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As such, Coinbase Ventures will receive a share of the 15% of the total RPL inflation produced at each rewards period dedicated to Rocket Pool’s Oracle DAO. RPL, the native token for the Rocket Pool ecosystem that provides direct incentives, insurance and governance for protocol according to a blog post,
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The attack occurred after Tender.fi upgraded its price feed to relay data from a Chainlink pricing oracle as opposed to a time-weighted average price (TWAP). The code, which was audited by PeckShield, contained an error and returned a number with too many zeros behind it. This meant the attacker was
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Blockchain scaling technology firm StarkWare is set to partner with Chainlink Labs to bring oracle services, data and price feeds to the StarkNet ecosystem.The coalition will see StarkWare join Chainlink’s Scale program and brings Chainlink price feeds to StarkNet’s testnet. StarkNet tokens will also fund certain operating costs for Chainlink
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A small-scale decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit leading to an estimated $120 million being stolen from its protocol.BonqDAO, which is behind the Bonq protocol, told its Twitter followers on Feb. 1 that its protocol was exposed to an oracle hack that allowed the
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Place/Date: Dubai, UAE - January 10th, 2023 at 10:31 am UTC · 3 min read Contact: Nadav Dakner, Source: Flare Flare, the blockchain for building applications that use data from other chains and the internet, has successfully completed its long-awaited token airdrop at
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Flare, a new layer-1 Ethereum Virtual Machine blockchain platform, has gone live with the launch of two core protocols aimed at powering decentralized interoperability applications.The platform serves as an oracle network that allows developers to build applications that are aimed at being interoperable with different blockchains and internet platforms and
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A new oracle system aims to retrieve the additional fees paid by decentralized application (DApp) users to miners called maximal extractable value (MEV). It is the maximum value a miner can extract from moving-around transactions when producing a block on a blockchain network.MEV can be defined as the maximum value
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Recently, the global leading crypto exchange Binance has created a record using Web 3. In addition, the giant crypto service provider recently
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"Using oracles to dramatically increase the smart contract's knowledge of what's going on outside of the blockchain, allowing it to respond to external events with specified actions will be crucial," Gwendolyn Regina, investment director at BNB Chain, said in a prepared statement. "Binance Oracle will emerge as a significant contributor
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Crypto exchange Binance announced the launch of a new data feed network — Binance Oracle — that allows blockchain smart contracts to connect with real-world data, starting with its in-house blockchain offering, BNB Chain. For starters, Binance Oracle will allow existing decentralized applications (DApps) and Web3 ecosystem partners on BNB Chain
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