DeFi growth boosts oracle market competition — RedStone co-founder
As DeFi expands, the oracle market faces new competition from emerging providers challenging established players like Chainlink. Go to Source
Blockchain Oracles
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Arrington Capital-backed RedStone launches Bitcoin staking oracles
Without Bitcoin staking oracles, BTC-based liquid staking tokens can be only used to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak. Go to Source
Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded heavy losses this year is the blockchain oracles … Read more
Chainlink and CF Benchmarks to Bolster Onchain Transparency via CF Bitcoin Interest Rate Curve Product
On Wednesday, the decentralized oracle network platform, Chainlink, announced the launch of a market-wide interest rate product for Web3 protocols and the decentralized finance (defi) economy, called the CF Bitcoin Interest Rate Curve (CF BIRC). Chainlink revealed the new product at Smartcon 2022 in New York City, and the newly launched CF BIRC product aims … Read more
Accuweather Collaborates With API3 in Order to Provide Blockchain-Powered Weather Data
On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to blockchain technology by hosting an API3 Airnode. The company revealed that it is collaborating with blockchain oracle provider API3 and Web API operators will be able to access Accuweather’s onchain weather data. Accuweather Exec Believes … Read more
