Tag: oracles

Jan 19 2021

Is Chainlink Centralized? A Breakdown of Token Distribution

Alex Svanevik, CEO of the Nansen blockchain AI firm, chastised media today for skirting over important details and spreading "FUD" regarding Chainlink's token distribution....

Dec 22 2020

What Is an Oracle?

An oracle sends data from the outside world to a blockchain so specific data, like temperature, can execute the disbursement of money.

Dec 10 2020

Fantom Introduces New Staking Tools to Drive DeFi Liquidity

Dec 10 2020 Published at Blockonomi under tags  band protocol defi fantom ftm oracles

Fantom is introducing new staking tools that allow for staked assets to add liquidity to the markets. This marks the first time that staked assets can become liquid, and be used in the DeFi ecosystem. The new tools are powered by Band Protocol, which offers a fully scalable oracle technology. According to Fantom, “Fantom users [...] The post Fantom Introduces New Staking Tools...

Nov 26 2020

Compound User Liquidated for $49 Million, Price Oracle Blamed

Nov 26 2020 Published at Crypto Briefing under tags  analysis compound liquidation oracles

Compound has seen over $100 million in liquidations in the last 24 hours, according to LoanScan. More than half of the collateral liquidated was in the form...

Nov 17 2020

Origin Protocol Loses $3.25M in Latest Flash Loan Attack: Reports

Nov 17 2020 Published at CoinDesk under tags  defi exploit flash loans news oracles

Blockchain project Origin Dollar (OUSD) has sustained an oracle manipulation attack. The attacker used flash loans to grab $3.25 million.

Nov 12 2020

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

Nov 12 2020 Published at CoinDesk under tags  api3 business chainlink funding rounds news

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

Nov 11 2020

Flash Loans Aren’t the Problem, Centralized Price Oracles Are

Nov 11 2020 Published at CoinDesk under tags  defi opinion oracles tech

Flash loans attacks have received a lot of press attention. But they're not DeFi's biggest vulnerability, says Chainlink's CMO.

Oct 31 2020

Upon Launch, TRON Oracle JustLink Faces Immediate Criticism

Oct 31 2020 Published at Crypto Briefing under tags  oracles technology

Though CEO Justin Sun called the project TRON's first-ever oracle, JustLink draws many of its ideas from a previously built oracle on the TRON network called...

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