Blast

April

Pyth Network

<div class="finbold"> 
 <p class="paragraph">Ambient, a decentralized exchange protocol (DEX), has joined the ranks of data providers on the Pyth Network, according to the information shared with Finbold on March 25.&nbsp;</p> 
 <p class="paragraph">The partnership marks a pivotal moment, enabling Blast and Scroll DEX for on-chain assets to furnish real-time price data.&nbsp;</p> 
 <p class="paragraph">With Ambient in its arsenal, the Pyth Price Feeds is now more ready than ever to fortify data integrity and security, enhancing the experience of Web3 developers worldwide.</p> 
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6"> 
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5"> 
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"> <path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path> 
   </svg> Picks for you </h3> 
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0"> 
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
     Bitcoin to hit $100k after confirming critical support <span class="self-center text-xs text-slate-500">31 mins ago</span> 
   </div> 
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
     3 cryptocurrencies to turn $100 into $1,000 in April <span class="self-center text-xs text-slate-500">1 hour ago</span> 
   </div> 
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
     Binance Academy and BNB Chain introduce innovative developer training program <span class="self-center text-xs text-slate-500">3 hours ago</span> 
   </div> 
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
     What’s going on with Australian dollar vs. US dollar (AUD/USD)? <span class="self-center text-xs text-slate-500">3 hours ago</span> 
   </div> 
  </div> 
 </div> 
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment"> 
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;"> 
  </div> 
 </div> 
 <p class="paragraph">Doug Colkitt, the Founder of Ambient Finance, expresses enthusiasm about the collaboration stating:</p> 
 <blockquote class="wp-block-quote"> 
  <p class="paragraph">“We are excited to leverage our market data to support the Pyth Network ecosystem. By providing pricing data from our deep, liquid pools, we look forward to increasing security, efficiency, and transparency in financial data on-chain. As Ambient grows we look forward to providing market data for more assets, and playing a role in the growth of the Pyth Network.”</p> <cite>– Doug Colkitt, the Founder of Ambient Finance</cite> 
 </blockquote> 
 <h2 class="wp-block-heading" id="h-what-is-ambient">What is Ambient?</h2> 
 <p class="paragraph">Formerly known as CrocSwap, Ambient fuses concentrated and ambient constant-product liquidity in two-sided Automated Market Makers (AMMs) across a spectrum of blockchain assets.</p> 
 <p class="paragraph">The platform operates within a singular smart contract, featuring lightweight AMM pools as opposed to separate smart contracts.</p> 
 <p class="paragraph">Such a design choice has positioned Ambient as the most efficient Ethereum (ETH) based DEX to date.</p> 
 <h3 class="wp-block-heading" id="h-what-s-in-it-for-pyth">What’s in it for Pyth?</h3> 
 <p class="paragraph">Having made its debut in the summer of 2023, Ambient is already accessible on platforms like Blast, Scroll, Ethereum, and Canto, having amassed over $50 million in total value locked (TVL) and facilitating transactions worth $650 million.</p> 
 <p class="paragraph">With their unique price data, platforms like Ambient are the foundation of Pyth Price Feeds.&nbsp;</p> 
 <p class="paragraph">In other words, the involvement of data providers within the Pyth Network is key to ensuring seamless access to dependable real-time price data for smart contract developers across diverse blockchain ecosystems.</p> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/ambient-becomes-a-new-pyth-data-provider-tbt83478.html">https://thebittimes.com/ambient-becomes-a-new-pyth-data-provider-tbt83478.html</a></p>

Ambient becomes a new Pyth data provider

Indice dei contenuti

TheBitTimes

Altri articoli pubblicati su 25 mar 2024

SnoopyBabe innovative memecoin with its ecosystem related WEB3 | Fairlaunch on Launchpad TonRaffles

Ethereum (ETH), Ethereum Classic (ETC) Strike Bullish Price Shift, Will KangaMoon’s (KANG) Price ...

$RECQ Presale on Pace To Break Previous Presale Records as New Opportunities Beacons on XRP and S...

Goldman Sachs Says Hedge Fund Clients Flock to Crypto After Bitcoin ETF Approval

Binance Faces Tax Evasion Charges in Nigeria, Executives Detained

Bankrupt Cryptocurrency Exchange FTX Takes $884 Million Step to Refund Creditor Customers

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!