Gelato secures $11M funding, adds Kraken’s Ink to rollup platform
The latest round brings Gelato’s total funding to $23 million as it aims to expand its smart-contract automation platform. Go to Source
Smart Contracts
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Latam Insights: Brazil Pushes BRICS Away From the US Dollar, Bitcoin Adoption Falters in El Salvador
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil pushes BRICS to use national currencies instead of the dollar, bitcoin adoption reaches critical levels in El Salvador, and smart contracts achieve legal status in Argentina. Brazil Pushes BRICS to Shift From … Read more
DTCC launches digital sandbox to innovate capital market infrastructure
The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases. Go to Source
Smart Contracts Achieve Legal Breakthrough in Argentina
Smart contracts, the blockchain-automated programs, are now legal in Argentina after local jurisdiction recognized the enforceability of the first one. They can now be used to execute rental agreements, purchase payments, and other legal contracts, as cryptocurrency is now approved for use as payment in commercial contracts in the country. Smart Contracts Reach Legally Enforceable … Read more
Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2
The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number. Go to Source
FBI accused of violating MIT License in smart contract code usage
The FBI has faced claims over the improper use of OpenZeppelin’s libraries in its smart contracts, sparking legal concerns. Go to Source
Tracing the evolution of Blockchain, with Eos Network Foundation exec
Decentralize with Cointelegraph is joined by Bart Wyatt of the Eos Network Foundation to explore blockchain’s journey from a decentralized ledger to a transformative technology. Go to Source
Szabo or NSA? New report revisits Bitcoin creator mystery
As HBO’s documentary sparks fresh debate, a new report from 10x Research revisits theories about Bitcoin’s enigmatic creator, Satoshi Nakamoto, involving Nick Szabo and the NSA. Go to Source
Arrington Capital-backed RedStone launches Bitcoin staking oracles
Without Bitcoin staking oracles, BTC-based liquid staking tokens can be only used to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak. Go to Source
From $37B to $24.5B: DAO Treasuries Experience Significant Downturn
In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations … Read more
