Oracles

Oracles

Markets

Origin Protocol Loses $7M in Latest DeFi Attack

Stablecoin project Origin Dollar (OUSD) sustained a re-entrancy attack at 00:47 UTC Tuesday resulting in a loss of funds worth $7 million.

OUSD suffered a flash loan attack.

Finance

‘Chainlink Killer’ API3 Closes $3M Funding Round With Placeholder and Pantera

API3, a firm aiming to provide an alternative to oracle service Chainlink, has raised $3 million in a private funding round led by Placeholder.

Placeholder partner Chris Burniske at Consensus Invest 2017

Tech

Flash Loans Aren’t the Problem, Centralized Price Oracles Are

Flash loans attacks have received a lot of press attention. But they're not DeFi's biggest vulnerability, says Chainlink's CMO.

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Finance

Razor Network Raises $3.7M to Prove There’s Room for More Oracles in DeFi

Razor Network raised $3.7 million in seed funding from NGC Ventures, Alameda Research and Mariano Conti, the former oracles chief at MakerDAO.

viva-luna-studios-y3qrbAgm7q8-unsplash

Finance

Huobi, Dragonfly, Coinbase Invest $500K in New DEX With Alternative Oracle Solutions

CoFix claims to have better token price feeds based on a pricing mechanism derived from a decentralized price oracle and the DEX’s patented risk assessment model.

chart screen volatility

Markets

Oasis Network Announces Chainlink Oracle Integration to Enable Privacy-Focused DeFi Applications

Oasis Network, a privacy-centric data-sharing network, said it will integrate Chainlink’s price feeds into its network.

(LuckyStep/Shutterstock)

Tech

Chainlink Acquires Blockchain Oracle Solution From Cornell University

Chainlink has acquired privacy-focused oracle solution DECO from Cornell University. The data feed system is also drafting a second white paper for the project.

Chainlink co-founder Sergey Nazarov

Markets

Open-Source DeFi Data Platform DIA Raises $15M Through Token Sale

Marketed as an open-source data aggregator for DeFi markets, DIA announced on Friday that the $15 million were raised through selling the firm’s governance token.

canadastock/Shutterstock

Tech

5 Years After Launch, Predictions Market Platform Augur Releases Version 2

Augur v2 has all the bells and whistles: Interplanetary File System (IPFS), 0x Mesh, MakerDAO’s dai and Uniswap’s v2 oracle network.

(Atul Vinayak/Unsplash)

Tech

Chainlink Integration Brings Data Feeds to Binance’s DeFi Project

Binance is building out a DeFi platform with its Smart Chain protocol and has integrated Chainlink as a pricing solution.

Binance BSC, Binance app