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83 days agonulltx
API3 Surges Over 135% In Three Months: A Paradigm Shift In Decentralized APIs
In the past three months, API3 has witnessed a remarkable surge in value, climbing by more than 135%. This substantial increase reflects the growing recognition within the market of API3’s potential to revolutionize decentralized APIs by providing a more efficient and decentralized data source for smart contracts. Launched in December […]
258 days agocryptodaily
API3 Launches Managed Data Feed Services on Polygon zkEVM
Blockchain oracle provider API3 has announced that it is launching a new data feed service suite for Polygon zkEVM, designed from a new push oracle solution that's centered around first-party architecture. According to a press release shared to CryptoDaily by API3, the new solution allows DeFi protocols that currently use push oracles on other EVM (Ethereum Virtual Machine) chains to seamlessly migrate to Polygon zkEVM, hence functioning as both an onboarding and integration solution. Polygon zkEVM, which has built its reputation around the utilization of zero-knowledge proofs and EVM equivalence, has taken a strategic step by incorporating managed decentralized data feeds (dAPIs) from the API3 Market. The rise of such a managed data feed service highlights the sustained DeFi appetite, a sector where the Total Value Locked (TVL) reportedly spans tens of billions. The API3 Model API3's model contrasts with traditional third-party oracle mechanisms, focusing instead on a first-party architecture. The novel approach of sourcing data directly and (in a manner that is) cryptographicallyy-backed pushes the boundaries of data transparency in the space. API3's push oracle solution potentially offers remedies to such issues, advocating for a comprehensive, transparent, and possibly more efficient data sourcing model. The key differentiation (it appears) is with how API3 emphasizes first-party oracles, ensuring data is sourced directly, with increased traceability and data integrity. With DeFi's dynamic evolution, the integration and management of oracle services via a DAO become increasingly relevant. Platforms like QuickSwap Perps, Dovish, and MantisSwap have pivoted to embrace dAPIs, signifying a recognition of the potential security and operational advantages these decentralized data feeds might bring. Tropykus, which has roots in AAVE V2, rapidly embraced dAPIs for its framework and subsequently debuted on Polygon zkEVM. Such an integration showcases the flexibility and potential benefits of dAPIs for emerging platforms. Jack Melnick, Head of DeFi BD at Polygon Labs, provided insights on this alliance: "It's very exciting to see API3 deploying on Polygon zkEVM, enhancing the DeFi ecosystem with an innovative push oracle solution. The integration of managed dAPIs with Polygon's scalable infrastructure marks a significant step towards a more transparent and secure future for decentralized finance." API3's Market space also helps provide an avenue for developers to interact with dAPIs, a potential game-changer in how dApps leverage real-time market data. This collaboration might signal an industry shift, emphasizing more secure, transparent, and efficient data management methods. Some Comparisons In comparison to alternatives like Chainlink and Pyth, which have been noted for their relatively high fees and questions around transparency, API3’s dAPI stands out. It offers builders an opportunity to tap into decentralized data feeds from multiple sources, all facilitated by first-party oracle nodes integrated with native-chain aggregation. This not only positions API3 distinctly in the market but also sets a potential new standard for oracle transparency and efficiency. This new Managed dAPI service addresses several operational challenges developers face, such as the complexities of gas management, rourtine maintenance, and continuous monitoring. The service is not just a conceptual offering; it's already in operation. Developers on the Polygon zkEVM platform, who previously relied on self-funded data feeds, can now seamlessly integrate aggregated data streams directly from other eminent data providers. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
258 days agocryptodaily
API3 Launches Managed Data Feed Services on Polygon zkEVM
Blockchain oracle provider API3 has announced that it is launching a new data feed service suite for Polygon zkEVM, designed from a new push oracle solution that's centered around first-party architecture. According to a press release shared to CryptoDaily by API3, the new solution allows DeFi protocols that currently use push oracles on other EVM (Ethereum Virtual Machine) chains to seamlessly migrate to Polygon zkEVM, hence functioning as both an onboarding and integration solution. Polygon zkEVM, which has built its reputation around the utilization of zero-knowledge proofs and EVM equivalence, has taken a strategic step by incorporating managed decentralized data feeds (dAPIs) from the API3 Market. The rise of such a managed data feed service highlights the sustained DeFi appetite, a sector where the Total Value Locked (TVL) reportedly spans tens of billions. The API3 Model API3's model contrasts with traditional third-party oracle mechanisms, focusing instead on a first-party architecture. The novel approach of sourcing data directly and (in a manner that is) cryptographicallyy-backed pushes the boundaries of data transparency in the space. API3's push oracle solution potentially offers remedies to such issues, advocating for a comprehensive, transparent, and possibly more efficient data sourcing model. The key differentiation (it appears) is with how API3 emphasizes first-party oracles, ensuring data is sourced directly, with increased traceability and data integrity. With DeFi's dynamic evolution, the integration and management of oracle services via a DAO become increasingly relevant. Platforms like QuickSwap Perps, Dovish, and MantisSwap have pivoted to embrace dAPIs, signifying a recognition of the potential security and operational advantages these decentralized data feeds might bring. Tropykus, which has roots in AAVE V2, rapidly embraced dAPIs for its framework and subsequently debuted on Polygon zkEVM. Such an integration showcases the flexibility and potential benefits of dAPIs for emerging platforms. Jack Melnick, Head of DeFi BD at Polygon Labs, provided insights on this alliance: "It's very exciting to see API3 deploying on Polygon zkEVM, enhancing the DeFi ecosystem with an innovative push oracle solution. The integration of managed dAPIs with Polygon's scalable infrastructure marks a significant step towards a more transparent and secure future for decentralized finance." API3's Market space also helps provide an avenue for developers to interact with dAPIs, a potential game-changer in how dApps leverage real-time market data. This collaboration might signal an industry shift, emphasizing more secure, transparent, and efficient data management methods. Some Comparisons In comparison to alternatives like Chainlink and Pyth, which have been noted for their relatively high fees and questions around transparency, API3’s dAPI stands out. It offers builders an opportunity to tap into decentralized data feeds from multiple sources, all facilitated by first-party oracle nodes integrated with native-chain aggregation. This not only positions API3 distinctly in the market but also sets a potential new standard for oracle transparency and efficiency. This new Managed dAPI service addresses several operational challenges developers face, such as the complexities of gas management, rourtine maintenance, and continuous monitoring. The service is not just a conceptual offering; it's already in operation. Developers on the Polygon zkEVM platform, who previously relied on self-funded data feeds, can now seamlessly integrate aggregated data streams directly from other eminent data providers. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
272 days agocryptodaily
Circle’s Web3 Programmable Wallets Now Available for Developers
Prominent stablecoin issuer Circle announces the launch of its Web3 Programmable Wallets public beta version for developers on three blockchains. The First Product of Circle’s Web3 Services Line On Tuesday, August 8, 2023, global fintech company Circle, known for its USDC stablecoin, announced the launch of Programmable Wallets, the first product of the platform’s Web3 Services product line. The public beta version of Programmable Wallets is now available for businesses, developers, and builders. The product currently supports Ethereum, Polygon, and Avalanche networks, with other chains coming soon. Programmable Wallets allows developers to seamlessly integrate secure crypto wallets into any application, thus expediting the adoption of Web3 and blockchain technologies. “​​Programmable Wallets bridge the gap between today’s internet and blockchain networks by abstracting complexities such as private key security, blockchain node operations, transaction management, interoperability across blockchains, and many others to enable developers to iterate on applications faster,” reads the statement on the Circle’s website. One of Programmable Wallets’ key features is that it gives developers the freedom to customize the crypto wallet experience to best fit their use case. This helps greatly increase customer satisfaction because different types of apps (DeFi, games, e-commerce, etc.) will use their crypto wallet in different ways. Programmable Wallets offers a self-service, end-to-end solution, enabling developers to register, build, and implement their first wallets and transactions within minutes. The developer console provides all the necessary tools for debugging, launching, and scaling Web3 applications. According to the company’s press release, these are the core features of Programmable Wallets: User-controlled wallets: gives end-users full control of their assets; Developer-controlled wallets: allows developers manage assets on behalf of users; REST APIs manage both user-controlled and developer-controlled wallets; iOS and Android SDKs speed up development processes and facilitate wallet UI customization; Webhooks keep users updated on their incoming or outgoing transactions; Wallet operations dashboard enables developers to monitor transactions; Multiparty computation (MPC) is a built-in cryptographic security configuration; Blockchains Agnostic allows to build a wallet once and use it across different blockchains; Pay-as-you-grow provides a rebate on USDC usage, starting at $0.05/Monthly Active Wallet. Other features such as Gas Abstraction and Smart Contract Wallets should be rolled out shortly. Circle Expands the Range of Its Web3 Solutions Earlier this year, Circle launched a Cross-Chain Transfer Protocol (CCTP) to allow permissionless transfers of USDC natively across supported blockchains. A couple of months later, the platform announced the operationalization of its CCTP on Arbitrum, a Layer 2 scaling solution for the Ethereum network, with the aim to make the USDC transfers faster and more secure. “With USDC, CCTP, Programmable Wallets, and our broader Web3 Services offering, our goal is to make it easy for developers to rapidly build, deploy, and scale blockchain-powered apps for a variety of use cases, regardless of the blockchain network they choose to build on,” the Senior Director of Product Management at Circle, Gagan Mac, wrote in the statement. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
272 days agocryptodaily
Circle’s Web3 Programmable Wallets Now Available for Developers
Prominent stablecoin issuer Circle announces the launch of its Web3 Programmable Wallets public beta version for developers on three blockchains. The First Product of Circle’s Web3 Services Line On Tuesday, August 8, 2023, global fintech company Circle, known for its USDC stablecoin, announced the launch of Programmable Wallets, the first product of the platform’s Web3 Services product line. The public beta version of Programmable Wallets is now available for businesses, developers, and builders. The product currently supports Ethereum, Polygon, and Avalanche networks, with other chains coming soon. Programmable Wallets allows developers to seamlessly integrate secure crypto wallets into any application, thus expediting the adoption of Web3 and blockchain technologies. “​​Programmable Wallets bridge the gap between today’s internet and blockchain networks by abstracting complexities such as private key security, blockchain node operations, transaction management, interoperability across blockchains, and many others to enable developers to iterate on applications faster,” reads the statement on the Circle’s website. One of Programmable Wallets’ key features is that it gives developers the freedom to customize the crypto wallet experience to best fit their use case. This helps greatly increase customer satisfaction because different types of apps (DeFi, games, e-commerce, etc.) will use their crypto wallet in different ways. Programmable Wallets offers a self-service, end-to-end solution, enabling developers to register, build, and implement their first wallets and transactions within minutes. The developer console provides all the necessary tools for debugging, launching, and scaling Web3 applications. According to the company’s press release, these are the core features of Programmable Wallets: User-controlled wallets: gives end-users full control of their assets; Developer-controlled wallets: allows developers manage assets on behalf of users; REST APIs manage both user-controlled and developer-controlled wallets; iOS and Android SDKs speed up development processes and facilitate wallet UI customization; Webhooks keep users updated on their incoming or outgoing transactions; Wallet operations dashboard enables developers to monitor transactions; Multiparty computation (MPC) is a built-in cryptographic security configuration; Blockchains Agnostic allows to build a wallet once and use it across different blockchains; Pay-as-you-grow provides a rebate on USDC usage, starting at $0.05/Monthly Active Wallet. Other features such as Gas Abstraction and Smart Contract Wallets should be rolled out shortly. Circle Expands the Range of Its Web3 Solutions Earlier this year, Circle launched a Cross-Chain Transfer Protocol (CCTP) to allow permissionless transfers of USDC natively across supported blockchains. A couple of months later, the platform announced the operationalization of its CCTP on Arbitrum, a Layer 2 scaling solution for the Ethereum network, with the aim to make the USDC transfers faster and more secure. “With USDC, CCTP, Programmable Wallets, and our broader Web3 Services offering, our goal is to make it easy for developers to rapidly build, deploy, and scale blockchain-powered apps for a variety of use cases, regardless of the blockchain network they choose to build on,” the Senior Director of Product Management at Circle, Gagan Mac, wrote in the statement. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
274 days agocryptodaily
Arbitrage of cryptocurrencies using bots. How profitable is it in 2023? Top 5 best cryptocurrency arbitrage services today.
Nowadays, no one manually searches for crypto spreads anymore; everyone uses bots for cryptocurrency arbitrage. There are two types of arbitrage bots: automatic and manual. What are the differences? Automatic arbitrage bots are bots where you set limits on spreads, coins, and exchanges. The bots themselves place orders or buy cryptocurrencies. All automatic bots work through APIs. Due to this, the risk of using automatic bots is significantly higher since you are essentially granting access to your funds to a third-party application. Manual arbitrage bots are bots that provide information on spreads through separate applications, messengers, or even SMS. You still choose the limits, coins, and exchanges. Today, we will review arbitrage bots and rank them based on the following criteria: 1. Security 2. User reviews 3. Functionality 4. Prices 5. Additional features We will evaluate each criterion on a 5-point scale and calculate the arithmetic mean to determine the best cryptocurrency arbitrage bot. ArbitrageScanner Let's start with the first-place bot - ArbitrageScanner with a rating of 4.8. This service supports 60 CEX exchanges, 40 DEX exchanges, and more than 30 blockchains! The service even supports local exchanges in Turkey, Korea, and Latin America. Let's break down why it is ranked number one for cryptocurrency arbitrage scanning. 1. Security: 5/5 ArbitrageScanner is a manual cryptocurrency arbitrage bot. It sends you notifications about exchange rate differences on Telegram. This bot works without requesting API access, meaning all possible risks associated with your funds are eliminated. All exchanges connected to ArbitrageScanner have been verified and are safe to use. 2. ArbitrageScanner.io reviews: 5/5 We couldn't find any significant negative reviews online. There were a couple of users who were dissatisfied that the service wasn't working, but we verified that the project's official channels mentioned technical work, updates, and expanded functionality. Users' reviews in personal blogs are positive, and reviews from news resources are also positive. 3. Functionality: 5/5 The scanner works with a vast number of CEX, DEX, and blockchains. It is the most accurate scanner based on our measurements, always showing you the current cryptocurrency prices on exchanges. This alone gives it a high rating, but the service's development team has also created a screener for cryptocurrency arbitrage, which we'll discuss further in the Additional Features section.
274 days agocryptodaily
Arbitrage of cryptocurrencies using bots. How profitable is it in 2023? Top 5 best cryptocurrency arbitrage services today.
Nowadays, no one manually searches for crypto spreads anymore; everyone uses bots for cryptocurrency arbitrage. There are two types of arbitrage bots: automatic and manual. What are the differences? Automatic arbitrage bots are bots where you set limits on spreads, coins, and exchanges. The bots themselves place orders or buy cryptocurrencies. All automatic bots work through APIs. Due to this, the risk of using automatic bots is significantly higher since you are essentially granting access to your funds to a third-party application. Manual arbitrage bots are bots that provide information on spreads through separate applications, messengers, or even SMS. You still choose the limits, coins, and exchanges. Today, we will review arbitrage bots and rank them based on the following criteria: 1. Security 2. User reviews 3. Functionality 4. Prices 5. Additional features We will evaluate each criterion on a 5-point scale and calculate the arithmetic mean to determine the best cryptocurrency arbitrage bot. ArbitrageScanner Let's start with the first-place bot - ArbitrageScanner with a rating of 4.8. This service supports 60 CEX exchanges, 40 DEX exchanges, and more than 30 blockchains! The service even supports local exchanges in Turkey, Korea, and Latin America. Let's break down why it is ranked number one for cryptocurrency arbitrage scanning. 1. Security: 5/5 ArbitrageScanner is a manual cryptocurrency arbitrage bot. It sends you notifications about exchange rate differences on Telegram. This bot works without requesting API access, meaning all possible risks associated with your funds are eliminated. All exchanges connected to ArbitrageScanner have been verified and are safe to use. 2. User reviews: 5/5 We couldn't find any significant negative reviews online. There were a couple of users who were dissatisfied that the service wasn't working, but we verified that the project's official channels mentioned technical work, updates, and expanded functionality. Users' reviews in personal blogs are positive, and reviews from news resources are also positive. 3. Functionality: 5/5 The scanner works with a vast number of CEX, DEX, and blockchains. It is the most accurate scanner based on our measurements, always showing you the current cryptocurrency prices on exchanges. This alone gives it a high rating, but the service's development team has also created a screener for cryptocurrency arbitrage, which we'll discuss further in the Additional Features section. 4. Prices: 4/5 The minimum tariff costs $70, but we recommend paying attention to the Expert tariff at $399. It is ideal for both beginner and expert arbitrage traders. Opting for a more expensive tariff provides increased limits, allowing you to set up 30 different coins simultaneously, 15 different Telegram channels, and more. What caught our attention the most is that this tariff includes free access to the second service we mentioned earlier - the Arbitrage Screener. Additionally, you gain access to an arbitrage trader community, where experienced specialists share successful strategies, insights, and current spreads that can be profitable. The price of $399 doesn't seem too high, especially when you are offered numerous earning opportunities. There is also a free trial available. 5. Additional features: 5/5 Under additional features, we consider what the service offers besides its main product. ArbitrageScanner provides numerous additional functions. - Closed chat for arbitrage traders, where both the scanner team and the community share cases and hot opportunities. - Educational materials, providing training on how to use the scanner, real cases, how to find arbitrage opportunities, and how to set up the service. - Screener: This is the second product available to users with Pro and higher subscriptions. It displays all possible spreads that you set up across different exchanges and coins. This tool complements the scanner perfectly. You configure the screener to find the exchanges and coins with the largest spreads at that moment. Then, you switch to the scanner, set the settings for those exchanges and coins, and it shows you the most current spreads. Perfect for those who want to earn profits! - The website offers a free profitability calculator for arbitrage. Even if you don't have a subscription yet, you can calculate how much you can earn on arbitrage with a specific cryptocurrency. - Some users have been given access to beta testing of another product called Telegram Scanner. This tool allows you to search for all mentions of your chosen cryptocurrency or topic in all Telegram chats. It sends all mentions of your keyword to a separate chat, and with a single click, you can respond to the original messages. 3Commas In second place, we have 3Commas with a rating of 4.2. This is one of the most popular automatic bots at the moment, suitable for cryptocurrency arbitrage. However, it has its small downsides: 1. Security: 4/5 While this bot has not been associated with fund theft or hacking, we cannot give it the highest rating. It uses APIs for operation, like all automatic bots, which poses a security threat to your finances. 2. User reviews: 4/5 User reviews are generally good, but there are negative reviews regarding the service's performance. Some users complain about the delayed support response, but we do not consider these to be critical drawbacks of the project. 3. Functionality: 4/5 The service offers automatic arbitrage, but only on a single exchange. Due to the large number of users, it is very difficult to automatically earn profits using this service as there is significant competition among arbitrage traders using the same bot. There is inter-exchange arbitrage available on 16 CEX exchanges, but compared to the number supported by the first-place service in our ranking, this seems very limited. Moreover, 3Commas does not support DEX exchanges, which are now considered the new frontier for arbitrage opportunities. 4. Prices: 5/5 The service offers a 7-day free trial, which is much longer than its competitors. The tariff prices range from $29 to $99, which is quite competitive for the services provided. 5. Additional features: 4/5 This is the most interesting aspect, considering what additional features each product offers. 3Commas provides: - 5 bots for manual trading and 9 for automatic trading, but most of them are available in the highest subscription. - A demo account where you can try out your strategies. - An internal portfolio rebalancer. Bitsgap In the third place in our ranking is Bitsgap with a rating of 3.6. This is an automatic bot that supports 15 CEX exchanges. 1. Security: 4/5 As we mentioned before, automatic bots are not safe to use. Here, we encounter the first confirmation of this statement. Some users reported that funds went missing from their accounts. It could be malicious competition, but we cannot overlook these statements. 2. User reviews: 3/5 User reviews are mixed, with complaints about poor support, delayed bot performance, and some exchanges periodically not functioning. As mentioned before, there are also claims about missing funds. On the other hand, some users did not experience such issues. While we cannot recommend using this bot, we also cannot claim that it is developed by dishonest developers. 3. Functionality: 4/5 The functionality does not stand out among automatic arbitrage bots. It supports 15 CEX exchanges and lacks DEX exchanges. Otherwise, it duplicates or even lacks certain features compared to 3Commas. 4. Prices: 5/5 The minimum tariff is $23, and the maximum is $119. The difference between tariffs is minimal, and in the market, this is a relatively high price for the services provided. 5. Additional features: 2/5 The service offers an arbitrage profitability blog and knowledge base, and unfortunately, that's all the additional functionality it provides. Coinrule In fourth place on the list of arbitrage bots is Coinrule with a rating of 3.4. This is an automatic bot for arbitrage that supports 10 CEX exchanges. 1. Security: 2/5 Once again, this is an automatic bot that uses API. There are also articles about users of this bot losing their funds, but we cannot vouch for the accuracy of this information. It could also be the work of competitors, but we cannot ignore these claims. 2. User reviews: 3/5 User reviews are mixed. Many find it challenging to work with, even for experienced arbitrage traders. There are also negative reviews about missing funds, as mentioned earlier. 3. Functionality: 4/5 The bot supports only 10 CEX exchanges, and configuring it requires significant effort. Its functionality does not stand out compared to other automatic bots we reviewed today. 4. Prices: 5/5 The price for this product is $30 - $450 per month, which is above average considering the intuitiveness of the service's management and prices for similar features among competitors. 5. Additional features: 3/5 - Marketplace of arbitrage strategies HaasOnline In the fifth place in our ranking is HaasOnline with a rating of 2.8. It is also an automatic bot that shows spreads between four 24 exchanges. 1. Security: 3/5 Since it is an automatic trading service, security is at an average level. This service has not been involved in hacking or fund theft from its users. Like any other automatic bot, it also requires API access. 2. User reviews: 4/5 User reviews are mixed. Many share their success stories of earning with this service, but there are also users who claim to have lost their funds. Some even reported that they couldn't make their subscription profitable using this bot. 3. Functionality: 2/5 This bot supports only four of the most popular exchanges, resulting in high competition among arbitrage traders and users of the service. This makes finding good spreads more challenging. 4. Prices: 2/5 The price for this product is $9 – $149 for a month, a reasonably acceptable price for what this bot provides. 5. Additional features: 3/5 This service offers additional features available to users: - A demo account where you can try out your strategies. Cloud server (it's not safe) We have highlighted some arbitrage bots that we believe are the most comprehensive and reflect the cryptocurrency arbitrage market. We recommend trying out ArbitrageScanner, even if you have used other bots that are not in our top list. We believe it is truly a market leader that other services will adapt to. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
281 day agocryptodaily
QuickNode Now Available in AWS Marketplace
Miami, Florida, August 1st, 2023, ChainwireDevelopers and businesses worldwide can now easily access QuickNode's cutting-edge blockchain infrastructure on AWS.QuickNode, a pioneering platform for Web3 development, today announced the availability of Core Node API, its cutting-edge blockchain accessibility infrastructure, in AWS Marketplace. AWS Marketplace is a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). QuickNode customers can now benefit from AWS, simplifying blockchain deployment and management processes."AWS is a go-to platform for businesses of all sizes that are looking to build and deploy innovative applications," said Alexander Nabutovsky, Co-founder and CEO of QuickNode. "We are excited to bring QuickNode to AWS Marketplace, making it even easier for developers and businesses to access the next-gen blockchain infrastructure they need to build the future of the internet."Availability of QuickNode in AWS Marketplace significantly streamlines the process for businesses to begin blockchain development. Businesses can seamlessly deploy a QuickNode endpoint on AWS through a simple, user-friendly process and start accessing blockchain data almost instantaneously. QuickNode's primary mission is to aid enterprises and Web3 developer teams with trustworthy, efficient solutions for blockchain data access that are further fortified by the security offered by AWS. As a result, businesses now have the opportunity to:Easily deploy enterprise RPC nodes tailored to their business goals.Optimize blockchain data querying for high levels of speed and reliability with certified SOC 2 security.Effortlessly track the performance of their nodes anytime, anywhere, with access to usage data and advanced telemetry.Access a comprehensive Web3 developer toolkit with supercharged APIs, a one-click Web3 app store, world-class developer resources, and around-the-clock support.QuickNode's fully managed node hosting solution is engineered to lighten the load of blockchain infrastructure operational expenses (OpEx), allowing businesses to focus on innovation and scaling. By launching QuickNode in AWS Marketplace, a new gateway has been opened for developers and enterprises ready to harness the innovation made possible by blockchain technology. This platform sets the stage for a future where decentralized technology is seamlessly integrated into every web system stratum, propelling the growth and adoption of the internet's next iteration.About QuickNodeSince its founding in 2017, QuickNode has emerged as a go-to solution for businesses and innovators requiring world-class blockchain development tools for speed, reliability, and security. Handling over eight billion blockchain requests daily, QuickNode boasts a 2.5X faster response time than competitors and unparalleled uptime across 24+ chains and 35+ networks. With a user-friendly interface and a robust multi-chain developer tool suite, QuickNode is an ideal choice for top Web3 businesses and global brands.ContactVP of EcosystemJason [email protected]
282 days agocryptodaily
Australia's Crypto Maverick: The Enigmatic Journey of Russell Wilson
Ozzy entrepreneur takes his crypto exchange to incredible heights despite huge scam. Impressive figures In the often crazy world of cryptocurrency, few stories are as intriguing as that of Russell Ty Wilson, the Australian crypto magnate who, from a modest office adjacent to a pilates studio and massage therapist, amassed a fortune. Over the past two years, Wilson, 42, has garnered a staggering $538 million from dividends through his CoinSpot Bitcoin exchange, as revealed by company documents. According to the British-based Mail Online, CoinSpot's financial performance has been nothing short of impressive. In 2022, the company reported profits of $292 million from a revenue of $503 million. This came on the heels of an even more prosperous year in 2021, where profits touched $334 million. Such robust returns enabled the company to distribute dividends totaling $699 million over these two years. However, things weren’t always plain sailing. In 2018, CoinSpot suffered from an exploit that resulted in a loss of $37 million. Yet, the company's resilience shone through, and it continued to thrive. Unassuming and understated Wilson's business acumen is evident in his majority ownership of CoinSpot. Holding 77% of the company through Casey Block Services, he's likely to secure a coveted spot on Australia's Rich List. But what's truly fascinating is the juxtaposition of CoinSpot's immense success and its unassuming headquarters in Windsor, Melbourne, nestled between a pilates studio and a massage therapist. Away from the glitz of Melbourne's central business district, Wilson's personal life is equally understated. Residing in a four-bedroom house in Berwick, which he purchased in 2014 for $586,500, Wilson seems to prefer a life away from the limelight. This preference for privacy extends to his business dealings as well. When CoinSpot inked a sponsorship deal with the AFL club Western Bulldogs, it was an executive, not Wilson, who made the announcement. Wilson tracks down the thieves CoinSpot's success story isn't just about numbers. It's also about resilience and innovation. In 2018, the company was targeted by a scam orchestrated by James Parker, who exploited a system glitch to syphon off $37 million. Undeterred, Wilson personally tracked down the culprits when local authorities were hesitant to intervene. This episode, while a setback, showcased Wilson's determination and commitment to his venture. Today, CoinSpot stands tall as one of Australia's leading crypto platforms, boasting over 2.5 million customers and trading in 400 different cryptocurrencies. The fact that the exchange has continued to grow, especially during the pandemic-induced lockdowns, would point to its team getting things right in the face of a harsh bear market and more difficult times from a regulatory perspective. However, owner Wilson remains an enigma. The former IT consultant, despite his immense wealth and the success of CoinSpot, shies away from public appearances. The only known photograph of him is from a company blog post from 2016. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
284 days agocryptodaily
BlackFort Exchange Network is Changing the Layer 1 Narrative with a Nodular Blockchain that is EVM compatible
Dubai, United Arab Emirates, July 28th, 2023, ChainwireBlackFort Exchange Network (BXN), a trailblazer in blockchain technology, is making waves in the industry with the introduction of its nodular blockchain. This cutting-edge innovation offers unprecedented speed, scalability, and compatibility with the Ethereum Virtual Machine (EVM), reshaping the landscape of decentralized finance and smart contract execution.BXN's nodular blockchain architecture represents a significant advancement in blockchain technology. By implementing a secure Proof of Staked Authority consensus mechanism, BXN ensures transparent and efficient transaction validation, ensuring that all transactions are processed swiftly without compromising security. This revolutionary approach allows BXN to achieve lightning-fast confirmations while maintaining the highest level of decentralization.BXN's nodular blockchain is the product of extensive research and development, designed to address the growing demand for scalable blockchain solutions. With its ability to process a large volume of transactions per second (TPS), BXN empowers businesses and users to unlock the full potential of blockchain technology. By offering unparalleled speed and scalability, BXN brings blockchain adoption to new heights, enabling a wide range of applications and use cases that were previously constrained by limited transaction capacity.The compatibility of BXN's nodular blockchain with the Ethereum Virtual Machine (EVM) allows developers to effortlessly transition their existing smart contracts and decentralized applications (dApps) onto the BXN ecosystem. This interoperability unlocks a wealth of possibilities, combining the robustness of the Ethereum network with the enhanced speed and scalability of BXN. The advantages of BXN's EVM compatibility lie in its ability to leverage the existing Ethereum tooling and infrastructure, reducing development time and costs for developers while providing users with a familiar and seamless experience.BXN is proud to share its achievements, embodying its commitment to driving innovation and market adoption. The sale of over 75,000 nodes signifies the growing recognition of BXN's unparalleled performance and reliability. With more than 24,000 active wallet addresses and a consistent increase in daily transactions exceeding 4,500, BXN's community is expanding rapidly. BXN's dedication to providing a user-centric experience is exemplified by the successful launch of the non-custodial client-side crypto wallet, BlackFort Wallet 1.0, offering enhanced security and control for users' digital assets.With it’s unique approach, Blackfort Network takes the Layer 1 narrative to the lext level, "Together with our community of visionaries, we aim to build bridges that connect the world and drive us toward a brighter future." according to Stefan Huber, Founder and CEO of Blackfort Network. "Blackfort Network's ethos centers on creating a unified global network that transcends geographical limitations and enriches lives."The success of BXN's nodular blockchain paves the way for exciting developments on the horizon. The imminent release of BlackFort Wallet 2.0, with its cross-chain compatibility and support for multiple assets, represents a significant leap forward. BXN's vision of a 360° crypto-fiat economy is becoming a reality, enabling seamless asset management and transactions across different blockchains.BlackFort Exchange Network continues to push the boundaries of blockchain technology, driving innovation and transforming the future of decentralized finance. For more information about BlackFort Exchange Network and its groundbreaking advancements, visit their socials below.First Steps (https://storage.googleapis.com/skydelis-static/production/pdf/first_steps_bxn_en.pdf)About BlackFort:BlackFort is an innovative blockchain platform that has all the attributes needed for a top–tier blockchain. It is a Layer 1 blockchain that is EVM compatible, fast, scalable, secure, and efficient, with POSA and easy access to become a delegator. Transparency is a key priority for BlackFort, ensuring that all parties in a transaction have the information they need to feel secure. This combination of features makes BlackFort an ideal platform for anyone looking to build a blockchain–based solution.
288 days agocryptodaily
QuickNode Now available in the Microsoft Azure Marketplace
Miami, FL, July 25th, 2023, ChainwireMicrosoft Azure customers worldwide now gain access to QuickNode to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.QuickNode, an end-to-end development platform for Web3 innovation, today announced the availability of its cutting-edge blockchain accessibility infrastructure in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. QuickNode customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.“Microsoft Azure has long been the gold standard for developer trust, productivity, and innovative solutions. We are excited to bring QuickNode to the Azure Marketplace, allowing developers to easily and safely access next-gen blockchain infrastructure and tooling,” said Dmitry Shklovsky, Co-founder and CEO of QuickNode. “Bringing QuickNode to the Azure Marketplace reinforces our commitment to simplifying Web3 development and offering secure, reliable, and performant blockchain solutions to businesses of every size.”QuickNode is committed to supporting enterprises and leading developer teams with reliable and performant solutions for accessing blockchain data backed by Azure's trusted cloud platform. Businesses will now be able to:Easily deploy enterprise RPC nodes tailored to their business goals.Optimize blockchain data querying for high levels of speed and reliability with certified SOC 2 security.Effortlessly track the performance of their nodes anytime, anywhere, with access to usage data and advanced telemetry.Access the most comprehensive Web3 developer toolkit, complete with supercharged APIs, a one-click Web3 app store, world-class developer resources, and around-the-clock support.QuickNode's fully managed node hosting solution is designed to alleviate the burden of blockchain infrastructure OpEx, allowing businesses to focus on innovation and scaling. By introducing QuickNode in the Microsoft Azure Marketplace, a new doorway has been opened for developers and enterprises ready to embrace the innovative solutions possible with blockchain. With this platform, the stage is set for a future where decentralized technology is integrated seamlessly into every layer of web systems, fueling the growth and adoption of the next generation of the internet.About QuickNodeSince its founding in 2017, QuickNode has emerged as the go-to solution for businesses and innovators requiring world-class blockchain development tools for speed, reliability, and security. Handling over eight billion blockchain requests daily, QuickNode boasts a 2.5X faster response time than competitors and 99.99% uptime across 23+ chains and 35+ networks. With a user-friendly interface and a robust multi-chain developer tool suite, QuickNode is an ideal choice for top Web3 businesses and global brands.ContactVP of EcosystemJason [email protected]
306 days agocointelegraph
Buckle up, Reddit: Closed APIs cost more than you’d expect
Open APIs are vital for healthy communities on social platforms. With Web2 companies beginning to reject that principle, Web3 could be poised to supplant them.
325 days agocryptopotato
Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic
Mnemonic offers NFT data, analytics and insights to help developers and enterprises create Web3 products via its APIs.
331 day agocointelegraph
Reddit crypto community goes offline: Here’s why
Reddit communities unanimously decided to go private or in read-only modes between June 12 – June 14, protesting against the upcoming change that would prevent users from freely accessing APIs and tools.
371 day agocointelegraph
Flare integrates blockchain API on Google Cloud Marketplace
Google Cloud Marketplace adds support for nine different blockchain APIs, including Bitcoin and Ethereum, through integration with layer-1 oracle network Flare.
384 days agocoindesk
Blockchain Infrastructure Provider 0x Rolls Out New Suite of APIs
0x announced that its new platform is aimed at providing developers the tools to build financial products on crypto rails.
385 days agocointelegraph
Coinbase’s Base network gets OpenZeppelin security integration
Contract upgrades, admin changes and protocol tweaks can now be made using standard APIs that were previously unavailable on Base.

About APIS?

The live price of APIS (APIS) today is ? USD, and with the current circulating supply of APIS at 6,091,541,771 APIS, its market capitalization stands at ? USD. In the last 24 hours APIS price has moved ? USD or 0.00% while ? USD worth of APIS has been traded on various exchanges. The current valuation of APIS puts it at #0 in cryptocurrency rankings based on market capitalization.

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APIS Price? USD
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