Contract bytecode refers to the compiled version of smart contracts that are deployed on a blockchain. When developers write smart contracts, they typically use high-level programming languages like Solidity. Once the code is complete, it needs to be converted into a low-level format that the blockchain can interpret. This is where bytecode comes in.The bytecode is a sequence of instructions that the Ethereum Virtual Machine (EVM) or similar environments can execute. Each smart contract deployed on platforms like Ethereum generates unique bytecode, which is stored on the blockchain. This allows the contract to manage state, interact with other contracts, and handle transactions without needing to rely on a central authority.When users interact with a smart contract, their requests are translated into bytecode instructions, allowing the blockchain to execute the desired functions. This process ensures that the contract behaves exactly as coded, providing transparency and trust among users. Essentially, contract bytecode is the backbone that enables smart contracts to function on the blockchain.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the