Douro Labs’ executive, Michael James, explains how Pyth Network’s innovative data pull model is challenging the traditional financial data industry, offering real-time, cost-effective solutions and fostering broader participation in global finance.
Tag: Business
Filecoin & Lockheed Martin Successfully Test Decentralized Data Storage in Space
Filecoin Foundation and Lockheed Martin Space successfully tested the InterPlanetary File System (IPFS) on a satellite, proving the potential of decentralized data storage for space applications. Learn about the benefits, implications, and future possibilities.
Basel Medical’s $1 Billion Bitcoin Investment: Stock Plummets Amid Investor Concerns
Basel Medical Group’s stock price declined by 15% following the announcement of a $1 billion Bitcoin investment. This article examines the company’s rationale, investor reaction, and the broader context of corporate Bitcoin treasuries.
Bitcoin Resilience: Overcoming Coinbase Hack & DeFi Developments
Despite a significant phishing attack on Coinbase, Bitcoin demonstrates strength with substantial exchange outflows and Aave reaches a record TVL. This week in DeFi saw resilience and growth.
Central Banks Explore Smart Contracts for Monetary Policy: BIS Project Pine
Central banks are experimenting with smart contract toolkits, as demonstrated by the BIS Project Pine, to enhance monetary policy implementation in tokenized environments. This exploration aims to provide faster and more flexible responses to financial events, though infrastructure limitations remain a challenge.