Despite an anticipated bullish “Uptober,” the cryptocurrency market has taken a bearish turn, with the global market cap down 2% and trading volume plunging 21%. Top cryptocurrencies are feeling the pressure, with Bitcoin down 3% and Ethereum facing a 6% dip. However, Flare (FLR) has defied the trend, experiencing a
The integration of Flare with Polyhedra’s zkBridge DVN has been approved by the Polyhedra community. With the help of this integration, Flare developers will be able to use LayerZero to create secure and efficient cross-chain apps while still taking use of ZK proofs’ cryptographic guarantees. One of LayerZero’s Decentralized Verifier Networks (DVNs) is zkBridge,
Flare, the layer 1 blockchain for data, is thrilled to announce that the SparkDEX team has opted for deploying their sophisticated decentralized finance hub on the network, which includes an AMM and perps protocol. By doing this, SparkDEX will take use of the decentralized data access provided by Flare’s entrenched data
Flare, the layer 1 blockchain for data, has announced a collaboration with LayerZero V2, which would link it to 75 blockchains, including Ethereum, Solana, and Ethereum Layer 2 networks. Over 50,000 decentralized apps that have embraced LayerZero’s cross-chain messaging protocols may now utilize Flare, which is a significant milestone for
Flare, the blockchain for data, has introduced the Raindex desktop app, a new intents-like DEX and provides centralized exchange-level trading capabilities using the Flare Time Series Oracle (FTSO). Users may now mimic other traders’ methods in a trustless, fully-permissionless, decentralized manner on-chain by setting bid and offer prices, turning on stop
Flare, the data blockchain, and Sindric Solutions have partnered to introduce XDFi, a revolutionary decentralized futures technology developed by Wall Street professionals. With its mission to provide a non-custodial, trustless futures contract purchase environment that is operational around the clock, XDFi seeks to elevate industry standards for efficiency and compliance.
Google Cloud has joined Flare, the blockchain for data, as an infrastructure provider. Google Cloud will serve as a network validator and contribute to the Flare Time Series Oracle (FTSO) on the Flare network as announced today. By serving as a network validator, Google Cloud will help the Flare blockchain’s
In order to serve as validators and data providers for the network’s native oracles, Flare revealed the onboarding of expert infrastructure providers such as Ankr, Figment, Restake, and NorthStake. These institutional validators additionally provide decentralized data feeds for network builders to use on Flare, which makes it the first smart
A test version of FAssets has been successfully deployed on Flare’s Coston testnet by renowned blockchain research and development firm Flare Labs. Enabling DeFi and smart contracts for older tokens has reached a major milestone with this. Non-smart contract tokens like BTC, XRP, and DOGE may be utilized securely with smart
With the launch of a Reputation Score, blockchain for data firm Flare has announced a new collaboration with blockchain technology firm Bloxico to add community trust measures to the Flare network. Through the collaboration, a new platform will be created that combines objective on-chain data with subjective community-based metrics to
