$1.88M Reportedly Drained in TransitFinance Exploit that Exposes Hidden Risks of Legacy Smart Contracts

2026-5-14 19:37

In yet another incident in the growing ecosystem of decentralized finance (DeFi), TransitFinance has reportedly suffered a smart contract hack, which resulted in an estimated loss of around $1. 88 million. origin »

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Simplicity Language to Give Bitcoin Ethereum-Like Smart Contract Capabilities

Simplicity, a combinator-based, typed, and functional language for blockchain applications can reportedly enable Bitcoin’s Script language to handle more complex yet reliable smart contracts. Bitcoin Script Language is Limited, For Now According to a new research from Blockstream on Simplicity – a blockchain applications language – distributed ledgers pose a range of unique challenges, which make traditional programming languages unfit.

2018-11-30 21:00