Chainlink News

Chainlink is based on the ethereum blockchain platform and used as an intermediary to help in the execution of smart contracts. It can be considered as an intermediate stage that helps the seamless data transfer between smart contracts and external data sources. In simple language, it is one specific kind of Oracle iteration, i.e. distributed oracle technology that was launched in the market in 2014 by the company called SmartContract.

The primary reason behind the launch of this project is to protect the information and reduce any chances of inaccurate data handling in the data transfer process. SmartContract organization has robust experience in handling of the data as the company empowers transactions between banks and SWIFT international payment network covering around a total of 11,000 banks globally.

Chainlink is powered through its native token LINK. Chainlink (LINK) is giving a push to smart contracts through enabling the process of data transfer function between smart contracts and external banks seamlessly. In fact, Ethereum blockchain and Chainlink technology is touted to be a game-changer in the cryptocurrency space thanks to their high-speed transactions and widely distributed network. Chainlink price news is often associated with its collaborations that the project has been able to strike across organizations in the cryptocurrency space and blockchain technology domain. LINK coin news, on the other hand, relates more to its price movement vis-a-vis Bitcoin. The price of the LINK is dynamic and continues to keep changing in accordance with alteration in internal and external market forces.

  • Chainlink News

ChainGPT integrates Chainlink CCIP for cross-chain crypto AI Hub

ChainGPT has integrated Chainlink CCIP, an industry standard for secure interoperability between chains, across the mainnets of Ethereum and Polygon.…

6 months ago
  • Chainlink News

Chainlink VRF to Generate Random Scarcity in NFTs

Pinkjaks is a glitch-art NFT collection for the Polygon chain. The platform recently integrated Chainlink Verifiable Random Function or VRF…

3 years ago
  • Chainlink News

Fractional-Algorithmic Synthetic Assets Introduced with Twindex 2.0

Crypto trends have been constantly changing, and the world is on tenterhooks to understand the convergence. This has led to…

3 years ago
  • Chainlink News

Spores Network To Integrate Chainlink Price Feeds With Price NFTs

Spores Network finally made the announcement of integrating the NFT marketplace of its platform with the decentralized oracle network of…

3 years ago
  • Chainlink News

AthleteX Joins Hands With Chainlink to Create Athlete Tokens

AthleteX Markets has announced that it will collaborate with Chainlink to upgrade its data collection mechanism to power a new…

3 years ago
  • Chainlink News

Amy Finance to Merge Chainlink Price Feeds on Arbitrum

Amy Finance recently announced that Chainlink Price Feeds will be integrated into Arbitrum to give traders the best trading experience…

3 years ago
  • Chainlink News

Arbol Founders and Chainlink Join Hands to Launch dClimate

Business operation has always been affected by the volatility of weather. As per the records of AGCS, an international insurance…

3 years ago
  • Chainlink News

Augur Turbo, Powered by Chainlink, Makes Its Market Debut

To provide a wide range of services to prospective players, the launch of the Augur Turbo has been announced. The…

3 years ago
  • Chainlink News

Chainlink VRF Now Live on Binance Smart Chain

Chainlink VRF is gearing up to provide every BSC developer with ready access to cost-effective, tamper-proof, and provably fair sources…

3 years ago
  • Chainlink News

DeFi’s Parachain Karura Partners with Chainlink Price Feeds

DeFi platform and Acala Foundation's parachain 'Karura' will now integrate with Chainlink Price Feeds. Chainlink is a decentralized oracle of…

3 years ago