Cryptocurrency Analysis and News Portal
A blockchain firm founded in 2012 is making its shares available for trading on a blockchain-based alternative trading platform for capital markets. XY Labs, the blockchain company behind the XYO protocol, has announced that its Class A Common stock started trading on tZERO ATS, the alternative trading system subsidiary of the
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The centralized oracle structure was more practical from a technological standpoint, avoiding the high gas, or transaction, fees and slow throughput of the main blockchain. StarkWare’s creation of StarkNet provided lower fees, improved transaction speeds and the ability to perform on-chain computations. Original Source
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Can a fully-functional oracle network ecosystem that anonymously collects and validates geospatial (location-specific) data exist? One blockchain firm seems to have gotten the gist of the idea. Founded in 2012, XY Labs and its namesake protocol XYO, which is built on the Ethereum blockchain, seek to reward participants for the
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According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons list (SDN). The decision follows the recent OFAC update, that lists
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The Algorand ecosystem has seen unprecedented levels of adoption. The network has been rising in popularity as investors seek a sustainable and cost-efficient alternative to the expensive and slower blockchains. Algoracle, a project created to provide Algorand with a native oracle service was created to bootstrap the ecosystem’s expansion. This can
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DIA, the open source data platform for decentralised finance and the UK FCA-regulated crypto index provider CF Benchmarks announced today that they will make CF Benchmarks’ crypto index reference prices available via the DIA oracle suite. With a total settlement volume of more than $500bn since its inception in 2017, UK-based
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DIA is the first oracle provider to integrate its oracle infrastructure with the Astar Network, running on the Polkadot Relaychain. The oracle deployment will facilitate DeFi applications on Astar to easily connect to the outside world data. The open-source data provider DIA announced today the integration of its decentralized oracle infrastructure
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2022 looks to be a transformative year for the cryptocurrency ecosystem as the focus on interoperability between siloed blockchain networks comes to the forefront and a multitude of projects announce plans to interconnect their platforms with other protocols. One sector of the crypto ecosystem that will play a vital role in
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Former Google CEO Eric Schmidt has joined Chainlink Labs as a strategic advisor, the blockchain project announced Tuesday.Chainlink develops oracle networks to connect real-world data with smart contracts built on blockchains.Using node operators such as Deutsche Telekom’s T-Systems, Swisscom and the Associated Press, Chainlink’s network triggers and secures more than
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Oracles, according to Cryptopedia, are protocols for smart contracts in the blockchain industry to interact with external data. Smart contracts are essentially computer programs that run within a blockchain and automate a set of transactions when certain conditions are met. Thus, smart contracts contribute to the complete decentralization of the
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