{"id":346903,"date":"2022-09-20T04:41:11","date_gmt":"2022-09-20T08:41:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=346903"},"modified":"2022-09-20T04:41:11","modified_gmt":"2022-09-20T08:41:11","slug":"thales-integrates-chainlink-data-feeds-as-it-expands-to-arbitrum","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/thales-integrates-chainlink-data-feeds-as-it-expands-to-arbitrum","title":{"rendered":"Thales integrates Chainlink Data Feeds as it expands to Arbitrum"},"content":{"rendered":"<p>Chainlink Data Feeds were officially integrated by yet another service \u2014 Thales. The platform and protocol, named after a famous Ancient Greek philosopher, are well-known for offering access to numerous positional markets featuring easy-to-understand derivatives. The project announced its expansion only hours ago on Twitter, noting that it reached and exceeded $7 million in volume and that it continues to provide simple, novel, secure markets.<\/p>\n<p>Chainlink shared the news of the integration, noting that Price Feeds feature will help secure Thales\u2019 advanced parimutuel markets.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/thalesmarket?ref_src=twsrc%5Etfw\">@thalesmarket<\/a> has integrated <a href=\"https:\/\/twitter.com\/hashtag\/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw\">#Chainlink<\/a> Data Feeds as part of its expansion to <a href=\"https:\/\/twitter.com\/hashtag\/Arbitrum?src=hash&amp;ref_src=twsrc%5Etfw\">#Arbitrum<\/a>. <\/p>\n<p>Price Feeds help secure Thales&#39; advanced parimutuel markets: <a href=\"https:\/\/t.co\/G65eOsFhiH\">https:\/\/t.co\/G65eOsFhiH<\/a><\/p>\n<p>&mdash; Chainlink (@chainlink) <a href=\"https:\/\/twitter.com\/chainlink\/status\/1571937648889024517?ref_src=twsrc%5Etfw\">September 19, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With Thales\u2019 expansion to Arbitrum, the project has made a major step in the right direction and set the stage for the future of its operation. Every milestone and major accomplishment in the past has led to where it is now, and it is nowhere near stopping.<\/p>\n<p>So far, the platform has over $8.5 million in volume between Polygon and Optimism. It also noted that users seemingly love its service in environments that can offer fast transactions and low fees. With that in mind, Arbitrum was the logical next step for the project, which seeks to offer only the best for its ever-growing userbase and passionate communities. Still, the decision was made by the so-called Thales Council \u2014 the project\u2019s decentralized governance body in charge of making all official decisions.<\/p>\n<h2>Chainlink will be crucial for Thales\u2019 trust-building<\/h2>\n<p>According to Thales\u2019 announcement, the integration with Chainlink is what decided which tokens will be available, as there are two conditions \u2014 they must be supported by Chainlink\u2019s Data Feeds, and they need to be popular enough among the traders Both conditions were quite sensible, and the project ended up supporting BTC, ETH, as well as DPX and MAGIC.<\/p>\n<p>Users will be able to join the platform with no registration required, and they can use a single Web3 wallet as their passport to all novel on-chain derivatives and with multiple forms of collateral. For Arbitrum, specifically, that currently includes USDC and USDT.<\/p>\n<p>Of course, the results of all settlements will be provided by Chainlink itself, which is the main reason behind this integration. Having integration with the industry-leading decentralized oracles network will bring greater trust but also transparency, and the message that Thales is sending by integrating it is that its services offer market results that users can trust.<\/p>\n<p>Thales also noted that there will be no liquidations involved when users buy positional tokens, and that they can only lose what they risk on each market and no more. Users can sell back positional tokens to the AMM and exit their positions at any time up until 24h from the market target date, assuming there is liquidity in the market.\u00a0 What this means is that there will be a possibility for profit-taking and early exits.<\/p>\n<h3>Related<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/chainlink-price-prediction-link-is-struggling-to-push-northward\">Chainlink Price Prediction: LINK Is Struggling to Push Northward<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-chainlink\">Where to Buy Chainlink (LINK)<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/chainlink-to-roll-out-token-staking-to-boost-network-security\">Chainlink To Roll Out Token Staking To Boost Network Security<\/a><\/li>\n<\/ul>\n\n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Chainlink Data Feeds were officially integrated by yet another service \u2014 Thales. The platform and protocol, named after a famous Ancient Greek philosopher, are well-known <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/thales-integrates-chainlink-data-feeds-as-it-expands-to-arbitrum\" title=\"Thales integrates Chainlink Data Feeds as it expands to Arbitrum\">[&#8230;]<\/a><\/div>","protected":false},"author":1717,"featured_media":346904,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Thales integrates Chainlink Data Feeds as it expands to Arbitrum<\/title>\n<meta name=\"description\" content=\"Thales, a platform and protocol that offers access to different positional markets, just announced its expansion to Arbitrum and integration of Chainlink\u2019s Data Feeds.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thales integrates Chainlink Data Feeds as it expands to Arbitrum\" \/>\n<meta property=\"og:description\" content=\"Thales, a platform and protocol that offers access to different positional markets, just announced its expansion to Arbitrum and integration of Chainlink\u2019s Data Feeds.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-20T08:41:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/09\/Thales-integrates-Chainlink-Data-Feeds-as-it-expands-to-Arbitrum.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ali Raza\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ali_r1272\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ali Raza\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903\"},\"author\":{\"name\":\"Ali Raza\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/542f9bb7fcd1a45cdfd54e377a73fb2d\"},\"headline\":\"Thales integrates Chainlink Data Feeds as it expands to Arbitrum\",\"datePublished\":\"2022-09-20T08:41:11+00:00\",\"dateModified\":\"2022-09-20T08:41:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903\"},\"wordCount\":496,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903\",\"name\":\"Thales integrates Chainlink Data Feeds as it expands to Arbitrum\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2022-09-20T08:41:11+00:00\",\"dateModified\":\"2022-09-20T08:41:11+00:00\",\"description\":\"Thales, a platform and protocol that offers access to different positional markets, just announced its expansion to Arbitrum and integration of Chainlink\u2019s Data Feeds.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/542f9bb7fcd1a45cdfd54e377a73fb2d\",\"name\":\"Ali Raza\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/avatar_user_1717_1714353205-96x96.jpeg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/avatar_user_1717_1714353205-96x96.jpeg\",\"caption\":\"Ali Raza\"},\"description\":\"Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali\u2019s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Business2Community, BeinCrypto, and more.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/alirazak\/\",\"https:\/\/twitter.com\/ali_r1272\"],\"knowsAbout\":[\"Cryptocurrency\",\"Fintech\",\"Finance\"],\"jobTitle\":\"Editor\",\"url\":\"https:\/\/insidebitcoins.com\/author\/aliraza\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Thales integrates Chainlink Data Feeds as it expands to Arbitrum","description":"Thales, a platform and protocol that offers access to different positional markets, just announced its expansion to Arbitrum and integration of Chainlink\u2019s Data Feeds.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903","og_locale":"en_US","og_type":"article","og_title":"Thales integrates Chainlink Data Feeds as it expands to Arbitrum","og_description":"Thales, a platform and protocol that offers access to different positional markets, just announced its expansion to Arbitrum and integration of Chainlink\u2019s Data Feeds.","og_site_name":"InsideBitcoins.com","article_published_time":"2022-09-20T08:41:11+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/09\/Thales-integrates-Chainlink-Data-Feeds-as-it-expands-to-Arbitrum.jpeg","type":"image\/jpeg"}],"author":"Ali Raza","twitter_card":"summary_large_image","twitter_creator":"@ali_r1272","twitter_misc":{"Written by":"Ali Raza","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903"},"author":{"name":"Ali Raza","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/542f9bb7fcd1a45cdfd54e377a73fb2d"},"headline":"Thales integrates Chainlink Data Feeds as it expands to Arbitrum","datePublished":"2022-09-20T08:41:11+00:00","dateModified":"2022-09-20T08:41:11+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903"},"wordCount":496,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"articleSection":["Breaking Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#primaryimage"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903","name":"Thales integrates Chainlink Data Feeds as it expands to Arbitrum","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"datePublished":"2022-09-20T08:41:11+00:00","dateModified":"2022-09-20T08:41:11+00:00","description":"Thales, a platform and protocol that offers access to different positional markets, just announced its expansion to Arbitrum and integration of Chainlink\u2019s Data Feeds.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903"]}],"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903#primaryimage"}},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/542f9bb7fcd1a45cdfd54e377a73fb2d","name":"Ali Raza","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/avatar_user_1717_1714353205-96x96.jpeg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/avatar_user_1717_1714353205-96x96.jpeg","caption":"Ali Raza"},"description":"Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali\u2019s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Business2Community, BeinCrypto, and more.","sameAs":["https:\/\/www.linkedin.com\/in\/alirazak\/","https:\/\/twitter.com\/ali_r1272"],"knowsAbout":["Cryptocurrency","Fintech","Finance"],"jobTitle":"Editor","url":"https:\/\/insidebitcoins.com\/author\/aliraza"}]}},"_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1717"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=346903"}],"version-history":[{"count":0,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/346903\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/346904"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=346903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=346903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=346903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}