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....
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....
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.....
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 […]
Nowadays, most businesses gain from their consumers’ data, whether they have their permission or not. This helps them obtain a competitive advantage over their competitors and offer services in line with the consumers’ needs. Hub Star seeks to provide individuals complete control over their personal info while simultaneously allowing enterprises to collect accurate, clean data […]