oracle

On October 8, the oracle network Pyth released its third-quarter update: As of the end of the third quarter, the active ARR was $11.49 million, a quarter-over-quarter increase of 86.5%, driven by exchanges, prediction markets, and AI; the net new ARR for the third quarter was $5.33 million. By the end of September, Pyth Pro had an operating ARR of $9.68 million, Pyth Indices had $1.81 million, covering 16 active clients, with a total of 276 paid accounts across all services, and terminal self-service contributed $500,000 in new ARR in September.In terms of exchanges, the trading volume of the real-world asset perpetual market in the third quarter was $2.09 trillion, with Pyth-supported venues accounting for 94.1%. Coinbase uses Pyth data to support the continuously priced thematic market, and the index calculated with Pyth data supports the listing of stock index futures on Coinbase Derivatives; Trade[XYZ], OKX, and Lighter also use Pyth's Pro and Indices data. In the prediction market sector, Kalshi uses Pyth prices to cover the stock and commodity markets and listed Pyth as the sole data source for gold and silver perpetuals on its CFTC-registered exchange in its September filing; Pyth also provides data for Polymarket's real-world asset market.

According to Gate market data, Oracle (ORCL.N) is expected to record its largest single-day decline in 12 weeks, recently down 6%.

The prediction market platform Polymarket has announced the launch of Polymarket Protocol V2, calling it the next-generation prediction market smart contract system. The existing contracts are based on the conditional token framework from Gnosis in 2019, with various markets subsequently integrated through additional adapters. V2 rebuilds position tokens from scratch, using a single ERC1155 position contract, a single collateral pUSD, a single exchange, and a single routing, with position IDs directly encoding market type, market, and outcome.V2 supports binary, atomic negative risk, incremental negative risk, and composite markets with a modular architecture, and expands position operations to enhance capital efficiency. Settlement is accessed through OracleAggregator, integrating pluggable oracles, including UMA, Chainlink, and future sources. The protocol features built-in cross-chain bridging designs for positions, collateral, and settlement, and can be upgraded through governance processes. Future research directions include scalar settlement and directional collateral return.The code has been audited by Cantina, Certora, Quantstamp, SigmaPrime, Zellic, and Pashov, and has undergone formal verification by Certora, with a maximum critical vulnerability bounty of $5 million. The canary market will operate in the production environment from today until October 30, with new markets tentatively scheduled to switch on November 2. At the same time, Data API V2 will be launched, based on a self-developed on-chain indexer, supporting V2, unified response formats, and cursor pagination.

Coinbase's Ethereum Layer 2 network Base announced on X that 26 new tokenized stocks have been launched on Base, available for trading around the clock and can be used in combination within Base's DeFi ecosystem.

According to Gate market data, Oracle (ORCL.N) rose by 5% during the trading session.

Oracle announced the expansion of its Digital Assets Data Nexus platform, adding payment execution integration, configurable wallets and smart contract controls, as well as AI-driven transaction monitoring and risk analysis features.This upgrade supports connecting existing bank payment systems with digital asset transaction execution through the ISO 20022 messaging standard, helping banks establish a unified operational model for the flow of funds between traditional currencies and digital currencies, while enhancing ledger visibility, compliance controls, and operational efficiency. The platform will also support integration with Oracle Banking Payments and Swift Ledger, covering application scenarios such as tokenized deposits, stablecoins, CBDCs, digital bonds, and real-world assets. Oracle stated that the relevant features are planned for release in fiscal year 2027.

According to Business Insider, Oracle launched its second round of layoffs this year last week. A leaked document shows that 546 employees from its U.S. cloud infrastructure organization were laid off, accounting for about 7.6% of the listed 7,185 employees. The most affected positions include managers, engineers, software developers, and employees in the data center maintenance and service departments. The document states that the information was provided to comply with federal age discrimination laws. Oracle did not disclose the total number of layoffs last week and did not respond to requests for comment.Oracle previously revealed that it expects to reduce its workforce by 21,000 employees, a decrease of 13%, by May 31, 2026, with the total number of employees before the recent layoffs being 141,000. The cloud infrastructure department's revenue grew by 121% year-over-year in the most recent quarter. The document indicates that 57 software developer III positions were cut, with software development-related positions accounting for about 17% of the layoffs; the data center support services department laid off 41 people, including the department's vice president and two senior directors.A total of 128 positions containing the word "manager" were eliminated, accounting for about 23% of the layoffs, with project managers totaling 61 people. Most affected employees are over 40 years old, with about 16% being 60 years or older. Oracle is increasing its investment in AI data centers, expecting related expenditures to be between $90 billion and $95 billion this year.

The official post from Switchboard Foundation Group (@SwitchboardFDN) announces the formal closure of the decentralized oracle protocol Switchboard, with all support ending on September 25, 2026.Switchboard stated that the widespread adoption of AI technology has reduced the pricing power of oracles, the bear market has compressed new chain budgets, and the trend of direct collaboration between institutions like Hyperliquid and S&P has weakened the value proposition of third-party oracles. After exhausting all alternatives, the core development contributor Switchboard Technology Labs Inc. has decided to cease operations, and all implemented versions are deprecated as of today.Protocols currently relying on Switchboard must immediately migrate to other oracle service providers, with the official recommendation being Pyth or Redstone as alternatives. The technical support team will provide migration guidance in the final week.

According to on-chain data monitoring, as the HYPE price continues to rise, the three times leveraged HYPE short position of the whale Loracle has further expanded its unrealized loss, which currently amounts to 3.029 million USD, with a position value of approximately 7.06 million USD, resulting in a return on investment of negative 128.73%.

According to PeckShieldAlert, the lending market of Nostra on Starknet was manipulated due to the NSTR oracle price, with a single account borrowing approximately 3.5 million dollars worth of ETH, STRK, USDC, USDT, WBTC, and DAI using NSTR as collateral.The attacker has since cross-chained approximately 1.92 million dollars worth of assets to Ethereum, including 234.57 ETH and 1.3 million DAI.

According to Caixin, Oracle Corporation has initiated a new round of layoffs. Leaked internal documents indicate that the layoff ratio for some teams will reach double digits. On September 14 local time, posts claiming to be affected by this round of layoffs appeared on platforms such as LinkedIn, Reddit, and Blind.Last month, there were reports that the company had developed a new layoff plan to reduce salary costs. Last Friday, Oracle disclosed an expansion of its corporate restructuring plan, adding $700 million for employee severance and layoffs. As of May 31, the total number of employees at the company was 141,000, a decrease of about 21,000 from 162,000 during the same period last year.Oracle's capital expenditure for the first quarter was $28.5 billion, and it maintained its capital expenditure expectation of $90 billion to $95 billion for the fiscal year 2027. Chief Financial Officer Hilary Maxson stated that the related expenditures are for the procurement of AI racks, cooling systems, and network equipment, and that internal simplification and efficiency improvement measures are core initiatives to control operating costs.

"White-haired Stock God" Serenity posted on platform X that a piece of information in Oracle's (ORCL) financial report is favorable for Nebius (NBIS) and IREN (IREN). Oracle stated that all renewed GPU computing power has been resold, with prices increasing by 20% compared to previous contracts, and most related equipment has been used for over 4 years. Serenity believes that this situation once again counters "Big Short" Michael Burry's argument about the rapid depreciation of GPUs, while also benefiting Nvidia (NVDA) and the Neocloud computing sector.

Data shows that Loracle continues to reduce its short position in HYPE, with a remaining position value of 21 million USD. Previously, the value of the HYPE short position reached a maximum of 37 million USD, with a remaining position loss of 7.45 million USD. The opening price was 53.97 USD, and the current price is 83.18 USD.Loracle currently has a total net floating loss of approximately 9.54 million USD from its main short positions, which include:Short position valued at 26.05 million USD in SNDK, opening price of 1485.67 USD, current price of 1644 USD, floating loss of 2.51 million USD;Short position valued at 18.73 million USD in NVIDIA, opening price of 225.70 USD, current price of 220.29 USD, floating gain of 460,000 USD;Short position valued at 18.24 million USD in PONS, opening price of 0.67 USD, current price of 0.66 USD, floating gain of 220,000 USD;Short position valued at 10.27 million USD in MU, opening price of 870.69 USD, current price of 980.80 USD, floating loss of 1.15 million USD;Short position valued at 6.78 million USD in CASHCAT, opening price of 0.21 USD, current price of 0.19 USD, floating gain of 750,000 USD;Short position valued at 3.84 million USD in PLTR, opening price of 173.54 USD, current price of 166.84 USD, floating gain of 150,000 USD.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average rising over 1%, the S&P 500 index up 0.8%, and the Nasdaq up 0.8%. Oracle rose over 7%, with its first-quarter revenue and profit exceeding expectations, Intel rose over 1%, and SK Hynix rose 1.5%.

According to Gate market data, Oracle (ORCL.N) rose over 5% in after-hours trading.

According to Gate market data, Oracle's stock rose 4.49% in pre-market trading, currently reported at $166.91.

According to Hyperbot data, the whale Loracle continues to increase its position in the 3x leveraged PONS short, currently holding 25,747,236 PONS, with a position value of approximately 21.078 million USD.

According to on-chain analyst Ai Yi's monitoring, trader Loracle has opened a 3x short position on PONS on Hyperliquid since September 3, holding 25.04 million PONS (approximately 19.41 million USD), with an opening average price of 0.6553 USD, accounting for 19% of the total PONS holdings on Hyperliquid, and is still continuously adding to the position, currently facing an unrealized loss of nearly 3 million USD. This trader has created a zero-fee fork version of Pons.Overseas analyst @mlmabc posted on September 6 to publicly solicit funds to jointly target this short position, stating that there are already commitments of eight-figure capital. Loracle's short liquidation price is 1.83 USD, meaning PONS needs to rise another 128% to trigger liquidation. A similar hunting operation targeting 50x leveraged Bitcoin shorts on Hyperliquid in March 2025 had previously attracted attention.