DeFi Report: Ethereum reclaims 42% Solana outflows
DeFi Report founder Michael Nadeau outlined that most Ethereum value moved to layer 2s, which would drive value to the layer-1 blockchain. While Solana has received inflows from other blockchains, a significant portion of that value has flowed back to Ethereum, according to Michael Nadeau, founder of The DeFi Report. In an X post , […]
AI Drives Meta & Microsoft Q3 Earnings, But Stock Prices Dip
Meta and Microsoft’s AI businesses announced better-than-expected quarterly earnings, but muted outlooks saw their shares down after hours. Shares in Meta Platforms and Microsoft declined in after-hours trading on Oct. 30 despite both companies posting strong Q3 earnings, as executives gave lower earnings forecasts and outlined increased spending plans for artificial intelligence (AI). Meta reported a […]
Singapore Boosts Fintech Hub with Global Finance Tech Network
MAS granted Gemini, a cryptocurrency exchange, an initial approval to operate as a major payment institution in Singapore. The Monetary Authority of Singapore (MAS) founded the Global Finance and Technology Network (GFTN) as part of its ongoing efforts to establish Singapore as a global hub for financial technology innovation. Singapore Launch Global Financial Technology Network […]
TRON Collaborates With Chainlink, Here’s What To Know
TRON has become a member of Chainlink SCALE, and Chainlink Data Feeds will now serve as the foundation’s official oracle. Justin Sun, the founder of TRON , has announced that his company has joined Chainlink SCALE. Chainlink Data Feeds will now serve as the foundation’s official oracle. This strategic upgrade will improve the security of […]
Tron replaces oracle provider with Chainlink
Tron will temporarily cover Chainlink’s operational costs, including gas fees, with plans to transition these costs to DApp user fees in the future. Chainlink, the blockchain oracle provider and Tron’s decentralized autonomous organization (DAO) have announced that the Tron blockchain would be switching its oracle solution provider. Tron DAO issued a news release announcing its […]