Binance Research

Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:

1/ Pump.science partners with Hedgehog to launch Solana-based prediction markets for betting on the results of longevity experiments on mice. Mice injected with longevity compounds are tested against a control group on a rotarod, assessing motor skills. Users, equipped with data on how the compound previously performed on flies, bet on which mice will excel, with trials livestreamed.

2/ Thailand is set to trial cryptocurrency payments in Phuket, a popular tourist destination, as part of a pilot program offering foreign visitors an alternative payment option. The initiative seeks to integrate digital currencies into everyday transactions, enabling tourists to register Bitcoin through a Thai exchange, verify their identities, and make purchases seamlessly.

3/ Revolut has joined the Pyth Network as one of over 100 data publishers, providing high-quality financial data to enhance decentralized applications across 80+ blockchains. By delivering real-time price updates, this partnership leverages Pyth's advanced oracle technology for low-latency, reliable data aggregation. Since May 2021, Chainlink’s share of price data feeds has decreased from 69% to 52%, while Pyth’s has increased from 0.08% to 11%, highlighting Pyth’s rapid growth and influence.

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3.4K viewsJan 10 at 11:32

Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:

1/ Pump.science partners with Hedgehog to launch Solana-based prediction markets for betting on the results of longevity experiments on mice. Mice injected with longevity compounds are tested against a control group on a rotarod, assessing motor skills. Users, equipped with data on how the compound previously performed on flies, bet on which mice will excel, with trials livestreamed.

2/ Thailand is set to trial cryptocurrency payments in Phuket, a popular tourist destination, as part of a pilot program offering foreign visitors an alternative payment option. The initiative seeks to integrate digital currencies into everyday transactions, enabling tourists to register Bitcoin through a Thai exchange, verify their identities, and make purchases seamlessly.

3/ Revolut has joined the Pyth Network as one of over 100 data publishers, providing high-quality financial data to enhance decentralized applications across 80+ blockchains. By delivering real-time price updates, this partnership leverages Pyth's advanced oracle technology for low-latency, reliable data aggregation. Since May 2021, Chainlink’s share of price data feeds has decreased from 69% to 52%, while Pyth’s has increased from 0.08% to 11%, highlighting Pyth’s rapid growth and influence.

BY Binance Research