On April 11, Chainlink announced Transporter, which it described as “the next evolution in cross-chain bridging.” The app is powered by Chainlink’s Cross Chain Interoperability Protocol (CCIP), which allows smart contracts to securely access data from external systems and enable trustless data connectivity between blockchains. “Having a secure way to move both value and data...Read More
Solana-based investment products had seen steady inflows throughout the year after intensive performance and reliability improvements. However, investor confidence took a hit due to a network outage lasting five hours earlier this month, caused by a bug that caused transactions to enter an infinite loop, thereby impacting the network’s functionality. Solana’s Troubles Continue Among altcoins,...Read More
The infamous crypto-hacking group Pink Drainer has been implicated in a highly sophisticated phishing scam that led to a loss of $4.4 million worth of Chainlink (LINK) tokens. This recent cyber heist targeted a single victim who fell prey to a deceptive tactic that led to the signing of a transaction linked to the ‘Increase...Read More
In its December 19 Q4 product update, Chainlink announced a series of strategic initiatives to bridge the gap between traditional finance (TradFi) and blockchain technology. The crypto oracle provider has revealed its plan to support the virtual tokenization of Real World Assets (RWAs) on the blockchain, marking a significant step in integrating digital and traditional...Read More
Digital assets investment products ended their 11-week streak of positive cash flows with withdrawals amounting to $16 million. However, trading activity remained significantly higher than the yearly average, reaching $3.6 billion for the week, in contrast to the year-to-date average of $1.6 billion. Bitcoin was the worst hit, witnessing outflows of $33 million last week,...Read More
On Nov. 21, Weiss Crypto reported that it had upgraded Chainlink to an “A-” rating. This has propelled the Oracle network token to second place after Bitcoin. Furthermore, it is the only other A-rated crypto asset aside from BTC. Weiss noted that its rating algorithm takes into account a series of factors such as “historical...Read More
According to on-chain data from analytics provider Santiment posted on October 17, LINK has made 30% over the past five weeks or so. It reported that whale wallets with 100,000 to 1 million LINK tokens “have accumulated aggressively,” with $38.5 million worth added in the past week alone. “Their moves are more relevant than small...Read More
Chainlink – the leading Oracle service provider – has announced that its Cross-Chain Interoperability Protocol (CCIP) is now live on Base in a bid to enable developers on the Coinbase-incubated Ethereum layer-2 network to have access to the secure and easy-to-use interoperability protocol for building cross-chain applications and services. The move comes a month after...Read More
Chainlink, a decentralized oracle network, has addressed concerns raised by the crypto community about a recent alteration in its multisig (multi-signature) wallet. The criticism arose after users, including well-known crypto researcher Chris Blec, noticed a quiet shift in the number of signatures required on the multisig wallet from 4-of-9 to 4-of-8. Crypto Community Questions Chainlink’s...Read More
Global financial messaging network – Swift – announced successfully facilitating a variety of blockchain interoperability tests with multiple financial institutions like Citi, SIX Digital Exchange (SDX), BNP Paribas, and BNY Mellon. For this purpose, Swift tapped the Web3 services platform Chainlink’s Cross-Chain Interoperability Protocol (CCIP) The company said the experiments are part of its wider...Read More
Chainlink has expanded its integrations to a total of 12 by tapping the Coinbase-incubated layer-2 network Base. According to a recent update, Base joins the likes of Ethereum, Arbitrum, Avalanche, BNB Chain, and Polygon, among other projects. The decentralized oracle network had first announced implementing its price feeds into Base a day before the latter’s...Read More
Chainlink, a leading project focusing on the use of oracles to bring real-world data onto the blockchain and use it for business purposes, has been working on a way to bring its hard-earned, reputable data to partnered projects for quite some time now. After a long wait, the devs at Chainlink announced the launch of...Read More
Chainlink Labs, a Web3 services provider and developer of data oracle solution Chainlink, has partnered with blockchain public relations (PR) and content marketing firm MarketAcross to support startups in the Chainlink BUILD program. According to a press release shared with CryptoPotato, the channel partnership between the two parties will give members of the program access...Read More
The crypto contagion has continued this year, with FTX compounding matters this week. This has put the spotlight on transparency, especially for centralized crypto exchanges. Data oracle provider Chainlink has been promoting its proof-of-reserve tools, which could solve the transparency issues currently plaguing the industry. In a tweet on Nov. 11, the Chainlink team asked...Read More
Despite the volatile markets, Chainlink (LINK) broke above $9.20 for the first time since August this year, recording a three-month high. The latest price appreciation was triggered by massive activity stirred by LINK wallets over the past five weeks. As per the crypto-analytic platform Santiment’s latest data, traders are “longing” LINK “aggressively.” 🔗 #Chainlink spiked...Read More
On Oct. 26, crypto giant Binance announced Binance Oracle, a new service that will source, verify, and feed off-chain data to smart contracts running on the BNB Chain. The company claims that the Oracles will provide a “more reliable, secure, and accurate data sourcing solution for smart contracts.” The new service, which launches this month,...Read More
Chainlink has been witnessing strong whale accumulation and address activity this year. Sharks and whale addresses, holding 10,000-1 million LINK, have continued to pile up tokens as the bear market set in. According to the latest data from the crypto-analytic platform, Santiment, this cohort of investors has collectively added over $312 million worth of LINK...Read More
Chainlink said it will not provide support for forked versions of the Ethereum blockchain after the much-anticipated shift from Proof of Work (PoW) to Proof of Stake (PoS), also known as the Merge. However, the Chainlink protocol and services will remain available during and after the Merge. “Users should be aware that forked versions of...Read More
Chainlink – a blockchain oracle platform – recently announced that its price feed technology has been launched on the Solana network. This information will help Solana defi developers use live price information for various financial services. The oracle platform has announced that seven price feeds will be made available for Solana developers. These include BTC/USD,...Read More
Chainlink – a blockchain oracle service provider – now has over $60 billion deposited into smart contracts. A recent analysis from Bank of America claims that the network will drive blockchain adoption across the gaming, gambling, and insurance industries, among others. Chainlink Driving Defi Growth According to a research report released on Wednesday, the firm...Read More
The Swiss fintech company – 21Shares – announced the listing of three exchange-traded products on Euronext Paris and Amsterdam. The ETPs will track the performance of Chainlink, Terra, and Uniswap. More ETPS From 21Shares The Switzerland-based investment product issuer has been active on the digital asset scene lately. Last week, it listed Aave, Chainlink, and...Read More
21Shares AG – a Switzerland-based investment product issuer – announced the listing of three new cryptocurrency exchange-traded products on the BX Swiss. Aave, Chainlink, and Uniswap are respectively the underlying assets of the ETPs. Additionally, the global investment manager – VanEck – introduced its first multi-token cryptocurrency fund. Diving Deeper into ETPs According to a...Read More
Chainlink price was trading within a range-bound level for quite a long period and later sliced through the consolidation to hit the immediate resistance levels around $17. The asset comfortably hovered within these areas for a couple of hours. Further, the selling volume began to accumulate and currently the bears appear to have capitulated the...Read More
The challenge of getting a reliable source of data has been a perennial problem in the journalism business. Ever since the first information broadcast media was born, the world has had to rely on the integrity of those who provide the data. But that could change now that Chainlink is harnessing the power of decentralization,...Read More
InputOutput (IOKH), the technology company behind the Cardano open-source blockchain project, announced in the ongoing Cardano Summit 2021 that it has partnered with decentralized blockchain oracle network Chainlink. Tremendous Respect for Cardano As per the announcement, the partnership will see Cardano integrate Chainlink’s oracles to support developers as they prepare to start building smart contracts...Read More
Synthetix’s latest governance proposal has passed successfully, with the same approving the creation of sTSLA – a synthetic asset that will provide on-chain exposure to Tesla’s shares. The proposal to introduce sTSLA, or SIP110, was put into motion on 10 February, with the proposal passed successfully after a unanimous vote by Synthetix’s The Spartan Council....Read More
The collective crypto narrative is bullish at the moment. Ethereum registered a new all-time high above $1600 over the past 24-hours, and Bitcoin surged above $38,000 again. While Chainlink attested a high of $26 as well, it registered a floor price of $22.74 within the next 24-hours. While present valuation was solid at the moment,...Read More
Chainlink has been the center of attention lately, with the protocol in the news following a host of recent integrations and collaborations. It is in the news again after an official announcement revealed that Chainlink has officially joined UNESCO’s Global Education Coalition. According to the said announcement, the aim of this partnership is to “increase...Read More
Chainlink was one of the market’s star performers as 2020 came to a close. In fact, it would seem that its bullish momentum on the price charts has continued into 2021 as well, with LINK rising on the charts by over 18 percent in the last 7 days alone. With a trading price of over...Read More
This week was very intensive in the cryptocurrency market. It’s perhaps safe to say that it was among the most tumultuous ones we’ve had in the last few months. Everything started calmly, and during the weekend, the price hit an all-time high value of $42,000. The excitement was short-lived, as immediately after that, bitcoin went...Read More
