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Web3 startups queue up: Consensys Startup Program partners with Cointelegraph Accelerator

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Cointelegraph Accelerator participants will get a headstart with Consensys’ Web3 solutions, including MetaMask, Infura and Linea zkEVM. The transition from Web2 to Web3 is reshaping the technology landscape and attracting the attention of developers. Despite the challenges faced during the current crypto winter, the Web3 ecosystem continued to onboard new developers, with many thousands of developers making the jump from Web2 to Web3. However, developers working with Web3 and blockchain technology can face numerous issues if they lack the proper knowledge, infrastructure and tools. Web3 teams need assistance developing in a complex environment without introducing vulnerabilities into their smart contracts that could lead to security breaches, such as hacks and exploits. The number of active Web3 developers is rising. Source: Electric Capital. To avoid these potential setbacks, Web3 startups are seeking support from established industry players. Blockchain and web3 software company Con...

Celo Foundation and Google Cloud partner to support sustainable Web3 startups

The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Google’s mobile development platform, Firebase. The Celo Foundation has partnered with Google Cloud to support mission-aligned projects in Celo's blockchain ecosystem and advance the early adoption of Google Cloud services. The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Firebase usage, thereby enhancing Celo's mobile-first infrastructure and decentralized applications (Dapps). Firebase is a mobile and web application development platform developed by Google that provides developers with various tools and services for building apps, including authentication, real-time databases, cloud storage, and messaging. According to the announcement, the Google Cloud team will also provide mentorship and guidance to the Celo Foundation's Founders in Residence program and participate in the virtual Celo Camp accelerator program, which su...

ChatGPT won’t replace developers - ETHDubai devs weigh in

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The latest version of ChatGPT is able to identify Ethereum smart contract vulnerabilities and exploits - but will it replace developers in the future? The newest version of ChatGPT has caused a stir online, scoring high marks for SAT tests and highlighting vulnerabilities and exploits in Ethereum smart contracts. GPT-4 is the latest version of the highly influential artificial intelligence (AI) language model, boasting ‘human-level performance on various professional and academic benchmarks,’ according to its developer OpenAI. Aside from outstanding scores on a range of various professional and academic benchmarks, GPT-4 has also demonstrated the ability to review Ethereum smart contracts, highlighting vulnerabilities and even suggesting potential ways to exploit the code. I dumped a live Ethereum contract into GPT-4. In an instant, it highlighted a number of Security vulnerabilities and pointed out surface areas where the contract could be exploited. It then verified a specific way I...

Aave deploys V3 on Ethereum after 10 months of testing on other networks

The new version includes features that developers believe will increase capital efficiency and lower gas fees The third version of crypto Lending app Aave has now been deploy ed to Ethereum for the first time, according to a Jan. 27 tweet thread from the Aave team. “Aave V3” was originally released in March 2022, and it was deploy ed on multiple Ethereum Virtual Machine (EVM)-compatible blockchains shortly afterward. Until now, Ethereum users only had access to the app's older “V2” version. Aave Protocol V3 is now live on the Ethereum market ”The most exciting aspect of V3 is its flexible design, which enables a variety of new risk mitigation features, and its improved capital efficiency & decentralized liquidity – all while reducing gas costs.” @StaniKulechov pic.twitter.com/QsSnnlhEMr — Aave (@AaveAave) January 27, 2023 Aave V3 includes several Features intended to help users save on fees and maximize the efficiency of users’ capital. For example, High Efficiency mode al...