The Importance of Accurate On-Chain Data
Errors in the reporting of bitcoin’s on-chain data can drastically affect the volatility and price of the market.Bitcoin market manipulation still exists:The importance of on-chain analytics and blockchain data providers is rising in importance right alongside bitcoin’s price and overall adoption. However, with this increase of importance comes an increase of responsibility. Tens of thousands of traders now use popular on-chain data providers such as Glassnode, CryptoQuant and Coinmetrics. These traders are making instant reactions/decisions based on this data, trying to gain an edge over....
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DIA is the first oracle provider to integrate its oracle infrastructure with the Astar Network, running on the Polkadot Relaychain. The oracle deployment will facilitate DeFi applications on Astar to easily connect to the outside world data. The open-source data provider DIA announced today the integration of its decentralized oracle infrastructure with the Astar Network, running on the Polkadot Relaychain. This oracle deployment will facilitate DeFi applications on Astar to easily connect to the outside world data via DIA’s trusted oracles. Astar Network, previously known as Plasm, is a....
With Kattana, DeFi finally has a professional trading terminal that matches (and often exceeds) CEX ones. As long as DeFi existed, there has been a massive gap between the tools available to traditional traders on CEXs and outside of crypto vs. the very basic tools available to DeFi traders, often having to just take whatever price is being offered on Uniswap or other AMMs. But what trader wants to be limited by blunt instruments when the price of even a tiny delay can cost millions? The team behind Kattana knew this all too well, having already developed a successful CEX trading terminal.....
In yet another example of the numerous applications of block chain technology, a New York-based subsidiary of Global Arena Holding called Global Election Services is keen to explore applications that aid in secured block chain voting. Block chain technology is being tapped into by banks, research companies, stock markets like NASDAQ and even government entities such as the UK Treasury. With accurate record-keeping as an incorruptible digital ledger, a block chain's applications are a varied sort while offering staggering potential due to its efficiency and clarity. The democratic process....
Kylin Network, a platform developing a cross-chain data infrastructure and the Data Economy 3.0, announced the release of decentralized oracles as part of the first applications of its technology for providing the DeFi market with an accurate, reliable, and cost-effective source of external information. The oracles developed by the Kylin Network can remove the risks of cryptocurrency price manipulations or inaccurate data by directly connecting to several reliable sources at once, verifying the information received […]
Ertha is a new P2E game with an exciting backstory launching on Binance smart chain, unlike anything else. The game will encompass an accurate life simulation on a massive scale where players will be able to micromanage their companies and countries in a satisfying and rewarding way. The new metaverse will require players to consider their economic, infrastructure, and military development to advance and dominate other players. Ertha will encompass multiple features that make it detail-oriented, making player decisions dynamically impactful in the metaverse. The game is diverse between....