🚀 Band Protocol Launches Band V3 With Key Improvements
#BandProtocol #BandV3 #DecentralizedOracle #ForesightNews #Crypto #Blockchain #PriceFeeds #DataTunnels #DevUX #Security #BAND
According to Foresight News, decentralized oracle project Band Protocol has announced the release of Band v3. The code for this new version will be rolled out in multiple phases, with the public development network expected to be available in a few months. Band v3 comprises three key components: Signal Center, Concurrent Price Feeds, and Data Tunnels. Compared to its predecessor, Band v3 introduces several significant enhancements, including free access to open price data, easy integration through a new DevUX, and heightened security.#BandProtocol #BandV3 #DecentralizedOracle #ForesightNews #Crypto #Blockchain #PriceFeeds #DataTunnels #DevUX #Security #BAND
🚀 Chaos Labs Launches Decentralized Oracle Protocol Edge for Solana Ecosystem
#ChaosLabs #DecentralizedOracle #Edge #Solana #Jupiter #DEX #PriceData #RiskManagement #ZeroKnowledgeProofs #Blockchain #Cryptocurrency #TradingVolume
According to Odaily, Chaos Labs has announced the launch of its decentralized oracle protocol, Edge, which supports the Solana ecosystem's decentralized exchange (DEX) Jupiter. Over the past two months, Edge has facilitated $30 billion in trading volume on Jupiter. Edge comprises three main components: Price, Risk, and Proof. The Price component provides high-precision price data through Chaos Labs' advanced outlier and anomaly detection algorithms. The Risk component automatically adjusts real-time parameters on-chain based on current market conditions. The Proof component ensures secure on-chain transmission of custom data points, including reserve proofs via zero-knowledge proofs (ZKP).
Since migrating to Edge as its primary oracle, Jupiter has experienced a 70% reduction in stale price events and an 80% decrease in update costs. This improvement is attributed to the payload efficiency of Edge's price reporting, which has increased the number of prices Jupiter can verify in a single transaction by five times.#ChaosLabs #DecentralizedOracle #Edge #Solana #Jupiter #DEX #PriceData #RiskManagement #ZeroKnowledgeProofs #Blockchain #Cryptocurrency #TradingVolume
🚀 Tellor Protocol Launches On Scroll Mainnet
#TellorProtocol #ScrollMainnet #decentralizedoracle #EVMcompatible #datatransmission #censorshipresistant #trustlessdata #TRB
According to Odaily, the decentralized oracle protocol Tellor has officially deployed on the Scroll mainnet and begun offering data services. This deployment utilizes the same standard setup as other EVM-compatible chains, employing the latest version of the Tellor protocol. This integration aims to provide the Scroll ecosystem with censorship-resistant and trustless data transmission.#TellorProtocol #ScrollMainnet #decentralizedoracle #EVMcompatible #datatransmission #censorshipresistant #trustlessdata #TRB
🚀 APRO Oracle Secures $3 Million Seed Funding Led By Polychain And Franklin Templeton
#APROOracle #SeedFunding #Polychain #FranklinTempleton #Bitcoin #DecentralizedOracle #Liquidity #MultiChain #Blockchain
According to BlockBeats, on October 7, the decentralized oracle network APRO Oracle, which operates within the Bitcoin ecosystem, successfully completed a $3 million seed funding round. The funding was led by Polychain, ABCDE, and Franklin Templeton, with participation from CMS Holdings, Comma3 Ventures, UTXO Ventures, Oak Grove Ventures, and Presto Labs. APRO Oracle aims to enhance liquidity within the Bitcoin ecosystem and is currently expanding its services to multiple chains, providing oracle solutions for the broader ecosystem.#APROOracle #SeedFunding #Polychain #FranklinTempleton #Bitcoin #DecentralizedOracle #Liquidity #MultiChain #Blockchain
🚀 Ether.fi Adopts Chainlink Proof Of Reserves For Enhanced Transparency
#Etherfi #Chainlink #ProofOfReserves #Ethereum #Transparency #DecentralizedOracle #Blockchain #AssetHoldings #LINK #ETH
According to Odaily, ether.fi has announced on the X platform that it will implement Chainlink Proof of Reserves on Ethereum to improve transparency. This move aims to provide users with greater confidence in the platform's operations by leveraging Chainlink's decentralized oracle network. The integration is expected to enhance the reliability and trustworthiness of ether.fi's reserve data, ensuring that users can verify the platform's asset holdings in real-time. This step aligns with ether.fi's commitment to maintaining high standards of transparency and security in the blockchain ecosystem.#Etherfi #Chainlink #ProofOfReserves #Ethereum #Transparency #DecentralizedOracle #Blockchain #AssetHoldings #LINK #ETH
🚀 Chainlink And Swift Collaborate On Blockchain Payment Solution
#Chainlink #Swift #Blockchain #PaymentSolution #FinancialInstitutions #DecentralizedOracle #Sibos #TradFi #BlockchainPrivacyManager #CrossBorderPayments #LINK
According to PANews, decentralized oracle provider Chainlink is set to introduce a new blockchain payment solution for financial institutions. Chainlink has partnered with Swift, the global messaging network used by banks and institutions, to demonstrate a new integration that allows institutions to interact with blockchain technology using Swift messages.
At the Sibos conference hosted by Swift in Beijing (UTC+8), Chainlink co-founder Sergey Nazarov highlighted the practical value of this integration. He stated, 'We are currently in the pre-production phase, which means we are about to provide you with functionalities that can be truly implemented within your existing institutional systems.' Nazarov further explained that the solution leverages Swift's established messaging standards to execute pre-settlement and transaction confirmations, which are widely used in traditional finance (TradFi). Once confirmations are completed, Chainlink's infrastructure converts these messages into blockchain events, enabling financial institutions to lock assets on-chain and execute payment operations.
Additionally, Nazarov introduced the newly launched Blockchain Privacy Manager (BPM). This feature, combined with the new Swift integration, allows financial institutions to conduct sensitive transactions, including private tokenized asset trades and cross-border payments.#Chainlink #Swift #Blockchain #PaymentSolution #FinancialInstitutions #DecentralizedOracle #Sibos #TradFi #BlockchainPrivacyManager #CrossBorderPayments #LINK
🚀 Sky Discloses 14 Million USDS Earning Chronicle Points on X Platform
#Sky #Chronicle #XPlatform #USDS #CLETokens #DecentralizedOracle #Ethereum #Maker #Blockchain #Crypto #ETH
According to Odaily, Sky has revealed on the X platform that 14 million USDS are currently earning Chronicle points. These points can later be exchanged for CLE tokens at a rate of 10 Chronicle points per CLE token. Chronicle's history dates back to the early days of Maker. During the development of DAI, Ethereum lacked a decentralized oracle, leading to the creation of Chronicle as the oracle for the Maker protocol. This made Chronicle the first decentralized oracle on Ethereum.
By the end of 2023, Chronicle was spun off as an independent project, leveraging its team's unique expertise in Oracle systems and unmatched reliability. Currently, Chronicle secures over $8.4 billion in assets and has been operational for more than seven years.#Sky #Chronicle #XPlatform #USDS #CLETokens #DecentralizedOracle #Ethereum #Maker #Blockchain #Crypto #ETH
🚀 Bank of England Partners with Chainlink for Settlement Tests
#BankofEngland #Chainlink #SettlementTests #CentralBankMoney #TokenizedAssets #TraditionalFinance #Blockchain #DigitalAssets #DecentralizedOracle #FinancialInfrastructure #LINK
The Bank of England has partnered with Chainlink to conduct tests on settlements involving central bank money and tokenized assets. According to NS3.AI, this collaboration aims to explore the integration of traditional finance with blockchain-based digital assets. The initiative marks a significant step toward modernizing financial infrastructure using decentralized Oracle technology.#BankofEngland #Chainlink #SettlementTests #CentralBankMoney #TokenizedAssets #TraditionalFinance #Blockchain #DigitalAssets #DecentralizedOracle #FinancialInfrastructure #LINK
🚀 Grayscale Celebrates First Anniversary of Pyth Trust
#Grayscale #FirstAnniversary #PythTrust #DecentralizedOracle #Cryptocurrency #Equities #FinancialAssets #PYTH #Solana #PythNetwork
Today marks the first anniversary of the Grayscale Pyth Trust. Grayscale posted on X. The Pyth Trust is a decentralized oracle network providing real-time pricing data for cryptocurrencies, equities, and other financial assets. The governance token for this network is $PYTH, which supports Solana's leading oracle network, PythNetwork.#Grayscale #FirstAnniversary #PythTrust #DecentralizedOracle #Cryptocurrency #Equities #FinancialAssets #PYTH #Solana #PythNetwork