Galaxy Digital to provide market data to blockchains with Chainlink
Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications. Despite the innovations brought about by blockchain technology, a blockchain by itself does not automatically come with market data. To fix this, the trading and asset management firm Galaxy Digital has collaborated with the blockchain oracle provider Chainlink. In an announcement sent to Cointelegraph, Galaxy highlighted that the firm will provide its crypto pricing data to blockchains through Chainlink. The firm believes that with this data, smart contract....
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The Associated Press (AP) has historically been known as one of the most reliable sources in news data. This week, the AP has announced that they are launching a Chainlink node to make a variety of different datasets available to leading blockchains. The AP has continued to be aggressive in utilizing blockchain technology to provide data in the quickest and most reliable way possible. Moving At The Speed Of News In today’s world, news is arriving to consumer’s eyes and ears faster than ever. The Associated Press’ move this week to leverage Chainlink oracles will look to....
As a startup, Chainlink solves a significant obstacle that concerns transferring data between blockchains and the real world. The protocol, whose origins date back to September 2014 – a period when half of the world have not even heard about blockchains and Bitcoin, offered a solution that enables independent data sources to feed information into […]
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called the “Galaxy Bitcoin ETF.” Galaxy Digital Wants to Provide a Bitcoin ETF Galaxy Digital Holdings (TSX: GLXY) filed a Form S-1 registration with the SEC on Monday in order to get approval for a new bitcoin ETF. The “Galaxy Bitcoin ETF” filing was submitted on April 12, 2021, and joins the....
The oracle network’s exponential growth has been tied to the emergence of DeFi. Co-founder Sergey Nazarov said Chainlink is also powering metaverses. The total value secured by the Chainlink network has officially surpassed $75 billion, marking a new milestone for the decentralized oracle solution that has become synonymous with price data services for the rapidly growing DeFi sector. With the milestone, Chainlink has become “one of the most value securing forms of decentralized consensus on the planet,” according to protocol co-founder Sergey Nazarov. Chainlink is also one of the....
Galaxy Digital seems to be bullish on Bitcoin and Ethereum, as revealed by the latest data. The blockchain company recently invested heavily in Bitcoin and Ethereum positions amidst the ongoing increase in price. While quoting data from DeFi portfolio tracker DeBank, Lookonchain showed that Galaxy Digital deposited 4,168 WBTC (worth $142 million) and 16,000 ETH […]