This week in crypto: Binance launches its oracle network, invests in Elon Musk’s Twitter takeover

2022-10-29 17:52

Binance was in the news this week for numerous activities as the crypto exchange continues to grow despite the bear market.

Binance to launch its oracle network soon

The world’s leading cryptocurrency exchange announced earlier this week that it would launch the Binance Oracle network this month. 

The crypto exchange said Binance Oracle will support multiple blockchain partners within the BNB Chain ecosystem, becoming yet another stepping stone on Binance’s path to the role of the leading infrastructure services provider for the digital asset sector.

Binance was also confirmed as an investor in Elon Musk’s Twitter acquisition. Elon Musk completed the Twitter acquisition a few hours ago. Earlier this week, Binance CEO, Changpeng Zhao said Binance will still back Elon Musk’s acquisition of Twitter. 

The crypto exchange had previously committed $500 million to Elon Musk’s Twitter deal, and reports now suggest that Binance went through with the investment. 

In yet another positive news for Binance, CZ revealed earlier this week that the National Bank of Kazakhstan (NBK) had agreed to test the country’s central bank digital currency (CBDC) on the BNB Chain, Binance’s blockchain network. 

Google Cloud to launch a blockchain node service

Google Cloud announced earlier this week that it would launch a blockchain node engine. According to the tech giant, the engine will streamline the process of setting up a brand new node and also the complications of hosting it on your own hardware.

Google added that it would start with the Ethereum blockchain. Google Cloud has been assembling a web3 team and is slowly entering the blockchain ecosystem.

Revolut to add a crypto payment feature soon

Fintech firm Revolut revealed earlier this week that it would be adding cryptocurrency payment features t its platform soon.

The neobank informed its customers would get 1% back “for a limited time” if they with their Revolut cards using crypto. This latest development comes roughly a month after Revolut introduced 29 new tokens to its crypto offerings, including SOL, AVAX and Shiba Inu.

FTX is working on creating its stablecoin

Binance already has its BUSD stablecoin, and now FTX cryptocurrency exchange is planning on creating its stablecoin. FTX’s CEO Sam Bankman-Fried revealed earlier this week that there are discussions regarding its stablecoin. He revealed that the value of FTX’s stablecoin would be tied to that of another asset.

Hong Kong plans to legalise retail crypto trading

A Bloomberg report earlier this week revealed that Hong Kong’s government plans to allow retail investors to trade cryptocurrencies. However, retail investors would trade cryptos on locally licenced cryptocurrency exchanges. 

The move is part of Hong Kong’s plan to position the city as a center for virtual asset service providers. Details of the new plan are expected to be revealed next week at an annual fintech conference in the city.

The post This week in crypto: Binance launches its oracle network, invests in Elon Musk’s Twitter takeover appeared first on CoinJournal.

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Binance Coin (BNB) на Currencies.ru

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binance oracle network week exchange launch crypto

Источник: coinjournal.net

binance oracle → Результатов: 27


Binance запустила свой оракул Binance Oracle

Криптовалютная биржа Binance выпустила оракул под названием Binance Oracle, чтобы помочь приложениям получать реальные данные. Экосистема BNB Chain станет первым блокчейном, использующим Binance Oracle, хотя у команды есть планы расширить ее на другие сети.

2022-10-27 09:47


Binance, Oracle и Sequoia поддержат поглощение Твиттера Илоном Маском

Криптовалютная биржа Binance, Oracle в лице одного из соучредителей и венчурная компания Sequoia вошли в группу участников инвестиционного пула создателя Tesla и SpaceX.

2022-5-5 16:21


Umbrella Network reduces fees by migrating its oracle solution to Binance Smart Chain

CryptoNinjas » Umbrella Network reduces fees by migrating its oracle solution to Binance Smart Chain Umbrella Network, a scalable and cost-efficient layer-2 oracle solution for blockchain and decentralized finance (DeFi) ecosystems, today announced that they are formally shifting their computations and consensus mechanics from Ethereum to Binance Smart Chain (BSC), the blockchain platform from crypto exchange company, Binance.

2021-5-4 23:07


Binance Smart Chain Testnet Adds Real-World Data With Chainlink’s Oracle Network Integration

Binance Smart Chain (BSC) announced the successful completion of the integration of Chainlink’s decentralized oracle on Twitter this Tuesday. The combination of Chainlink brings about ease in the development of decentralized applications on the blockchain by providing a direct link to external data sources, which saves developers time in creating their oracles. BSC, who launched […]

2020-7-24 20:20


Crypto Derivatives Platform, Delta Exchange, Rolls Out BNB and LINK Options Trading

Singapore-based crypto derivatives platform Delta Exchange has now launched trading options for the Binance coin (BNB) and LINK, a brainchild of enterprise oracle solutions Chainlink. The June 19th announcement highlighted that the BNB and LINK would be corresponding to contracts they have with Tezos (XTZ), Atomic Coin (ATOM), XRP, and Litecoin (LTC). According to the […]

2020-6-20 20:28


На Blockchain Life в Москве продано более 4800 билетов

Blockchain Life 2019 готовится побить рекорд по количеству участников 16-17 октября в Экспоцентре. Международный форум ежегодно подтверждает звание одного из самых масштабных и главных событий по блокчейну и криптовалютам.

2019-10-15 10:29


Топ-менеджер Huawei и создатели венесуэльской El Petro выступят на Blockchain Life в Москве

Один из крупнейших форумов в мире Blockchain Life 2019 состоится 16-17 октября в Москве. В программе заявлены десятки выступлений от топ-менеджмента таких компаний, как Binance, Listing. help, BitForex, IOTA, Oracle, Dash, Huobi, Tron, Kaspersky, ВТБ и других.

2019-10-8 16:55


Microsoft, Huawei и представители Венесуэлы на Blockchain Life 2019 в Москве 16-17 октября

До начала форума Blockchain Life 2019 остается неделя, организаторы продали уже более 4000 билетов. Ряды спикеров форума, среди которых владельцы крупнейших мировых компаний индустрии, бизнесмены, инвесторы и разработчики, пополнили: Ведущий технический специалист Microsoft в РФ Константин Гольдштейн; CTO Huawei Джордж Себастиао; Венесуэльская делегация El Petro — создатели первой национальной криптовалюты.

2019-10-7 10:04


Президент снова выступит на форуме Blockchain Life в Москве

16-17 октября в Москве президент Либерленда Вит Едличка в 3-ий раз выступит на Blockchain Life 2019 Уже через 2 недели Blockchain Life 2019 собирает 6000 участников и более 70 спикеров на площадке московского Экспоцентра.

2019-10-2 21:20


Фото:

Harmony (ONE) Inks Partnership with Oracle Service Provider Chainlink

In a Medium post published June 5, 2019, blockchain project Harmony (ONE) announced its partnership with tech startup Chainlink. The Reasons Behind the Partnership The latest project to conclude its initial exchange offering (IEO) on Binance Launchpad, Harmony has partnered with Chainlink to utilize the latter’s accredited expertise in providing highly secure and transparent oracleRead MoreRead More.

2019-6-6 11:00


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