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Showing posts with the label oracle

Bitget to list Pyth Network (PYTH): Enhancing access to reliable price oracles

Victoria, Seychelles, November 20th, 2023, Chainwire Bitget, the leading global cryptocurrency exchange and web3 company, is thrilled to announce the listing of Pyth Network (PYTH) on its platform. PYTH, a robust decentralized network providing real-world market data, plays a pivotal role in the broader blockchain ecosystem, delivering reliable price oracles essential for decentralized applications (dApps) and DeFi protocols. Deposits for PYTH token are open, spot grid trading will go live within 24 hours from the listing. PYTH operates as a decentralized oracle network, offering accurate and timely price feeds for a wide range of assets. By providing transparent and reliable market data, PYTH contributes to the efficiency and trustworthiness of decentralized applications across various blockchain networks. The decentralized nature of PYTH ensures that the information it provides is resistant to manipulation, creating a secure foundation for smart contracts ...

Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability

Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to a number of blockchain protocols. Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network . The American cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership that is set to improve decentralization of the Web3 ecosystem.  Coinbase Cloud’s infrastructure already services a number of leading blockchains, including Ethereum, Solana, Algorand and Aptos. Chainlink node operators are integral to the network, and responsible for connecting smart contracts on different blockchains to data and systems. Related: Google Cloud broadens Web3 startup program with 11 blockchain firms Chainlink essentially creates a bridge between Web2 and Web3 by sourcing, formatting and transmitting data to smart...