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Cardano adds over 5,000 smart contracts so far in February

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Whether you pick the wrong track when skiing, lose your breaks on the highway, read von Clausewitz, or play a strategy video game, the concept of snowballing is likely something you have already met at one point or another. Additionally, snowballing is certainly something Cardano (ADA) has been experiencing for several months – particularly upon integrating smart contract functionality into its network.  At the end of 2023. Finbold reported that the Plutus smart contract s platform – v1 and v2 – on Cardano hosted 14,302 smart contract s, meaning their number surged by 10,000 throughout the year.  While the figures were and remain impressive, data calculated by Finbold reveals that this trend not only continued but significantly picked up pace both in January and February 2024.  Picked for you Robert Kiyosaki warns S&P to fall 70% in ‘biggest crash in history'  3 mins ago Solana bleeds $2 billion in a day 24 mins ago Best ...

EU finalizes controversial smart contract kill switch rules under Data Act

The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14. European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed by the EU’s Commissioner for Internal Markets, Thierry Breton, in a tweet calling it a “milestone in reshaping the digital space.” Another deal! ⁰Tonight’s agreement on the #DataAct is a milestone in reshaping the digital space. Thanks to the swift work of the EP @delcastillop & the Council Presidency, we are on the way of a thriving data economy that is innovative & open — on our conditions. pic.twitter.com/vTWUU8xTx9 — Thierry Breton (@ThierryBreton) June 27, 2023 The European Parliament passed the Data Act on March 14, but negotiations among EU lawmakers on the bill’s final version have been ongoing. The act is focused on the fair use of industrial data and removing barri...