π Compound Finance is becoming their own Price Oracle, You are Invited to be a part of It. - Hallo sahabat
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π Compound Finance is becoming their own Price Oracle, You are Invited to be a part of It.
Also, have you checked out CoinGecko's latest Podcast?
Hello Geckos!
Bitcoin maxis out there, rejoice! Binance now allows you to trade perpetual futures priced in Bitcoin.
(Editor: *am seriously considering shorting everything else against bitcoin, wish me luck and don't try this at home) On another note, in an interview with CoinDesk, Loi Luu, CEO of Kyber Network (KNC) is looking forward to $3 Billion in Volume on the liquidity protocol by the end of 2020, seeing as they've just broke past the $1 Billion mark recently. "Whether the token can do well or not, it really depends on how the protocol is performing." - he said. Today we're taking another look at the ETC 51% attack, Compound being their own Oracle, and Wall Street finally moving in on the crypto space. Enjoy the newsletter today!
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| | π Episode 16 of our CoinGecko Podcast is out!Join Bobby Ong (CoinGecko's COO) as he interviews Nick Fett, CTO at Tellor and Michael Zemrose, CSO of Tellor. Bobby interviewed Nick and Michael on the Tellor oracle, how it works, the utility behind Tellor Tributes, as well as Tellor's upgrades in V2. Listen here | Spotify | Apple | Google | Youtube
| | Ethereum Classic Attacker Managed To Double-Spend $1.68 MillionIt was confirmed that the hacker responsible for the second attack on the Ethereum Classic (ETC) network have stolen $1.68 Million worth of ETC. During Thursday's attack, the attacker tried to double-spend 465,444 ETC but only managed to make away with 238,306 ETC. This is the second attack on the ETC within five days. On August 1, the attacker managed to make off with about $5.6 million worth of ETC. Ethereum Classic Labs is in the midst of pursuing criminal charges against the perpetrators of the 51% attacks. Decrypt
| | Compound Launches Permissionless Price OracleIn its efforts to migrate to the Open Price Feed, Compound has released its own price oracle. Compound is running an aggregator whereby users can fetch data on reported prices. These prices are derived from each reporter via public APIs and it's continually updated.
Compound has also created a price page that allows users to check the current state of the system. According to the post, the information is also available on-chain. (Editor: Several DeFi projects have cemented themselves in the space solely by offering price oracle services to other DeFi platforms like Compound. If other platforms follow suit with their own price oracles, what would happen to these standalone price oracle projects?) TheBlockCrypto
| | New York's Financial Regulator Greenlists 10 Tokens For CustodyThe New York State Department of Financial Services (NYDFS) has greenlit 8 virtual currencies for sale and trade, and approved 10 coins for custody by licensed entities. These coins include While these coins are not greenlit for trade, licensed entities may provide custody services for these coins: Ripple's XRP Token (XRP) Ethereum Classic
With this greenlist, entities licensed by the NYDFS may conduct virtual currency business activity in New York. However, any business planning to do so must first inform the NYDFS. (Editor: "When Wall Street" might be the "When Moon" for some people.) CoinTelegraph | |
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| HashrateTotal processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time. It is used as a speed reference hash. Learn about other Crypto terms here | | | |
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