CryEagle
Open Trade
High-Frequency Trader
3.1 Years
Researcher| Analyst| Blogger| Critic| Investor| Blockchain Lover| Not Financial Advisor!
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Trading Insight_News
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Why DeFi Dies Without Oracles? What Is Blockchain Oracles?
Fundamentally, a Blockchain is a closed system that is blind to the outside world. For DeFi to function, Blockchain needs a messenger to bring real world data onto the network. That messenger is called an Oracle.
🔸 Smart Contracts operate automatically based on logic: If A happens, do B.
The risk is fatal If a Hacker attacks the Price Feed and tricks the Smart Contract into believing Current ETH price is $0. Immediately, all users were liquidated, even though the real world price was still $3,000. This is an Oracle Manipulation Attack.
🔸 Oracle's solution does not pull from a single source of data. It's a decentralized network:
Oracle does not pull price from just one exchange. It pulls from dozens of sources.Oracle nodes compare these prices, remove outliers, and calculate the most reliable average price.Only this clean price is pushed onto the Blockchain for DeFi apps to use.
🔸 Critical Importance:
Lending needs Oracles to value collateral to decide when to liquidate.Derivatives needs Oracles to determine entry and exit prices for Traders.Stablecoins needs Oracles to ensure backing assets remain sufficient 1:1.
👉 If Chainlink stops working, all the protocols above would freeze or be exploited instantly.
🔹 In DeFi investing, don't just look at APY. Look at the Oracle source the project uses. If a project builds its own homemade Oracle or pulls price from a single DEX, it is sitting duck for Hackers.
Have you ever wondered who is feeding the price for your Long, Short positions? Is it a reputable decentralized network or a single, manipulatable server?
News is for reference, not investment advice. Please read carefully before making a decision.
🔸 Smart Contracts operate automatically based on logic: If A happens, do B.
The risk is fatal If a Hacker attacks the Price Feed and tricks the Smart Contract into believing Current ETH price is $0. Immediately, all users were liquidated, even though the real world price was still $3,000. This is an Oracle Manipulation Attack.
🔸 Oracle's solution does not pull from a single source of data. It's a decentralized network:
Oracle does not pull price from just one exchange. It pulls from dozens of sources.Oracle nodes compare these prices, remove outliers, and calculate the most reliable average price.Only this clean price is pushed onto the Blockchain for DeFi apps to use.
🔸 Critical Importance:
Lending needs Oracles to value collateral to decide when to liquidate.Derivatives needs Oracles to determine entry and exit prices for Traders.Stablecoins needs Oracles to ensure backing assets remain sufficient 1:1.
👉 If Chainlink stops working, all the protocols above would freeze or be exploited instantly.
🔹 In DeFi investing, don't just look at APY. Look at the Oracle source the project uses. If a project builds its own homemade Oracle or pulls price from a single DEX, it is sitting duck for Hackers.
Have you ever wondered who is feeding the price for your Long, Short positions? Is it a reputable decentralized network or a single, manipulatable server?
News is for reference, not investment advice. Please read carefully before making a decision.
just love it❤
Don't say I didn't Warn you On this $LUNA $LUNC $USTC Multiple Time I warn You . . And Now Hopefully You see results
These are pumping just because IAN Allison wearing LUNA LOGO Shirt , His All other shirts are in laundry so he Wear that And TERRA coins pumping
Despite of that it rugged from 119$ to 0.0001$
{future}(USTCUSDT)
{future}(LUNA2USDT)
{future}(1000LUNCUSDT)
These are pumping just because IAN Allison wearing LUNA LOGO Shirt , His All other shirts are in laundry so he Wear that And TERRA coins pumping
Despite of that it rugged from 119$ to 0.0001$
{future}(USTCUSDT)
{future}(LUNA2USDT)
{future}(1000LUNCUSDT)
i ll alwayz hold a few lunc, luna and ustc❤
Don't say I didn't Warn you On this $LUNA $LUNC $USTC Multiple Time I warn You . . And Now Hopefully You see results
These are pumping just because IAN Allison wearing LUNA LOGO Shirt , His All other shirts are in laundry so he Wear that And TERRA coins pumping
Despite of that it rugged from 119$ to 0.0001$
{future}(USTCUSDT)
{future}(LUNA2USDT)
{future}(1000LUNCUSDT)
These are pumping just because IAN Allison wearing LUNA LOGO Shirt , His All other shirts are in laundry so he Wear that And TERRA coins pumping
Despite of that it rugged from 119$ to 0.0001$
{future}(USTCUSDT)
{future}(LUNA2USDT)
{future}(1000LUNCUSDT)
0.5 never with current supply! but i am hoping for 0.00028 to 0.00044. IA
$1000LUNC What happened to Luna today?
The LunaClassic Official account post: "500K followers $LUNC to $0.50"
Looks like it goes back to 0.00005 now😅
{future}(1000LUNCUSDT)
{spot}(LUNCUSDT)
{spot}(USTCUSDT)
#LUNC #LUNC✅ #TrendingTopic
The LunaClassic Official account post: "500K followers $LUNC to $0.50"
Looks like it goes back to 0.00005 now😅
{future}(1000LUNCUSDT)
{spot}(LUNCUSDT)
{spot}(USTCUSDT)
#LUNC #LUNC✅ #TrendingTopic
some coins with full tokens unlocked were delisted and some under monitoring tag
CRYPTO MECHANIC
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The one thing I hate the most about altcoins “Token unlocks”
Projects keep releasing new supply into the market, creating constant sell pressure meanwhile there isn’t even enough real demand to absorb it.
This is why most altcoins bleed slowly over time, even in a decent market.
Projects keep releasing new supply into the market, creating constant sell pressure meanwhile there isn’t even enough real demand to absorb it.
This is why most altcoins bleed slowly over time, even in a decent market.
he is not stupid!! looks like it urs!!
WARREN BUFFETT'S PORTFOLIO
$ASTER $ZEC $HBAR
#EurekaTraders
$ASTER $ZEC $HBAR
#EurekaTraders
u cant buy all at once at a fix rate! should place order like 0.02 0.025 0.03 and so on😂😂
Ekowreel
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Just know bitcoin will never go to zero.
sl hit?
Whomever waiting for free signal
Now go and kill the waves
Buy $PARTI and enjoy
Now go and kill the waves
Buy $PARTI and enjoy
$BTC 42K coming soon!!
BTC was at all time high and now dropping, and 99% alts are now at all time low. So, money from BTC Can enter Alts and we Can see a huge rally in Alt coins at any time! It mite be over for btc but not for ALTS!
START of #BULLRUN #Altcoins👀🚀
#NFA #DYOR
START of #BULLRUN #Altcoins👀🚀
#NFA #DYOR
Future of Ecash?
if price not moving after this upgrade/news, consider ecash dead!
if price not moving after this upgrade/news, consider ecash dead!
eCash
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History made! 🔥
Pre-Consensus is officially live on eCash $XEC Mainnet.
Avalanche Pre-Consensus went live at block 923347, unlocking sub-3-second finality and real-time settlement on a PoW chain for the first time ever. 🚀
Digital cash, delivered at the speed of information ⚡️
ℹ️ More info: https://e.cash/blog/preconsensus-launch
Pre-Consensus is officially live on eCash $XEC Mainnet.
Avalanche Pre-Consensus went live at block 923347, unlocking sub-3-second finality and real-time settlement on a PoW chain for the first time ever. 🚀
Digital cash, delivered at the speed of information ⚡️
ℹ️ More info: https://e.cash/blog/preconsensus-launch
Thats great news for XEC Holders!!
XEC Ready to Launch Avalanche Pre-Consensus, Bringing Near Instant Transactions to Proof-of-Work Blockchains
#NFA #DYOR #WriteToEarnUpgrade #XEC
XEC Ready to Launch Avalanche Pre-Consensus, Bringing Near Instant Transactions to Proof-of-Work Blockchains
#NFA #DYOR #WriteToEarnUpgrade #XEC
Just wait for it🚀🚀IA
$1000XEC this trash is useless, no one buys it anymore, just pass away early.
See original
as I said earlier, BTC touched 94k!!
$BTC tonite btc mite touch 94k or below! lets hope it reverses from here
#NFA #DYOR
#NFA #DYOR
$DEGO how far u ll fall to liquidate longs!! our accounts ll be back but u ll end ur project 😂
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