Kraken to Run Chainlink Node, Making Spot Prices Available to DeFi Apps

2021-2-2 15:00

Kraken’s new Chainlink node will make the exchange’s spot prices available to DeFi applications and other blockchains. Kraken’s Oracle Data Now Accessible in DeFi

Kraken today announced that it was “critical” to make its in-house crypto data directly accessible on-chain for optimal execution on DeFi apps.

The node will allow the exchange to broadcast its oracle data on any blockchain moving forward. Users will be able to use Chainlink’s signing capabilities to demonstrate proof of the data’s origin for security purposes.

Kraken Chainlink Node

The decision to run a Chainlink node follows a recent Kraken Intelligence report on price manipulation and other risks faced by DeFi markets.

The exchange stated that issuing spot prices via Oracle Rates is “an important step towards increasing transparency and building trust in the digital asset industry.” The Oracle Rates data will improve dApps, derivatives contracts, stablecoins, cross-border payments, and other financial protocols.

Chainlink is the most widely used blockchain oracle, and Kraken stated that its thorough auditing process and track record in securing billions of dollars of assets were factors in the decision to run the node.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Defi (DEFI) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0182135 (-100%)

prices available apps spot defi making run

prices available → Результатов: 75


tap, the First One-Stop-Shop Crypto App Lists on Bittrex on 23rd Dec

Following the app release, an in-principle DLT approval by the Gibraltar Financial Services Commission and an acceptance onto the STP network, tap’s token (XTP) is to become available on the Bittrex platform tap is a one-stop-shop crypto app that includes an aggregated crypto exchange (spanning several exchanges to deliver optimum prices), safe crypto storage through.

2019-12-23 06:41


Binance Futures Maxes Leverage Bar Out To 125X

Binance has just upped the ante as the futures trading platform raises the bar with a new 125X leverage option on Bitcoin futures contracts. If you seek to profit from falling Bitcoin prices, or you simply find the current levels of volatility to not be stimulating enough, the Binance futures trading platform is available for […] The post Binance Futures Maxes Leverage Bar Out To 125X appeared first on Crypto Briefing.

2019-10-18 12:50


Diamond Open Market ICO

The Diamond Open Market,an EOS-based platform to buy and sell natural and lab-grown diamonds, heirloom or other jewelery, is opening the formerly closed diamond market for everybody. DOM will present a marketplace and a trading platform for businesses and individuals working as a reliable tool for B2B, B2C or P2P relations.

2019-10-11 22:33


Ripple’s XRP could be the biggest winner of Bakkt and Nasdaq futures launch

Since CME made Bitcoin futures available on December 18, 2017, Bitcoin’s price dropped. On December 17, 2017, the price peaked at $19,911. The rest is history. Since then, we have spent a lot of time reflecting on the question of how Bitcoin futures will exactly impact the crypto market, in particular the prices of crypto […] The post Ripple’s XRP could be the biggest winner of Bakkt and Nasdaq futures launch appeared first on CaptainAltcoin.

2018-12-6 16:28


Secret Trees ICO

Secret Trees is an environmentally-conscious agricultural company and next generation technology services provider. Founded in 2018, Secret Trees aims to contribute to a sustainable global agro-economy through the industrial and commercial development of the growing demand for the agricultural crop Hemp.

2018-11-30 14:03