QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding

QuiverX Capital, Ltd. will be working exclusively with the Chainlink Network to integrate a customized Proof of Reserve oracle solution within the QuiverX Capital crowdfunding portal that provides quarterly on-chain updates of listed businesses’ off-chain earnings.

Neutrino to integrate Chainlink Proof of Reserve oracle

Neutrino protocol is the latest project to announce an integration with the Chainlink network, an update that comes on the back of a long line of developments in the latter's ecosystem.

Paxos Makes Fresh Push for DeFi Market With New Oracle Integration

Paxos’ stablecoin tokens have mainly been playing catch-up since the DeFi spike in 2020.

LibertyPie partners with Zoracles to expand private, decentralized DeFi platform

[PRESS RELEASE – Please Read Disclaimer] As interest explodes in anonymous peer-to-peer (P2P) lending and decentralized finance (DeFi), two tech companies are teaming up to build out a project to provide zero-knowledge proof (ZKP) oracle data to smart contracts.

Former Bitcoin.com CEO sues oracle over 37.5M allegedly unpaid tokens

The co-founder and former CEO of Bitcoin.com is suing a Tron-based oracle platform and its principal founder for allegedly failing to pay him. Mate Tokay, Bitcoin.com’s former CEO, is taking legal action against a small-cap crypto he advised for reportedly failing to pay him 37.5 million BRG tokens worth $525,000. Tokay claims that he was never paid for his services, despite the project using his name for recognition to attract investment for Bridge.link's $8 million initial exchange offering three months ago.

Blockchain Projects Detoken and Anyhedge Launch Bringing Defi to Bitcoin Cash

On December 30, the decentralized finance (defi) platform Detoken and the firm General Protocols announced the launch of Anyhedge, the first public defi product built on the Bitcoin Cash network.

16 Ethereum Predictions From a Crypto Oracle

Andrew Keys has 16 reasons why crypto will take center stage economically, politically and socially in 2021.

2020 Has Been Chainlink’s Year. Here’s Why

Chainlink cofounder Sergey Nazarov explains how the decentralized oracle provider has built out its offering in 2020, integrating with 300 projects.

DeFi data manipulation is too easy — and current oracle solutions aren’t helping much

DeFi exploits are too common for mass adoption.

Cardano developers will take charge of their Oracles in 2021, reveals Hoskinson

Following news of the partnership with Wolfram Alpha, Cardano Founder Charles Hoskinson has revealed that Cardano will be giving developers the freedom to choose and customize their own Oracle solutio The post Cardano developers will take charge of their Oracles in 2021, reveals Hoskinson appeared first on AMBCrypto.

The importance of decentralized oracles: Interview with Sergey Nazarov

Chainlink co-founder Sergey Nazarov explains why a decentralized oracle network is needed to ensure trust in the DeFi ecosystem.

Tokenized Real Estate protocol Elysia integrates Chainlink price feeds

Elysia, a tokenized real estate ownership protocol, has announced an upcoming integration with oracle solution Chainlink to price properties and calculate token distributions. Elysia’s decentra The post Tokenized Real Estate protocol Elysia integrates Chainlink price feeds appeared first on AMBCrypto.

C.R.E.A.M. Finance chooses Chainlink as its primary price oracle solution

Chainlink and C.R.E.A.M. Finance have been at the head of quite a few developments lately.

Polkadot DeFi Alliance Formed By Key Teams

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Alliance to organize and promote discussions around crucial topics for DeFi on Polkadot Initial membership to include core parachain, oracle, and application builders December 3rd, 2020, Polkadot Decoded: While the excitement around the Polkadot Network’s potential for Decentralized Finance has been palpable

Chainlink Strengthens Polkadot Through RioDeFi Oracle Integration

The crypto world’s leading oracle solution is integrating with its leading interoperability blockchain.

Beam announces integration with Chainlink’s oracle network

Privacy-focused blockchain Beam has announced that it will be integrating Chainlink's price feeds to help its developers build DeFi Apps.

$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit

Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan.

Oracle Exploit Sees $100 Million Liquidated on Compound

A potential oracle exploit—that raised the price of DAI on Coinbase Pro—caused millions to be liquidated on Compound.

After $6 Million Hack, Value DeFi Turns to Chainlink for Help

Value DeFi was the victim of a flash loan attack, the result of its centralized price oracle.

Base Protocol announces Chainlink Live integration on mainnet

Decentralized oracle provider Chainlink seems to be having a ubiquitous influence on the cryptocurrency ecosystem lately.

Origin Protocol Loses $7M in Latest Flash Loan Attack

Blockchain project Origin Dollar (OUSD) has sustained an oracle manipulation attack.

Crypto Startup Wants to Break Chainlink’s Grip on Oracle Market

API3 wants to be the next big thing in providing off-chain data.

‘Chainlink Killer’ API3 Closes $3M Funding Round With Placeholder and Pantera

API3, a firm aiming to provide an alternative to oracle service Chainlink, has raised $3 million in a private funding round led by Placeholder.

Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing

On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications.

PARSIQ Integrates Chainlink Oracle Price Feeds to Trigger Off-Chain Actions and Trading Decisions

Blockchain monitoring and automation platform PARSIQ has integrated Chainlink price oracles to trigger off-chain actions and trading decisions.

Critics grumble as YieldWars uses AP election call as an oracle

YieldWars used Associated Press data to settle their prediction market, but some question the validity of using their call as an oracle Following the Associated Press’ call earlier today that President-elect Joe Biden had won victory over incumbent Donald Trump in the US presidential race, the 174 year-old organization -- which has been covering elections since 1848 -- subsequently published their call on the Ethereum and EOS blockchains, triggering at least one prediction market outcome.  However, some have expressed skepticism about the validity of using such a call as an oracle, raising broader questions about certainty and determinism in smart contract-based prediction markets.  On Oct.

Razor Network raises $3.7 million to build 'truly decentralized' oracles

Decentralized oracle platform Razor Network has raised a total of $3.7 million in a seed and private sales round which was led by investors in the blockchain space, such as NGC Ventures, Alameda Resea The post Razor Network raises $3.7 million to build 'truly decentralized' oracles appeared first on AMBCrypto.

$100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform

PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable.

Equilibrium and Chainlink to Power Synthetic Assets and Stablecoins on Polkadot

Equilibrium has chosen Chainlink, a tokenized oracle network, to power synthetic assets, lending, and stablecoins using its smart contracts.

29 Projects Integrated With Chainlink Last Month

The decentralized oracle provider is becoming a mainstay of the cryptocurrency ecosystem, with 315 integrations to date. 

Tron Founder Justin Sun Arrives Late To DeFi Party With Chainlink Impersonator

The DeFi party and decentralized oracle boom have come to a conclusion, but only now Justin Sun has shown up with a Chainlink impersonator built on Tron.

‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days

Four years ago, Vinny Lingham predicted bitcoin’s bull run and a number of bitcoiners have referred to him as the “oracle.” On Twitter, Lingham is once again giving his predictions on bitcoin’s future prices.

JavaScript Smart Contract Project Taps Chainlink for Speedy DeFi Data

Chainlink oracle data is being added to Agoric, a decentralized platform for developing smart contracts with JavaScript.

Unstoppable Domains and Chainlink Introduce Twitter Verification for Crypto Payments

Unstoppable Domains and Chainlink, the secure oracle network, have launched a Twitter authentication service for .crypto addresses.

Tech Startup Using Chainlink to Record US Election Results on the Blockchain

Tech startup Everipedia is teaming up with the Associated Press to sign and distribute election results on the blockchain using distributed oracle network Chainlink (LINK).

Chainlink offers $100k grant to developers

Decentralized oracle network Chainlink’s Grant Program is making more than $100,000 worth of blockchain integration grants available to developers that fully integrate the smart contracts platform i The post Chainlink offers $100k grant to developers appeared first on AMBCrypto.

Chainlink Price Surges 10% Amid Crypto Market Rally

LINK, the native Ethereum-based token of decentralized oracle provider Chainlink, is once again trading above $10 per coin.

Huobi, Dragonfly, Coinbase Invest $500K in New DEX With Alternative Oracle Solutions

CoFix claims to have better token price feeds based on a pricing mechanism derived from a decentralized price oracle and the DEX’s patented risk assessment model.

Band v. Chainlink - Why are DeFi projects reversing their position?

Band and Chainlink are both building infrastructure that enables interoperability of smart contracts, and while these are two leading oracle projects in their own right, the rivalry and drama between The post Band v.

Ripple Wins US Patent for New Oracle-Based Smart Contract Design

Ripple's patented design would allow derivatives to settle based on external information – such as temperature data.

Blockstack integrates Chainlink as its go-to Oracle solution

Blockstack PBC, the first company with an SEC-regulated cryptocurrency (STX), is joining forces with Chainlink to integrate Chainlink as the preferred oracle solution for the Blockstack and Algorand-s The post Blockstack integrates Chainlink as its go-to Oracle solution appeared first on AMBCrypto.

Chainlink Founder Explains How He's Making $1bn of WBTC More Secure

BitGo hopes that Chainlink, a decentralized oracle network, will make Wrapped Bitcoin (WBTC) more secure.

Blockstack’s Clarity Smart Contracts Will Source Data From Chainlink Oracles

Blockstack and Algorand's Clarity smart contracts will source their data from Chainlink's oracle network.

Several Crypto Assets With 100x Potential Poised to Challenge Chainlink, Says Lark Davis

Crypto influencer and investor Lark Davis is naming several crypto assets that he says have the potential to rise 100x and challenge Chainlink’s (LINK) dominance in the fast-growing oracle space.

Polkadot’s Substrate 2.0 integrates oracles at a protocol level

The blockchain can now see its environment. The Polkadot team released on Wednesday a major milestone for its Substrate blockchain framework, which now provides a way for blockchain applications to interface with the outside world without relying on external oracle providers. Substrate is the name used for Polkadot’s blockchain building framework.

China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications

China appears to be on edge regarding Oracle and Walmart’s deal with parent company ByteDance for TikTok’s US operations, calling it an “unfair deal.” (Read More)

Orchid’s new oracle integration is all about sharing secrets

Picking Chainlink over its competitors was an easy decision for Waterhouse. Decentralized VPN Orchid is adding a Chainlink oracle that, like a “secret shopper,” samples bandwidth pricing from all the providers in the network.  Orchid co-founder Steven Waterhouse explained the importance of this feature, stating, “The basic idea is in decentralized services like Orchid, where we have a decentralized VPN, there's no way of really knowing exactly [how much a provider might charge].

President Donald Trump Approves Oracle Deal, Ban Averted for TikTok but not WeChat

President Trump approved the TikTok deal that Oracle has been working on, postponing a scheduled ban of the video-sharing platform and of WeChat.

Chainlink to power TrustSwap SmartLock and SmartEscrow products

After its initial token launch in June, TrustSwap, a smart contracts payments platform announced in a blog that Chainlink's Price Reference Data – its decentralized oracle network – had been integ The post Chainlink to power TrustSwap SmartLock and SmartEscrow products appeared first on AMBCrypto.

What Does Oracle's TikTok Deal Mean for The US? ByteDance Confident President Trump Will Approve Deal

TikTok’s parent company, ByteDance, is confident that its deal with Oracle tech giant for TikTok’s US operations will be approved by both Chinese and American regulators.

Despite yETH returns of 2%, Yearn pushes forward with WBTC Vault

Yearn Finance has submitted a Maker Improvement Proposal for its forthcoming WBTC Vault, suggesting it will launch in the not-to-distant future. The popular yield farming decentralized finance (DeFi) protocol Yearn Finance is progressing with its forthcoming Wrapped Bitcoin (WBTC) Vault. The team has submitted a MakerDAO Improvement Proposal requesting whitelisting for the WBTC Vault to access upcoming oracle pricing from Maker, suggesting its launch may not be too far off. ‘Vaults’ are Yearn Finance’s core product.

What Is So Special About Bridge’s TRON-Based Oracle Network?

The Bridge Oracle IEO, which sold out in six hours on September 15th on BW.com, kicks off the introduction of TRON network’s first Oracle System and has already led off excited chatter over the cryptosphere.

Bluzelle oracle to power Polkadot DeFi developers 

Decentralized data network startup Bluzelle will provide its decentralized storage services to developers who will build on Polkadot’s DeFi ecosystem, a flagship project of the Web3 Foundation, acco The post Bluzelle oracle to power Polkadot DeFi developers  appeared first on AMBCrypto.

Polkadot DeFi developers may soon get a new oracle provider with historic data

Polkadot snatches yet another oracle provider from a different blockchain. Distributed storage project Bluzelle will be collaborating with the Web3 Foundation to bring its oracle system for use in the Polkadot decentralized finance ecosystem. The project formally announced on Sept.

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal

Oracle, the tech company that was said to have acquired TikTok’s US operations, has finally commented on the partnership and confirmed it.

The Business of Geopolitical Competition

As Oracle wins a bid for TikTok US, a look at how tech competition, culture competition and currency competition shape the business of geopolitics.

Cell Protocol: Gaining a Foothold in the DeFi Market

Recently, Cell Protocol, a DeFi oracle project established on TRON, launches the market.

Enterprises Need Third Parties for Oracles to Work

Decentralized, oracle-based systems, like Chainlink's are unworkable for financial services without third-party verification.

Bridge IEO Will Launch Tomorrow: TRON’s First Smart Contract Oracle System

[PRESS RELEASE – Please Read Disclaimer] 14th September 2020, Kuala Lumpur, MALAYSIA: One of the largest blockchain-based decentralized operating systems, TRON is a highly scalable and reliable network that has one of the most effective smart contract environments.

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.

DeFi oracles, explained

Oracles have played a major role in the huge growth of the DeFi ecosystem observed in 2020. What are the most popular DeFi protocols running oracles? Open lending/borrowing protocols such as MakerDAO, Compound, Uniswap and Aave use oracles to fetch external data while running on the Ethereum blockchain. MakerDAO is among the most popular DeFi open lending protocols, and its Dai token is pegged to the US dollar and backed by crypto assets.

Bridge Oracle IEO Launches with Bitcoin.com Co-Founder Mate Tokay as Advisor

8th September, 2020, Kuala Lumpur, Malaysia – Bridge Oracle may very well be on the cusp of achieving the holy grail of the crypto-sphere: mass adoption.