Smart Contracts

Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand

Source Node: https://cointelegraph.com/news/chiliz-chz-rallies-60-to-a-1b-market-cap-as-fan-token-offerings-expand
Time Stamp: March 8, 2021 6:15 PM - Modified On: March 8, 2021 - Published By:
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Republished By Plato

Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply these concepts into a framework for sports fan engagement is Chiliz, a blockchain platform created by the Socios fan engagement platform. The project is designed to allow fans to purchase branded Fan Tokens that let them influence their teams through the popular vote. According to the project website, all Fan

Crypto Whales Are Quietly Accumulating These Three Altcoins, According to Analytics Firm Santiment

Source Node: https://coingenius.news/crypto-whales-are-quietly-accumulating-these-three-altcoins-according-to-analytics-firm-santiment/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-whales-are-quietly-accumulating-these-three-altcoins-according-to-analytics-firm-santiment
Time Stamp: March 7, 2021 3:04 AM - Modified On: March 7, 2021 - Published By:
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Republished By Plato

On Mar. 7, PAID Network released a post on Medium with a report on its Mar. 5 exploit. What Happened In the report, PAID founder Kyle Chassé states that the attacker utilized a compromised private key to take advantage of the smart contract upgrade function. “The attacker then proceeded to ‘upgrade’ to a new smart contract which had the ability to burn and re-mint tokens.” The attacker proceeded to mint 59,471,745.571 PAID tokens and then began to sell them. Over 2.5 million PAID tokens were sold on Uniswap. The hacker

Chainlink Introduces VRF Tool to Help Smart Contracts Achieve On-Chain Randomness

Source Node: https://blockonomi.com/chainlink-vrf-tool/
Time Stamp: May 13, 2020 5:49 AM - Modified On: May 13, 2020 - Published By:
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Republished By Plato

Chainlink is best known for its pioneering work around decentralized oracles, but the project’s experts have also gone expansive with work on Mixicles, meta oracles, and beyond. The Link Marines are buzzing anew, then, as Chainlink has rolled out yet another major contribution to the smart contracts ecosystem this week, the Chainlink VRF. The “VRF” in that stands for verifiable random function, a cryptographic primitive that can generate random numbers in verifiable and unbiasable fashion. Why’s this important? There are no shortage of use cases in which blockchain projects could