Tagged: oracles

September 17, 2024 @ 9:49 am By Omar Faridi  |  

DIA, the open oracle network, has announced a fully reimagined oracle architecture with ‘Lumina’. Launching its testnet soon, Lumina is designed to “address the persistent lack of truly decentralized and trustless data infrastructure for web3 and aspires to set new standards for oracles, while expanding… Read More

April 5, 2024 @ 6:04 am By Omar Faridi  |  

Umbrella Network is joining forces with Arthera, marking a step forward in enhancing blockchain usability. This partnership underscores a shared commitment “to reducing entry barriers and catalyzing growth within blockchain opportunities.” Layer 1 blockchains have evolved, “offering better scalability and decentralization. However, the persistent challenge… Read More

October 15, 2023 @ 11:11 am By Omar Faridi  |  

API3’s managed dAPIs are available on Base. Developers on Base can now “access over 120 verifiable, decentralized data feeds powered by first-party oracle nodes, which are operated directly by the data providers.” Base is an Ethereum L2 solution incubated by Coinbase that is “built on… Read More

May 29, 2023 @ 10:46 am By Omar Faridi  |  

Horizen, a layer 0 public blockchain, is pleased to announce a strategic partnership with Band Protocol, a cross-chain data oracle platform, “to provide real-time price feeds and reliable data for EON, Horizen’s new EVM-compatible smart contracting platform.” The partnership will bring decentralized oracle services “to… Read More

May 23, 2023 @ 3:03 pm By Omar Faridi  |  

RedStone, originator of the next-generation decentralized finance oracle platform, has announced an exclusive $350,000 angel investment round led by Web3 professionals including Stani Kulechov, Sandeep Naiwal, Alex Gluchovski and Emin Gün Sirer. The support from a host of Web3 pioneers “demonstrates the pronounced need for… Read More

April 29, 2023 @ 12:32 pm By Omar Faridi  |  

The Neon Foundation, the Neon EVM ecosystem accelerator, has entered into a strategic partnership with Pyth Network, a “next-generation” oracle “designed to publish high-fidelity financial market data at sub-second latency to multiple blockchains.” Pyth Network is now “available to all protocols built on Neon. This… Read More

February 22, 2023 @ 12:14 pm By Omar Faridi  |  

Radiant Capital, a decentralized money market, has integrated Chainlink Price Feeds on Arbitrum mainnet. By integrating the decentralized oracle network, Radiant Capital “has access to high-quality, tamper-proof price feeds needed to help calculate the value of assets deposited on our protocol.” This will give their… Read More

February 21, 2023 @ 4:51 pm By Omar Faridi  |  

BENQI — an algorithmic money market protocol on Avalanche — has integrated Chainlink Proof of Reserve and Automation in order “to help secure cross-chain asset lending and borrowing for BTC, ETH, DAI, USDC, and USDT.” The combination of these two proven Chainlink oracle services enables… Read More

October 23, 2022 @ 6:34 pm By Omar Faridi  |  

Pyth Network is pleased to announce that the Pyth price feeds are now available on Aptos mainnet. Thanks to the support of Wormhole and Aptos Labs, the team is pleased “to enable anyone building the future of finance on Aptos to leverage Pyth’s high-fidelity data… Read More

October 16, 2022 @ 6:14 pm By Omar Faridi  |  

OKX, which claims to be the world’s “second largest” cryptocurrency exchange (presumably after Binance), announced that it is partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed “to provide trusted and verifiable market data to decentralized applications.” Pyth operates… Read More

August 31, 2022 @ 8:12 pm By Omar Faridi  |  

The team at RedStone is pleased to announce that in August 2022, they successfully raised a $7M seed round led by Lemniscap in order “to pursue [their] mission of powering Web3 innovation with a novel approach to on-chain data storage.” The funds will play a… Read More

July 18, 2022 @ 5:57 pm By Omar Faridi  |  

Digital asset firm Gemini recently revealed their upcoming partnership with the Pyth network in order to “bring accurate and trusted on-chain market data to users across the globe.” As a data publisher to Pyth, Gemini is delighted “to continue contributing to the growth of the… Read More

June 4, 2022 @ 1:47 pm By Omar Faridi  |  

The Pyth network, a specialized oracle solution for “latency-sensitive” financial data that is typically kept behind the “walled gardens” of centralized institutions, recently announced the deployment of its first-party financial data on BNB Chain, a “community-driven,” “decentralized” and “censorship-resistant” blockchain, and integration with BNB Application… Read More

June 2, 2022 @ 10:30 am By Omar Faridi  |  

AccuWeather, which claims to be the world’s “most accurate” and “most used” weather source, recently launched its AccuWeather API “in collaboration” with API3, a first-party blockchain oracle solution, providing a Web3 wrapper that enables Web API providers to offer AccuWeather’s weather data “directly on-chain.” The… Read More

May 7, 2022 @ 4:39 pm By Omar Faridi  |  

API3, the first-party blockchain Oracle solution offering a “seamless” Web3 wrapper that enables web API providers to offer their data directly on-chain, recently announced that API3 QRNG, based on the Australian National University (ANU) Quantum Numbers API, “is now live, allowing Web3 entities to access… Read More

April 3, 2022 @ 2:30 pm By Omar Faridi  |  

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

February 8, 2022 @ 8:52 am By Omar Faridi  |  

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

December 16, 2021 @ 11:46 am By Omar Faridi  |  

JST Capital, an international financial services company specializing in digital assets, has  announced that it has joined the Pyth Network, which claims to be a next-gen Oracle platform designed to offer trusted and verifiable market data to decentralized applications (dApps), and will be offering real-time… Read More

November 5, 2021 @ 5:27 pm By Tony Zerucha  |  

Blockchain oracle provider Chainlink this week crossed $75 billion in total value secured (TVS). “Crossing $75 billion in total value secured makes the Chainlink network one of the most value securing forms of decentralized consensus on the planet,” said co-founder Sergey Nazarov. “(Our) networks are… Read More

November 2, 2021 @ 9:33 am By Tony Zerucha  |  

As the DeFi revolution continues, we’re first going to see the introduction of tools like those in more mature markets, then we’ll watch as those tools adapt to the specific needs of DeFi. One of the DeFi tools still in its infancy are volatility measures,… Read More