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Douro Labs builds oracle tooling, products, and Web3 infrastructure to expand the Pyth Network’s decentralized data services and provide real-time market data to blockchain participants. Its products fetch and deliver price data and market feeds to blockchains, using oracle tooling and infrastructure that access and stream data to developers. The company differentiates itself by extending Pyth’s data services and making previously exclusive market data accessible to all participants, focusing on the tooling and infrastructure needed for live data feeds. Its goal is to unlock financial data for developers so they can build fairer, more transparent markets.
Industries
Data & Analytics
Financial Services
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Porto, Portugal
Founded
2023
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Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEIn the fast-moving world of cryptocurrency, fortunes can be made or lost overnight. A tweet or a regulatory shift can send prices soaring, while unexpected market shocks like trade wars can wipe out billions of dollars in minutes. This volatility is behind two key terms that define cryptocurrency market cycles: bull and bear markets.Understanding these trends isn’t just about knowing when to buy or sell—it’s about survival. The differences between a bull and bear market are simple yet complex. A bull market fuels optimism, risk-taking, and price surges, while a bear market brings fear, sell-offs, and a test of investor resilience.This article will explain what defines these market conditions, and how they impact cryptocurrency.Did you know? The terms "bull market" and "bear market" date back to the 18th century
AMINA Bank, a leading Swiss crypto bank, has today announced its strategic partnership with Pyth Network, the premier decentralised financial oracle. AMINA Bank will provide price data for digital assets to the Pyth Network to bolster its real-time price feeds, benefiting users across different strands of finance.AMINA Bank’s partnership with Pyth Network underscores its commitment to innovation and highlights its dedication to improving accessibility of digital assets to the general public. By providing this data, AMINA Bank aims to enhance the accuracy and efficiency of the price feeds offered by Pyth Network, ultimately benefiting users and applications across a variety of financial sectors. This collaboration signifies a further step forward in improving the user experience and accessibility of Web3 applications, further solidifying AMINA’s position as a pioneer in digital finance.Anes Fific, COO at AMINA Bank commented, “Our partnership with Pyth is an important milestone in AMINA’s dedication to integrate the Web3 world with traditional finance. As these worlds come closer together, AMINA is proud to be at the forefront of this transformation. By working with Pyth to provide our digital asset price data, we can give users in digital finance more robust data and information they need to make informed decisions about DeFi and crypto.”AMINA Bank’s decision to join Pyth Network represents a clear example of how a regulated entity can play a role in a decentralized oracle network
Going into November, Mike Cahill of Douro Labs revealed the Pyth Network Retrospective Airdrop, the largest cross-chain airdrop program of its kind covering over 75K wallets throughout 27 ecosystems.
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Industries
Data & Analytics
Financial Services
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Porto, Portugal
Founded
2023
Find jobs on Simplify and start your career today