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ChainAPI rolls out Airnode integration service to enable no-code web3 deployment for data providers » CryptoNinjas

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ChainAPI, a value-add service to first-party blockchain oracle solution API3’s Airnode, today announced the launch of its no-code Airnode integration service enabling API providers to seamlessly self-integrate and deploy first-party oracles within the broader blockchain space.

While existing oracle solutions traditionally involve intermediaries to support the onboarding and deployment of oracles into the blockchain ecosystem, ChainAPI powers self-deployment and eliminates the need to write code or engage a third party.

Airnode serves as an open-source gateway allowing APIs to directly connect to web3 without ongoing management or use of third parties. As such, businesses leveraging ChainAPI will have first-hand control of deployed oracles and on-chain data, resulting in full authority and ownership of their web3 business.

Additional key features of Airnode include:

  • Seamless setup and deployment in minutes, alongside a “set-and-forget” system.
  • No maintenance is required.
  • Free to deploy and pay as you go; cryptocurrency free.
  • Only fully GDPR compliant on-chain blockchain API gateway.

Initially launched on the Ethereum blockchain for testing, ChainAPI is compatible with the widely-used Amazon Web Services (AWS) and Google Cloud Platform (GCP) to support the majority of traditional businesses looking to enter web3.

“The launch of ChainAPI is an incredible step forward in combining traditional and web3-native business ecosystems. Now, organizations that weren’t born on the decentralized web but want to serve projects built on various blockchains can achieve their goal without any previous blockchain experience. All a data provider needs to do is utilize the no-code solution, connect their API oracle, and deploy – it has never been easier.”
– Heikki Vänttinen, Co-Founder of API3

Ultimately, ChainAPI will aim to offer a number of advanced features related to monetization, management, and access control.



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Roger Ver denies CoinFLEX CEO’s claims he owes firm $47M USDC

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Roger Ver, an early Bitcoin investor and Bitcoin Cash proponent, has pushed against claims from crypto investment platform CoinFLEX regarding an alleged $47-million debt.

In a Tuesday tweet, Ver — not mentioning CoinFLEX by name — said he had not “defaulted on a debt to a counter-party,” and alleged the crypto firm owed him “a substantial sum of money.” The denial followed rumors on social media that the BCH proponent was involved in the platform halting withdrawals due to “a high-networth client who has holdings in many large crypto firms” not covering their debts.

CoinFLEX CEO Mark Lamb took to Twitter shortly after the statement to claim the company had a written contract with Ver “obligating him to personally guarantee any negative equity on his CoinFLEX account and top up margin regularly.” According to Lamb, CoinFLEX served Ver with a notice of default and was “speaking to him on calls frequently about this situation with the aim of resolving,” claiming the firm did not owe him anything.

“It is unfortunate that Roger Ver needs to resort to such tactics in order to deflect from his liabilities and responsibilities,” said the CoinFLEX CEO.

Related: Su Zhu’s cryptic statement as rumors swirl of 3AC liquidations and insolvency

Cointelegraph reported on Tuesday that a CoinFLEX account — held by a “high-integrity person of significant means” — incurred $47 million in losses after being allowed to reach negative equity without being liquidated. The platform planned to fix its liquidity shortage by issuing a new token, Recovery Value USD (rvUSD), starting June 28, with user withdrawals expected to resume on June 30.

The price of CoinFLEX’s native token (FLEX) has fallen more than 84% in the last 30 days, dropping from $1.19 to $0.80 following Lamb’s and Ver’s statements on Twitter.

Cointelegraph reached out to Roger Ver and Mark Lamb, but did not receive a response at the time of publication. This story may be updated.