with an all-time high of 5,311 contracts totalling 26,555 BTC, or approximately $246 million at press time. Futures are standardized contracts that bind a party to buying or selling some asset at a predetermined date. Notably, the CME group also remarked in the Twitter post…

Read More
Blockchain 

Cryptocurrency and Smart Contracts Will For Sure Enter Into Society, Says Senior UK Lawyer

One of the United Kingdom’s most senior lawyers said in a speech on May 2 that cryptocurrency and smart contract use will inevitably begin, but regulations are needed. Addressing the University of Liverpool School of Law and the Northern Chancery Bar Association, Sir Geoffery Vos, Chancellor of the High Court, dedicated time to exploring necessary changes in order for smart contracts and crypto assets to become widespread. “My starting point is to ask why smart contracts have taken so long to become ubiquitous,” he began. Vos continued: “We have been…

Read More
Bitcoin 

SEC Staff Publish Framework for Determining If Digital Assets Are Investment Contracts

Staff at the United States Securities and Exchange Commission (SEC) have published a framework to help market participants ascertain whether or not a digital asset is deemed to be an investment contract, and therefore a security. The new “Framework for ‘Investment Contract’ Analysis of Digital Assets” was published on April 3, accompanied by an official statement. Notably, the framework is the work of two SEC Commissioners: Bill Hinman, director of the SEC’s Division of Corporation Finance and Valerie Szczepanik, Senior Advisor for Digital Assets and Innovation — colloquially known as…

Read More
Blockchain 

Kudelski Partners With Smart Contracts Auditor Hosho on Blockchain Security Solutions

Cybersecurity solutions provider Kudelski Security has entered a strategic partnership with smart contracts auditing firm Hosho in order to provide greater security for blockchain ecosystems. The news was announced in a press release from Kudelski on March 19. As Cointelegraph auf Deutsch previously reported, Kudelski Security — a Swiss-born, stalwart tech security solutions provider whose multinational operations run from locations across Europe and the United States — launched a Blockchain Security Center (BSC) this January. Kudelski, which has expertise in the field of applied cryptography, says it established the partnership…

Read More
Ethereum 

Company Tackles Security Issues in Ethereum Smart Contracts

A decentralized, open-source crypto platform based on the Ethereum protocol named Callisto Network offers users free-of-charge smart contract security audits. The company wants to support them in the battle against cyber criminals and help developers solve security issues in Ethereum codes. Blockchain audit One of the most common crypto crimes nowadays is hacking exchanges. According to the reports of crypto analytics companies Chainalysis and CipherTrace, cyber criminals generated around $1 billion in revenue in 2018. During the latest attacks, users lost 1.35 million Bitcoin (BTC) in the Mt. Gox hack…

Read More
Bitcoin 

Argo Blockchain Plans to Terminate Mining Contracts, Cut Costs by 35 Percent

United Kingdom-based cryptocurrency mining provider Argo Blockchain announced it was refocusing its business as part of a major cost-cutting exercise, according to a strategy update published on Feb. 15. Argo, which is headquartered in London with facilities in Quebec, said it would terminate its Mining-as-a-Service (MaaS) operations by April, focusing solely on direct mining. MaaS operators facilitate cryptocurrency mining on borrowed hardware remotely. Explaining its decision, Argo said the ongoing suppression of Bitcoin (BTC) prices and associated reduced profitability of mining had caused it to slim down its expenses sheet.…

Read More
Blockchain 

Smart Contracts Are No Problem for the World’s Legal Systems, so Long as They Behave Like Legal Contracts

Cryptocurrencies have been a headache (if not a nightmare) for the law. Ever since Ross Ulbricht launched the Silk Road online marketplace in February 2011, Bitcoin and its ilk have been disrupting the ability of authorities to police the globe, and to ensure that norms, regulations and laws are being observed. For a while, it was believed by some that smart contracts — essentially if-then instructions written into and executed by a blockchain — would do something very similar to the law itself, coming into potential conflict with the globe’s…

Read More