Based

Cardano

April

Pyth Network

<div class="finbold">
 <p class="paragraph">Portofino Technologies, a crypto startup specializing in market making, token services, and Web3 investments, has joined Pyth Network as a new data <a rel="noopener noreferrer nofollow" title="provider" href="https://thebittimes.com/tag/provider.html">provider</a> community, according to the info shared with Finbold on April 10.</p>
 <p class="paragraph">Portofino Technologies brings a unique brand of expertise to the rapidly expanding Pyth Network, offering proprietary data on cryptocurrencies, bolstering the Pyth digital asset price feed coverage, and aligning with its overarching mission of furnishing dependable, real-time access to price data for global blockchain developers.</p>
 <h2 class="wp-block-heading" id="h-what-is-portofino-technologies">What is Portofino Technologies?</h2>
 <p class="paragraph">Based in Switzerland, Portofino Technologies operates as a market maker with over 25 employees stationed in London and Zug.&nbsp;</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">
    The 'degenerate' diaries: Unpacking the tactics of r/wallstreetbets traders <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">
    Opportunity? Cardano is 'exactly where it should be' for a breakout <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">
    Sell signal for an overbought cryptocurrency this week <span class="self-center text-xs text-slate-500">2 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">
    Here's how to turn $1k to $1 million during this crypto cycle <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">The company stands out for its proprietary market-making technology used to navigate centralized, decentralized, and over-the-counter digital asset markets.&nbsp;</p>
 <p class="paragraph">Additionally, Portofino offers token services and treasury management to Web3 companies.</p>
 <p class="paragraph">Leo Lancia, Portofino Technologies CEO and Co-Founder, expressed enthusiasm about the new partnership, stating:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“We are excited to collaborate with Pyth Network, and the team on its journey as a decentralized data <a rel="noopener noreferrer nofollow" title="provider" href="https://thebittimes.com/tag/provider.html">provider</a>. We look forward to leveraging our in-house proprietary market making technology and experience to contribute to the growth of the Pyth ecosystem.”</p> <cite>– Leo Lancia, Portofino Technologies CEO and Co-Founder</cite>
 </blockquote>
 <p class="paragraph">Shane O’Callaghan, Global Head of Business Development at Portofino Technologies, highlighted the significance of Pyth’s technology in the realm of decentralized finance (DeFi):</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Pyth’s low-latency oracle and innovative data technology will be the foundation and growth of DeFi. We are extremely excited to partner with the Pyth contributors and look forward to enabling our proprietary technology to help contribute to the overall Pyth ecosystem.”</p> <cite>– Shane O’Callaghan, Global Head of Business Development at Portofino Technologies</cite>
 </blockquote>
 <h2 class="wp-block-heading" id="h-the-growth-of-the-pyth-network">The growth of the Pyth Network<br></h2>
 <p class="paragraph">Pyth continues to make significant strides in the blockchain industry, marking a series of notable achievements.&nbsp;</p>
 <p class="paragraph">With its Total Value Secured (TVS) surpassing the $7 billion mark, Pyth solidifies its position as an industry leader.</p>
 <p class="paragraph">The platform’s dominance extends across 50+ blockchains, exemplified by its commanding market share on each supported chain.&nbsp;</p>
 <p class="paragraph">Adding to its momentum, Pyth welcomes Portofino Technologies to its data <a rel="noopener noreferrer nofollow" title="provider" href="https://thebittimes.com/tag/provider.html">provider</a> community.&nbsp;</p>
 <p class="paragraph">Portofino Technologies brings with it a wealth of expertise in market making, token services, and Web3 investments, further enhancing Pyth’s comprehensive data coverage.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/portofino-technologies-joins-pyth-network-as-a-new-data-provider-tbt85016.html">https://thebittimes.com/portofino-technologies-joins-pyth-network-as-a-new-data-provider-tbt85016.html</a></p>

Portofino Technologies joins Pyth Network as a new data provider

Table of Contents

TheBitTimes

Другие статьи, опубликованные 10 апр. 2024 г.

Ethereum Guardian P2P.org Surpasses $7.5B in Total Value, Introduces SaaB Model

Intel Unveils Gaudi 3 To Bridge AI Technology Gap in High-Demand Era

Auradine, Bitcoin Mining Equipment Maker, Secures $80M in Funding Ahead of Halving

Polkadot Shines – Is Now The Time To Buy DOT Before $10?

Shiba Inu Price Prediction: SHIB Plunges 4% As This Dogecoin Derivative Offers Last Chance To Buy...

LAKE Unveils Water Shop Portal Trailer in Celebration of Paris Blockchain Week (10 Apr)

Join our free newsletter for daily crypto updates!