Tag: oracles

Dec 01 2022

DLCs On Lightning Open The Door For Bitcoin Smart Contracts

The first successful discreet log contract has been executed on the Lightning Network by creating a new type of transaction when opening a Lightning channel.The below is a direct excerpt of Marty's Bent Issue #1286: "The first mainnet DLC on Lightning has been executed." Sign up for the...

May 24 2022

Using Bitcoin And Discreet Log Contracts To Facilitate Sports Betting

Discreet log contracts even the odds for peer-to-peer sports betting on Bitcoin. Bettors have a fairer chance when sportsbooks lose their advantage.Chris Stewart is the CEO and cofounder of Suredbits, a bitcoin- settled derivatives platform.Discreet log contracts (DLCs) are a way to do peer-to-peer betting directly on Bitcoin....

Apr 25 2022

How Important Is a Whitepaper for Understanding a Project?

You may have heard about whitepapers in crypto projects. However, you are not quite sure what they can offer you. In short, a whitepaper explains what a project is about. It explains the technology behind a project. Furthermore, it looks into what the project wants to achieve. In other words, what is the purpose of the project.​ We take you by the...

Feb 14 2022

The Pros, Cons And Possibilities For Bitcoin's Discreet Log Contracts

Discussing Discreet Log Contracts, a type of smart contract that can be leveraged for many financial instruments on Bitcoin.Listen To This Episode:AppleSpotify...

Nov 01 2021

Jun 01 2021

Binance Smart Chain Announces Flash Loan Hacks, Calls For Actions

The controversial Binance Smart Chain is back on the news. Apparently, the Dapps it hosts have been the target of eight flash loan hacks in the last few days. Unofficially, it’s rumored that the amount lost is close to a whopping one billion dollars. Binance thinks “well organized hackers are targeting BSC now.” Twitter is skeptical, but that...

May 13 2021

May 12 2021

May 10 2021

Feb 01 2021

Kraken to Run Chainlink Node, Making Spot Prices Available to DeFi Apps

Feb 01 2021 Published at Crypto Briefing under tags  kraken nodes oracle oracles technology

Kraken's new Chainlink node will make the exchange's spot prices available to DeFi applications and other blockchains. Kraken's Oracle Data Now Accessible in DeFi Kraken today announced that it...

Kraken Exchange Brings Its Spot Price Data to DeFi Via New Chainlink Node

Feb 01 2021 Published at CoinDesk under tags  chainlink coinflash kraken markets news

Kraken's connection to the Chainlink network allows the exchange to broadcast its price data for use in blockchain-based apps.

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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