Band Protocol Becomes First Blockchain Project to Join OpenAPI Initiative

Injective Protocol has announced that it will expand its partnership with Band Protocol. As such, it will operate a validator node for BandChain. In exchange, Band Protocol will begin participating in Equinox Staking, according to an official post. This is part of Injective Protocol’s testnet preparations for its upcoming mainnet deployment. Injective is a second […]

Band protocol hopes to bring more data to the decentralized economy with BandChain Phase 2. Band Protocol, the cross-chain data oracle provider, announced Tuesday that its BandChain oracle blockchain is in the process of upgrading to phase 2. According to a press release provided to Cointelegraph, the upgrade — which was first proposed back in June 2021 — will be the first data oracle network to allow providers to supply data to the decentralized economy in this manner.The project hopes to allow for access to more data sources and richer data types for traditional enterprises by....

New details have emerged about a soon-to-be-launched initiative focused on enterprise uses of the ethereum protocol. Dubbed Enterprise Ethereum, the project's founding membership is said to include major financial institutions, tech giants and natural resources companies. According to sources, participating firms include JP Morgan, CME Group, BNY Mellon, Banco Santander, Microsoft, Red Hat, Cisco, Wipro and British Petroleum, among others. Blockchain startups BlockApps, Brainbot Technologies, ConsenSys, Nuco and Tendermint – as well as the Ethereum Foundation, the non-profit that oversees....

Oracle tokens gain traction as cross-chain interoperability and new developments in the DeFi sector lure investors away from Bitcoin and NFTs. Nonfungible tokens (NFTs) have been the talk of the town over the past few months, but as the start of the second quarter gets underway for the global financial markets, it possible that traders may start looking for opportunities in other parts of the crypto market. Oracle projects are one sub-sector that has been making moves over the past few weeks as some traders shift their focus away from NFTs.BAND/USDT vs. API3/USDT vs. DIA/USDT 1-day chart.....

LUNA price rallied to a new high above $45 following the launch of the ‘Project Dawn’ funding initiative and the upcoming Columbus-5 mainnet upgrade. In the last 24-hours, Terra (LUNA), a blockchain protocol focused on building a global payments system powered by the UST stablecoin, rallied to a new all-time high at $45. LUNA/USDT 1-day chart. Source: TradingViewData from Cointelegraph Markets Pro and TradingView shows that since bottoming at a low of $5.61 on July 20, the price of LUNA has ripped 720% higher to a record high at $45 on Sept. 10. The swift rally also lifted the total value....