🚀 Coinbase is launching it's own price oracle?👀 ~ CEOM Coin

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What's up Gecko reader,

Hope you are safe and sound!

In this letter, you'll read about BitMex's new contract futures, Coinbase own price oracle, and Sorare's new soccer NFT.

Have you listened to our latest podcast? Our Co-Founder Bobby had a chat with eToro's Chief Blockchain Scientist. Do take a listen!

Dr. Omri Ross On the Future of Finance

Episode 10 of our CoinGecko Podcast is out! This time we interviewed Dr. Omri Ross, Chief Blockchain Scientist at eToro where he shared his thoughts on Ethereum and the future of finance. Did you also know that he co-authored the Bancor whitepaper too?

Listen here

BitMEX is launching new Ether/USD futures, which settle in bitcoin

Bitmex, a crypto-derivative exchange is launching a new Ether (ETH/USD) futures contract starting May 5th.

With the new ETH/USD contracts, traders can speculate on the future USD price of ETH. The traders can leverage the new contracts up to 50 times and they will need to post their margin in Bitcoin (BTC).

The first ETHUSD contract (ETHUSDM20) will expire in June.

CoinDesk

Coinbase Emerges as a Major DeFi Contender with Price Oracle Launch

A cryptocurrency exchange, Coinbase is introducing its own price oracle to improve the DeFi ecosystem. The service will be available through its Coinbase Pro API.

Coinbase stated that the current price feed data are not efficient as it requires trusting the publisher to post the correct price and the DEX on-chain data would expose the protocols to potential attack.

With its price oracle, the data is already signed by Coinbase's private key where the price feed data is already verified without the need to trust the publisher.

CoinTelegraph

Blockchain Fantasy Soccer Game Sorare Signs Licensing Deal With Real Betis

Sorare, a blockchain-based fantasy soccer game recently signed a licensing agreement with a soccer team, Real Betis.

The agreement drew Nabil Fekir, the star player of Real Betis La Liga last summer, to be one of the digital collectible player cards issued by Sorare.

In the game, club "managers" create teams of five player cards to compete for weekly rewards; the most successful can earn a prize of as high as 2.64 Ether (ETH).

CoinTelegraph

Graphical Processing Unit (GPU)

They are chips dedicated to graphics processing or floating point operations, allowing to lighten the workload of the processors when playing video games, interactive 3D applications or mathematical calculations.

We can find them in specialized expansion cards, also called graphics cards or integrated in the same package of the processor.

Learn more terms with the CoinGecko Glossary

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