News
The project will connect SWIFT’s network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on one network.
5740
Chainlink News
Chainlink is a decentralized oracle network that allows public blockchains and smart contract platforms to bring external, off-chain data sources to on-chain operations with minimal trust in third parties. It is one of the most high-profile projects tackling the oracle problem — the ongoing challenge of bridging real-world data such as market stats, event outcomes and even the weather to blockchain without relying wholly on centralized data providers.
The roots of Chainlink go back to September 2014 with its parent company, SmartContract, which aimed to create a middle-layer infrastructure between blockchains and the real world. Its original solution relied on centralized oracles, which prompted the development of a decentralized alternative with the Chainlink network. In September 2017, Chainlink raised funds through an initial coin offering to the total of $32 million. The mainnet launched on Ethereum in June 2019.
Chainlink’s native token, known as LINK, is used to pay the network’s node operators, or oracles, for providing secure data feeds. Eventually, oracles will be able to stake LINK as collateral to provide data feeds to specific decentralized applications, bringing skin-to-the-game mechanics for added security and certainty.
- News
Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications.
2456 - Price Analysis
The Federal Reserve is set to raise interest rates this week. Here’s why traders expect a 0.75% hike to trigger a crypto market rally.
17633 - Price Analysis
Bitcoin price is targeting $25,000 and holding this level could trigger breakouts in ADA, UNI, LINK and CHZ.
8513 - Market Analysis
The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.”
4709 - News
The Chainlink protocol will continue operations on Ethereum after the upcoming Merge to the proof-of-stake consensus layer.
5499 - News
Derek Yoo, the founder of Moonbeam, noted that the integration lets their platform provide “building blocks” to DeFi developers.
4142 - Market Analysis
An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making.
13641 - Altcoin Watch
Roadmap and protocol upgrades are a few of the factors behind the month-long rally in LINK, OCEAN and HNT.
3329 - News
Ava Labs CEO Emin Gün Sirer said that this will simplify the experiences of Avalanche developers and users.
3389 - Markets News
LINK price broke its downtrend and rallied to $9 after the developers released a roadmap and announced that Chainlink 2.0 includes token staking.
11940 - News
Solana co-founder Anatoly Yakovenko noted that the integration will be beneficial to DeFi developers building on the platform.
3573 - News
Venus Protocol and Blizz Finance announced that their protocols were exploited due to the difference in LUNA market price and price feed as Chainlink paused the LUNA oracle.
19735 - News
Chainlink is set to automate rental payments to property owners of a Latin American real estate platform, adding a new blockchain use-case for the sector.
8031 - News
A new report conducted by Tecnalia Research and Chainlink Labs asserts that blockchain and oracles can help fix climate issues.
2249