Binance to Provide Market Data for Band Protocol's Oracles ...

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Oracle Definition: A data source or feed from a third party used for determining outcomes for smart contracts. Binance has announced today the support for Band Protocol’s oracle platform on its exchange. Smart contracts using Band Protocol will now have access to live price data from Binance’s 600+ cryptocurrency pairs. The system facilitates cross-chain transactions that rely on external data, such as peer-to-peer currency exchanges. Binance Futures already the biggest Bitcoin futures exchange in volume. In cumulative daily volume, Binance Futures is already the largest Bitcoin futures exchange. It processes $6.2 billion daily, which is higher than Huobi and OKEx, based on Skew’s data. The figure is impressive for two reasons. First, it shows the rapid growth of Binance Futures in a span of 13 months. Second, the ... Bitcoin Price Crash ... 2005-2020 (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all ... A number of other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Bitcoin News; $100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform. November 3, 2020. 558. Share. Facebook. Twitter. ReddIt. Telegram. Pinterest. WhatsApp. Advertisment. PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable. It allows users—both individuals, companies, enterprises ... Bitcoin Price Crash ... It’ll make Binance and Bitstamp look like grains of sand on a beach, and it will be well and truly capable of outflanking Governments attempts to stymie it. C: all the ... site:www ... Binance Chain, the blockchain created by the prominent Binance crypto exchange, will use the Band Protocol. With the decentralized data oracle, Binance will determine prices for over 600 trading pairs. The partnership between Binance and Band Protocol was officially announced this week. Binance, the world’s largest and liquid cryptocurrency by adjusted trading volumes, and ChainLink, a blockchain-based decentralized oracle provider, are connecting. In a move that will draw more attention to decentralized finance (DeFi) projects, billed as the next frontier in blockchain, Binance said they support the growth of the sub-sector.

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