News with the tag "Oracles"

The modular DeFi oracle RedStone has denied circulating rumors of partnering with web3 acceleration platform Web3Port and market maker Whisper. RedStone ( RED ) has dispelled false rumors of partnering with Web3Port and Whisper, stating that neither of these entities have influence on their market a...

RedStone token’s trading volume is up over 2000% after the airdrop restructuring. According to RedStone’s (RED) recent official announcement on X , it has recently made a major change to the RED airdrop selection process and distribution. RedStone launched the first Miner airdrop with 5% of the tota...

Chainlink price has entered a technical correction, falling nearly 40% from its highest level this year. Chainlink ( LINK ) was trading at $19.50 on Wednesday as cryptocurrencies remained under pressure. Fundamental and technical indicators suggest that Chainlink is poised for a bullish breakout, po...

Revolut, the U.K.-based digital banking giant, is the latest company to join the Pyth Network as a data publisher. The partnership between the Financial Conduct Authority regulated neobank and Pyth Network ( PYTH ) means Revolut will now contribute its price data to the blockchain-based oracle netwo...

Pyth Network partners with Revolut to integrate digital asset data into DeFi, bridging the gap between TradFi and Web3.

Chainlink, the oracle network bringing global finance on-chain, has announced the launch of an oracle solution it says will help decentralized finance protocols recapture maximal extractable value. The Chainlink Smart Value Recapture is a MEV solution that DeFi applications can…

Chainlink formed a double-bottom pattern, pointing to a potential rebound, as signs showed that some whales were accumulating the token. Chainlink (LINK), the biggest oracle provider, bottomed at $20.12 on Friday and rebounded to $22.50 on Sunday, Dec. 22. Still,…

A prediction on Polymarket regarding the prospects of Israeli military action in Syria in 2024 was criticized, especially considering that allegations of manipulation were filed against the oracle provider, UMA.

As DeFi expands, the oracle market faces new competition from emerging providers who are challenging established players like Chainlink.

According to Chainlink, the Common Businesses-Oriented Language (COBOL) standard facilitates approximately 95% of all ATM transactions.