Blockchain
Digital banking giant Revolut joins Pyth Network
Published
2 months agoon
By
admin

Revolut, the U.K.-based digital banking giant, is the latest company to join the Pyth Network as a data publisher.
The partnership between the Financial Conduct Authority regulated neobank and Pyth Network (PYTH) means Revolut will now contribute its price data to the blockchain-based oracle network, benefiting the growing decentralized finance ecosystem.
Revolut’s integration with Pyth comes as the gap between traditional finance and DeFi continues to narrow.
This trend has gained traction amid the increasing adoption of blockchain technology across financial technology and related ecosystems. The Pyth Network’s oracle solution plays a key role in this evolution as the platform seeks to expand alongside industry giant Chainlink (LINK). Both oracle networks aim to provide web3 users and institutions with enhanced transparency and reliability.
Mike Cahill, chief executive officer of Duoro Labs and a contributor to the Pyth Network, highlighted the growing recognition of digital assets and DeFi within traditional finance.
“Pyth’s collaboration with Revolut is part of a larger trend we’re seeing, where traditional banking institutions, trusted by millions of customers globally, are recognizing the value of decentralized finance and digital assets. Together, we are driving the future of finance, where transparent and reliable data empowers the next generation of financial applications,” he noted.
As a data publisher on Pyth Network, Revolut will contribute to Pyth’s price feeds, enhancing the security and reliability of decentralized applications. In turn, Pyth will leverage Revolut’s market expertise to provide accurate and dependable price feeds to dApps. For Revolut, the partnership marks a significant step in expanding its presence in the web3 space.
Launched in 2015, Revolut has grown to over 45 million users and offers its services in 200 countries. Meanwhile, the Pyth Network continues to expand, with more than 120 data providers, over 590 price feeds, and integration across 450 dApps.
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Altcoins
Layer-1 Project MultiversX Continues To Top the Crypto Gaming Sector in Terms of Development Activity: Santiment
Published
1 day agoon
March 16, 2025By
admin
The layer-1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in the realm of development activity, according to the crypto analytics firm Santiment.
Santiment notes on the social media platform X that MultiversX, formerly known as Elrond, registered 212.17 notable GitHub events in the past 30 days.
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) ranks second, clocking 168.93 events, and the Ethereum layer-2 protocol Skale Network (SKL) is a distant third with 41.07.
MultiversX and Decentraland have occupied the number one and two spots in previous months as well, according to Santiment.
Santiment notes that it doesn’t count routine updates and uses a “better methodology” to collect data for GitHub events based on a “backtested process.”
The analytics firm has previously said that heavy development activity centered around a crypto project is a positive indication that could mean that the developers believe the protocol will be successful. It also indicates that the project is less likely to be an exit scam.
MultiversX is a distributed, proof-of-stake blockchain network that is decentralized via more than 3,500 nodes. The project aims to help developers build next-gen applications.
The project’s native token, EGLD, is trading at $18.10 at time of writing. The 139th-ranked crypto asset by market cap is up more than 3% in the past 24 hours.
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Blockchain
Crypto Fintech Giant MoonPay Continues Acquisition Spree With Purchase of Stablecoin Infrastructure Platform
Published
2 days agoon
March 14, 2025By
admin
The web3 infrastructure provider MoonPay just announced its acquisition of the stablecoin infrastructure developer Iron just months after purchasing crypto payments platform Helio.
In a statement, MoonPay says its new acquisition significantly expands its offerings with solutions that allow businesses to manage multi-currency treasuries, facilitate instant cross-border payments and generate new revenue through yield-bearing assets.
Says MoonPay’s co-founder and CEO, Ivan Soto-Wright,
“This acquisition is a strategic step forward, positioning MoonPay at the forefront of enterprise-grade stablecoin solutions. With Iron’s technology, we’re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants.”
Iron co-founder and CTO Omid Aladini says that joining forces with MoonPay is also beneficial to the platform.
“Since we rolled out the Iron stablecoin API the interest has been absolutely phenomenal! But once part of MoonPay, we’ll be able to scale exponentially faster.
We’ve built a developer-first API experience to power apps, exchanges, institutions, DEXs, and PSPs around the world to move stablecoins across crypto ecosystems and fiat rails. It’s the foundational infrastructure for the future of money.”
MoonPay also acquired Helio in January. The Solana (SOL) crypto payment processor enables merchants and creators to accept cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and SOL.
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Blockchain
Brazil’s Postal Service Seeks Blockchain, AI Solutions for Operations
Published
1 week agoon
March 9, 2025By
admin

Brazil’s state-owned postal service, Empresa Brasileira de Correios e Telégrafos, has launched a pre-selection process for companies and specialists in blockchain and artificial intelligence (AI) to develop solutions for its logistics and operational management.
The tender, published in the country’s official journal Diário Oficial da União on Friday, seeks proposals that support the digital transformation of the agency’s services. The initiative, called Licitação Seleção Prévia e Diálogo nº 25000001/2025 CS, is focused on finding advanced technological solutions to modernize business processes, operations, and internal supply management.
“We want to promote a collaborative and dynamic process to find artificial intelligence and blockchain solutions for our business, operations, and hiring challenges,” the company announced.
The organization did not specify the exact use cases it is targeting, but blockchain technology has been widely adopted for supply chain tracking, document authentication, and transaction security. The use of artificial intelligence is likely linked to logistics optimization and enhanced data analysis.
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