Former Bitcoin.com CEO sues oracle over 37.5M allegedly unpaid tokens
The co-founder and former CEO of Bitcoin.com is suing a Tron-based oracle platform and its principal founder for allegedly failing to pay him. Mate Tokay, Bitcoin.com’s former CEO, is taking legal action against a small-cap crypto he advised for reportedly failing to pay him 37.5 million BRG tokens worth $525,000.Tokay claims that he was never paid for his services, despite the project using his name for recognition to attract investment for Bridge.link's $8 million initial exchange offering three months ago. He adds that Bridge’s founder Sina Estavi offered to compensate Tokay with “a far....
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Public oracle project, Bridge Oracle successfully completed the launch of its mainnet on Tron blockchain on Thursday. The mainnet launch aims to give Tron blockchain users access to implementing real-world decentralized applications, or DApps, by connecting them to off-chain data. Bridge Oracle, a Tron-based public oracle aiming to play a similar role to Chainlink on Ethereum, announced the launch of its mainnet on Thursday through email. Touted as the first-ever public oracle project on Tron’s […]
Bridge Oracle will soon be launching services on its mainnet that will permit users to implement real-world DApps on the Tron network with the help of Bridge Oracle. Bridge Oracle is pleased to announce the upcoming launch of its mainnet services. The mainnet will enable users to deploy real-world connected decentralized applications using Bridge Oracle […]
Bridge Oracle will soon be launching services on its mainnet that will permit users to implement real-world DApps on the Tron network with the help of Bridge Oracle. March 1, 2021 — Bridge Oracle is pleased to announce the upcoming launch of its mainnet services. The mainnet will enable users to deploy real-world connected decentralized applications using Bridge Oracle on the Tron network. The launch of a mainnet is always a landmark moment for any blockchain […]
“UNI is in an excellent position to be a token for such an oracle,” said Buterin, in reference to decentralized pricing oracles for stablecoins. Uniswap’s native UNI token can greatly enhance its utility by becoming a pricing oracle for stablecoins, according to Ethereum co-founder Vitalik Buterin. In a proposal submitted to Uniswap’s governance platform, Buterin said that a successful decentralized finance, or DeFi, ecosystem relies on a “highly secure pricing oracle,” noting that algorithmic stablecoins, synthetic assets and collateralized loans all depend on oracles. The problem,....