Protocol Village: Firoza Finance Launches $2M Pilot Program for Shariah-Compliant DeFi With 'Mudarabah Smart Contract'

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Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

, a joint venture between Liberty Finance and HAQQ Network, announced the launch of a $2 million pilot program that introduces the world’s first real-world Mudarabah smart contract.:"The pilot program will feature three distinct investment pools, collectively holding a Total Value Locked of over $2 million.

Are developers able to get these apps on Telegram without getting Telegram's permission, or is it permissionless? announced the successful testing of its latest Bitcoin mining chip, SEAL02, following tape-out. According to the team:"The SEAL02 achieved an exceptional power efficiency ratio of 13.5 J/TH – while running at low voltage, ultra power-saving mode during its verification and prototype tests. Essentially, Bitdeer has fulfilled its power efficiency milestone as outlined in its SEALMINER Technology Roadmap announced in June 2024.

 

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