Tagged: decentralized oracles

Markus Levin: Co-founder at XYO Reveals their Plans for the Metaverse

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We recently caught up with Markus Levin, Co-founder at XYO, a platform focused on developing a trustless system of Oracles that may enhance the existing location data systems. Levin talked about how the XYO platform is leveraging distributed ledger tech (DLT), smart contracts, and decentralized… Read More

Ethereum Network May Now Access FLOW/USD Chainlink Price Feed, bringing Cross-chain DeFi Utility to Flow

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The team at Flow is pleased to announce that a FLOW/USD Chainlink Price Feed is currently available to decentralized applications (dApps) on the Ethereum blockchain. With a secure and reliable FLOW price feed, application developers and existing DeFi platforms on Ethereum may integrate FLOW into… Read More

Layer-2 Oracle Solution Umbrella Network Launches on Polygon

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Umbrella Network , a decentralized Layer-2 oracle solution, has announced its launch on Polygon. At the time of launch, more than 2000 data pairs will be made available “across the ecosystem, including price data from cryptocurrencies, cryptocurrency options and derivatives, US equities, commodities markets, and… Read More

QED from Origin, a Decentralized Oracle Protocol and Aggregator, Aims to Enhance DeFi Transactions

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Decentralized platforms and blockchain-enabled smart contracts are transforming the way digital transactions are performed. Distributed ledger technology (DLT) has the potential to streamline the key processes carried out in many different sectors by eliminating the need for third-parties and enabling automated contract terms and conditions,… Read More

Heikki Vänttinen: Co-founder at API3 Says Web 3.0 Is the Biggest Growth Opportunity for Businesses since the Inception of the Internet

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We recently caught up with Heikki Vänttinen, Co-founder at API3,  a collaborative initiative focused on delivering traditional API services to smart contract platforms in a decentralized and “trust-minimized” manner. It’s governed by a decentralized autonomous organization (DAO), and its code is open-source and its operations… Read More

Chainlink Verifiable Random Function has Serviced Over a Million Requests Across Ethereum, Polygon, BSC

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Chainlink VRF has enabled over 35 blockchain RNG use-cases. RNG or (secure) random number generator supports smart contracts and off-chain systems in order to access “a verifiably tamper-proof source of randomness.” Since its mainnet launch in October of last year, Chainlink VRF has serviced more… Read More

Umbrella Network to Provide Real-World Asset Data to IX Swap Liquidity Pools, AMMs

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Umbrella Network, the decentralized Layer-2 Oracle solution, revealed on Wednesday (September 15, 2021) that they had formed a partnership with IX Swap, which claims to be the first decentralized finance or DeFi platform that provides Automated Market Making (AMM) & Liquidity Pools (LPs) for security… Read More

Growth DeFi Integrates Chainlink Price Feeds to Support Lending, Liquidation, Other Services for MOR Stablecoin Release

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Growth DeFi has integrated Chainlink (LINK) price feeds on the Binance Smart Chain (BSC) mainnet for their collateralized stablecoin lending protocol, MOR. By integrating Chainlink’s decentralized Oracle network, the MOR protocol will be able to gain access to “high-quality” and “tamper-proof” price feeds required to… Read More

Hyphen Acquires Chainlink Grant to Develop Oracle Framework for Tracking Greenhouse Gases, Ozone-Depleting Substances

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With the increasing concerns regarding issues related to climate change and various unsustainable agricultural practices, many nations and large enterprises are working via international pledges to establish an ecologically conscious future. Hybrid smart contracts—which are smart contracts that bring together blockchains, Oracles, and API infrastructure… Read More

Umbrella Network, a Decentralized Layer 2 Oracle Network, Launches Community Validator Program

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Umbrella Network, the decentralized Layer-2 Oracle network, revealed that it has launched its community validator program. As mentioned in a release shared with Crowdfund Insider, the onboarding of community validator members will aim to “democratize” Oracle data and enable members or participants of the network… Read More

ParaSwap to Integrate Chainlink Keepers to Bring Limit Order Functionality to Its Decentralized Exchange or DEX Aggregator

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ParaSwap announced that it will be integrating Chainlink Keepers in order to bring limit order functionality to its decentralized exchange or DEX aggregator. ParaSwap confirmed on August 2, 2021 in a blog post that it will integrate Chainlink Keepers on Ethereum (ETH) so it can… Read More

Open Earth Foundation has Been Awarded a Chainlink Grant to Develop Open-Source, Planetary CO2 Concentration Oracle

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The Open Earth Foundation has reportedly been awarded a Chainlink Grant to develop am open-source, planetary CO2 concentration Oracle. As mentioned in the announcement, Climate impacts everyone, from multinational corporations overseeing complex supply chains to individual farmers “managing unpredictable crop yields.” While the totality of… Read More

Decentralized Finance Oracle Band Protocol Enhances Interoperability within the Cosmos Blockchain Ecosystem

Are You Ready For DeFi

Decentralized finance (DeFi) Oracle Band Protocol is enhancing its interoperability within the Cosmos ecosystem. As of July 22, 2021, the Band Oracle has reportedly been integrated into the Cosmos ecosystem, via Starport, in order to further “the realization of the Internet of Blockchains.” As mentioned… Read More

Chainlink (LINK) Price Feeds Now Live on Avalanche Mainnet, Paving Wave for High-Performance Decentralized Finance Apps

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Chainlink (LINK) price feeds are now live on Avalanche mainnet, which should help pave the wave for advanced decentralized finance (DeFi) apps. Developers are now able to create externally connected smart contracts on Avalanche mainnet by utilizing Chainlink-based decentralized Oracle networks. As noted in an… Read More

Blockchain Developer ChainSafe Receives Development Grant to Perform Native Integration of Chainlink into Cosmos SDK

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ChainSafe has reportedly received a development grant to natively integrate Chainlink (LINK) into the Cosmos software development kit (SDK). As previously reported, the Chainlink Community Grant Program offers financial resources to the development teams and researchers creating a “more functional, accessible, and socially impactful” Chainlink… Read More

Decentralized Prediction Markets Platform Augur Launches Improved New Version with Chainlink Integration

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The team at Augur (REP), the developers of a decentralized prediction markets platform, have announced the launch of Augur Turbo— which is the world’s only “fast-resolving, easy-to-use, decentralized betting platform” that reportedly comes with daily markets for sports, crypto, politics, and current events. The Augur… Read More

Decentralized Oracle Network Chainlink Announces New Bug Bounty Program, Now Extended to Immunefi Platform

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Decentralized Oracle network provider Chainlink (LINK) recently announced that its Bug Bounty Program has now been extended to the Immunefi platform, serving as a key opportunity to financially support their open-source development community while “improving the robustness of the Chainlink Network.” If you’re interested in… Read More

Chainlink (LINK) Awards Grant to Hack.bg for Performing Native Integration of Chainlink on Terra

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The team at Chainlink (LINK), the developers of decentralized Oracle networks, recently revealed that Hack.bg has received a Grant for performing native Integrations of Chainlink on Terra. The Chainlink Community Grant Program offers key financial resources to various development teams and researchers creating a “more… Read More

Chainlink Explains how Secure, Up-to-Date Data Feeds are Now Centerpiece of Many Financial Applications

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Chainlink notes in a blog post that “secure, up-to-date” price data is the “centerpiece” of many financial applications. This data is regularly used to initiate transactions and “derive” various other instruments and products, particularly in decentralized finance (DeFi) protocols, Chainlink explained. The decentralized Oracle network… Read More

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