Deploying smart contracts on the Ethereum blockchain
First of all, one or more developers must obviously create the smart contract by writing the appropriate lines of code, and then they must send it to the Ethereum network.
In technical terms, publishing it on the Ethereum blockchain means making all the nodes in the network receive and execute it. Once published, all instructions in it will always be executed by all nodes in exactly the same way.
Therefore, not only its publication but also the execution of instructions is irreversible once it is published on the blockchain.
Therefore, what really matters are the instructions it contains – which can be the most diverse – and how many people use it. Indeed, in order for the instructions of a smart contract to actually be executed, there must be one or more transactions that invoke them.
It is also worth remembering that these instructions generally involve the use of resources, such as data or tokens, so for them to actually be executed, all the conditions set as necessary must be met.
Sometimes this data comes from outside, thanks to so-called oracles, while sometimes it simply comes from transactions on the blockchain.
Usually, the transaction that triggers the execution of the instructions contained in a smart contract involves the payment of a fee in ETH, and in many cases in order to actually trigger the execution also involves the payment or sending of tokens specific to the smart contract itself, or other smart contracts.
Technically, smart contracts are a type of account on the Ethereum blockchain, “controlled” by the network rather than a central entity. They can store ETH or tokens, and can also send transactions on the network autonomously.
A contract in the Solidity language would be like a kind of union of a code (the functions) and data (its state) located at a specific address on the Ethereum blockchain. Each contract contains declarations of state variables, functions, function modifiers, data structures and events.
The MiCA regulation, which came into force with the aim of uniformly regulating the cryptocurrency sector within the European Union, imposes new conditions that particularly concern:
- – The mandatory authorization of crypto service providers
- – The transparency of whitepapers
- – The reserve requirement for stablecoin issuers
- – Surveillance on systemic risks
One of the main impacts is precisely on stablecoins, like USDT, which will have to demonstrate that they have solid, transparent, and accessible reserve assets.
The platforms that wish to maintain the trading of these tokens within the European market will need to ensure that the assets are fully compliant.
The possible trigger: an update from Binance
At 10:30 UTC, Binance announced changes to the leverage and margin requirements for perpetual contracts on several pairs, including ACT/USDT. The announcement specified that the new rules would also apply to existing positions.
According to some analysts, this could have:
- Activate automatic adjustments in arbitrage and market making bots
- Trigger liquidations on cross-margin positions
- Spread rapidly to the spot market as well, creating a domino effect
A pseudonymous user on X, Game, explained:
“The update hit the perpetual, but it also sent the spot into a panic. Those who had connected positions began to close them quickly, amplifying the crash.”
The phenomenon has spread beyond Binance, with similar movements recorded on:
- Other centralized exchanges
- Decentralized platforms (DEX)
In some cases, the tokens were quickly purchased by algorithmic or manual traders who took advantage of the flash crash.
Tokens like KAVA, in fact, were purchased at a discount and recovered value in a few minutes.
The law, unanimously approved in both chambers, establishes important rights for citizens and businesses operating in the bull and bear cryptocurrency sector.
Among the key points:
- Right to self-custody of digital assets
- Possibility to operate blockchain nodes without restrictions
- Free cryptocurrency transaction without fears of discriminatory regulations
- Protection for mining activities from penalizing urban planning regulations
- Clarity on staking regulations, excluding it from the category of financial securities
Furthermore, another bill is under discussion that would allow the State Investment Commission to invest up to 10% of the excess state reserves in Bitcoin and other cryptocurrencies.
“I am excited to join Kraken’s mission at this crucial moment and to lead our expansion efforts. We are committed to serving our customers in the long term with innovative and compliant products.”
In any case, Kraken, unlike its competitors, has chosen to move in the opposite direction, strengthening its commitment through an initiative of proactive compliance.
The decision to obtain an official registration and appoint an expert figure in the sector like Cynthia Del Pozo, signals not only a long-term vision but also a strategy focused on regulatory stability and investor confidence.
This strategic choice could prove to be particularly successful in a context where regulatory clarity represents one of the most relevant assets for attracting both retail and institutional investors.
Since September 5, trading volumes on DEX (decentralized exchanges) of the Solana network have increased by 7%, demonstrating that interest in using the blockchain remains strong.
Furthermore, the total value locked (TVL) in SOL has grown by 11% in the last month, now reaching 36 million SOL.
This increase in activity not only highlights the importance of Solana as a smart contract and DEX platform, but also suggests that developers and investors continue to see the network as a promising environment for innovation and value creation.
The rapid growth of decentralized applications (dApp) on Solana is another indicator of this bull trend.
This technological solution is designed to improve the efficiency of transactions, reducing costs and increasing speed compared to the main Ethereum blockchain.
Thanks to Base, Coinbase Wallet users can benefit from a smoother and more convenient experience, further encouraging the adoption of USDC.
The choice to use this infrastructure to distribute rewards demonstrates Coinbase’s commitment to integrating cutting-edge technology to improve its services.
The integration with external wallets offers several benefits:
- – Instant payments: transactions occur without having to manually move funds.
- – Reduction of errors: by eliminating manual transfers, the risk of sending cryptocurrencies to incorrect addresses is lowered.
- – Facilitated access: users can manage their assets directly from their preferred wallet, without having to resort to intermediaries.
This solution is particularly useful for those who make frequent payments in cryptocurrencies, making the use of Oobit more fluid and immediate.
The 1.3% of the portfolio in Bitcoin suggests that, while recognizing the role of BTC as a store of value, Zhao has chosen to allocate only a small part of his capital to it.
BTC is often considered the safe haven of the crypto sector, with a market capitalization higher than any other cryptocurrency.
This choice could be interpreted as a minimal diversification strategy, maintaining an exposure to Bitcoin without however diverting most of its resources from BNB.
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