China News by Thebittimes.Com

The biggest cryptocurrency ex change in the world, Binance, has chosen to remove Cardano (ADA) and Polygon (MATIC) perpetual contracts from its listing. According to a formal announcement made on August 10, the ex change ’s decision is the result of its desire to stop offering USDS-M perpetual contracts for ADABUSD and MATICBUSD. The ex change will start the delist ing process and make the appropriate change s to leverage and margin levels following the automated settlement scheduled for August 10. Binance will close out holdings for ADABUSD and MATICBUSD It should be noted that the action is related to recent regulatory developments, possibly involving the Securities and Exchange Commission’s (SEC) categorization of Cardano and Polygon tokens as securities. This categorization has triggered legal actions against significant exchanges, such as Binance and Coinbase, which have reverberated across the cryptocurrency ecosystem. Although Cardano and Polygon strenuously r...

Smart contract development firm Thirdweb has discovered security vulnerabilities that potentially “affect various smart contracts in the Web3 ecosystem.” Thirdweb, an all-in-one development platform that provides EVM smart contracts, says it found a vulnerability in a popular open-source library that could potentially affect some pre-built smart contracts, including some of its own. IMPORTANT On November 20th, 2023 6pm PST, we became aware of a security vulnerability in a commonly used open-source library in the web3 industry. This impacts a variety of smart contract s across the web3 ecosystem, including some of thirdweb’s pre-built smart contract s.… — thirdweb (@thirdweb) December 5, 2023 The team added that the smart contract vulnerability has not yet been exploited, but warned customers that the exploit could cause smart contract vulnerabilities. You might also like: Stellar initiates security audits for imminent Soroban smart contracts platform ...