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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

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    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

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    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

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    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

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    $3.62B Already Sold in 2025

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    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

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    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    NFT market cap drops by $1.2B as Ether rally loses steam

    NFT market cap drops by $1.2B as Ether rally loses steam

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    From Apes to Punks, NFTs roar back with triple the buyers

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    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

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    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

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    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

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    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

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    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    ETH Daddy Discusses Ethereum and AI

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    What Is Impermanent Loss? How It Works, and How to Avoid It

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    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

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    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Blockchain

API3’s Bold Bet on Enhanced Oracle Performance

June 29, 2024
in Blockchain
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API3’s Bold Bet on Enhanced Oracle Performance
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API3, a pioneer in decentralized APIs for blockchain platforms, has announced a strategic shift in its deployment approach for the upcoming OEV Network.

READ ALSO

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MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

The API3 team initially partnered with Polygon but pivoted after the timeline was too tight for their launch. This comes as API3 looks to remain nimble in its development and offer a product that is perfectly synced with the wants of markets and developments in technological fields.

The move to Arbitrum Orbit is the beginning of a new era for API3. This is known as Arbitrum Orbit, which has established itself in delivering an easy-to-launch Layer 2 and Layer 3 network with powerful scalability and efficacy.

As the launch of OEV Network draws nearer, we want to provide you with an important update on the infrastructure decisions made by the API3 Core Technical team.

Initially, we chose to partner with Polygon for the launch of the OEV Network, believing that the Polygon zk-rollup… pic.twitter.com/b1o1ndUuiJ

— API3 (@API3DAO) June 27, 2024

Such a move is expected to help speed up the deployment of the OEV Network, an offering that has been crafted for and ensures broad support in DeFi. API3 is now undertaking closed beta focus group efforts which pave the way for a rapid expansion towards full launch.

Leveraging Arbitrum for Enhanced Oracle Services

The strategic shift to Arbitrum Orbit not only underscores API3’s adaptability but also highlights their continuous endeavor to harness cutting-edge technology to serve the DeFi community better. Arbitrum Orbit provides distinct advantages in terms of transaction speed, operational costs, and scalability—factors that are crucial for the effective functioning of decentralized oracle services.

See also  Cardano Founder Eyes Partnership with Kraken for New Layer-2 Blockchain Project

Through the integration, API3 hopes to redefine what is possible in oracle services with a focus on how these interact with protocol-maximized extractable value (MEV) solutions.

An OEV Network from API3 could offer a much-wanted paradigm shift where decentralized oracle networks are concerned. By providing oracle services as a part of the MEV recapture protocol solutions, API3 is paving the way for creating a safer and more efficient blockchain ecosystem.

The anticipation surrounding the OEV Network is high, as it is expected to offer unprecedented capabilities to DeFi protocols, enhancing their operational efficiency and security.

Tags: API3sBetBoldenhancedOraclePerformance

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Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

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Ethereum roadmap gets updated, details inside

Ethereum roadmap gets updated, details inside

January 1, 2024
Top NFT Projects By Social Activity, Ape and Floki Leading the Pack

Top NFT Projects By Social Activity, Ape and Floki Leading the Pack

November 29, 2024
Bitcoin: Will ETF approval cause a ‘sell the news’ event?

Bitcoin: Will ETF approval cause a ‘sell the news’ event?

January 3, 2024
Rent and Borrow NFTs in the Gray Boys Proxy Marketplace

Rent and Borrow NFTs in the Gray Boys Proxy Marketplace

October 23, 2023

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