Chainlink, Pyth Become Oracle Providers for US Government

The US government has tapped Chainlink and Pyth, two blockchain oracle providers, to publish economic data onchain. Pyth was selected by the Department of Commerce to be a publisher of gross domestic product (GDP) data — the total economic output in a year — according to an announcement on Thursday. Chainlink was selected to provide … Read more

Chainlink, Pyth Become Oracle Providers for US Government

The US government has tapped Chainlink and Pyth, two blockchain oracle providers, to publish economic data onchain. Pyth was selected by the Department of Commerce to be a publisher of gross domestic product (GDP) data — the total economic output in a year — according to an announcement on Thursday. Chainlink was selected to provide … Read more

Oracle Said to Spend “Billions” on Nvidia Chips This Year to Expand Cloud Computing Service

Oracle is spending “billions” of dollars on chips from Nvidia as it expands a cloud computing service targeting a new wave of artificial intelligence (AI) companies, Oracle founder and Chairman Larry Ellison said on Wednesday. Oracle’s cloud division is working to gain ground against larger rivals such as Amazon Web Services and Microsoft. To get … Read more

Securitize, Redstone Pilot ‘Trusted Single Source Oracle’ to Secure Tokenized Fund NAVs

Securitize, one of the largest tokenized asset issuers, and oracle provider RedStone have released a whitepaper they say introduces a new model for securely verifying Net Asset Value (NAV) data on-chain, tailored specifically for tokenized private funds. The model, dubbed the Trusted Single Source Oracle (TSSO), is designed to address a key gap in decentralized … Read more