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. 

Market Analysis
Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress.
Bitcoin price can’t find its footing, but BTC fundamentals inspire confidence in traders
Marcel Pechman
Price Analysis
LINK, ICP, LEO and ONE could rebound if traders sense that Bitcoin's selling is near completion.
Top 5 cryptocurrencies to watch this week: BTC, LINK, ICP, LEO, ONE
Rakesh Upadhyay
Market Analysis
Oracle projects like LINK, BAND and TRB are seeing bullish momentum as crypto startups intensify their focus on interoperability in 2022.
Oracle tokens turn bullish as blockchain projects focus on interoperability
Jordan Finneseth
The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding mo...
SBI Group launches crypto-asset fund for Japanese investors
Arijit Sarkar
The blockchain oracle market is still largely dominated by Chainlink, but a handful of promising challengers is emerging.
Umbrella Network launches $15M oracle accelerator program
Sam Bourgi
With the help of Chainlink oracles, a trading and lending platform is set to transform DeFi trading and lending.
Lending platform taps Chainlink Oracles to secure its DeFi lending and borrowing protocol
Sarah Jansen
Having previously described Bitcoin as "a remarkable cryptographic achievement" and with an estimated net worth of roughly $23.6 billion, Schmidt will likely be...
Former Google CEO is now a strategic advisor for Chainlink Labs
Turner Wright
Price Analysis
From a bird’s-eye-view, BTC is still in an uptrend and a bounce off the $62,000 support could provide the signal for LTC, LINK, VET and AXS to move higher.
Top 5 cryptocurrencies to watch this week: BTC, LTC, LINK, VET, AXS
Rakesh Upadhyay

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