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Search Results for: chainlink

Chainlink Automation Goes Live on Optimism: Enhancing DeFi Capabilities

Chainlink Automation, a decentralized oracle solutions provider, successfully integrates with the Optimism network, marking a major milestone for DeFi. The partnership combines Chainlink’s tamper-proof data inputs with Optimism’s scalable Layer 2 technology, promising enhanced scalability, reduced costs, and increased security for DeFi applications, enabling complex functions with trust and confidence.

May 16, 2023 3 mins read

AVAX Bridges Web3 and Web2 With Chainlink Functions Integration

With the aid of Chainlink (LINK) functions, Avalanche (AVAX), a rapidly expanding blockchain platform, has announced that developers may integrate any web2 API into its platform. As a result of this ground-breaking advancement, more complex apps may be built that have direct access to data from the actual world. This

May 6, 2023 2 mins read

Chainlink Releases New Node Software V2 Boosting Operational Efficiency

Decentralized oracle service provider Chainlink (LINK) has announced that its newest node software is now live on the mainnet. Chainlink has announced a new update to its node software, version 2.0.0, with the stated goal of improving node operators’ ability to run their operations efficiently. #Chainlink node software version v2.0.0

April 29, 2023 2 mins read

Celo Joins Chainlink to Drive Global Web3 Adoption

The Celo Foundation has announced that it is joining the Chainlink SCALE (Sustainable Chainlink Access for Layer 1 and 2 Enablement) program to accelerate the adoption of its regenerative ecosystem. .@CeloOrg has joined #Chainlink SCALE to accelerate #Celo adoption. With the upcoming launch of Chainlink oracles on Celo, devs in

April 26, 2023 2 mins read

Decentralized Exchange GMX To Integrate Chainlink’s Low Latency Oracles

Chainlink, the standard Web3 services platform, and GMX, the biggest decentralized perpetual exchange running on Arbitrum and Avalanche, have now announced that the GMX community has elected to incorporate Chainlink’s innovative low-latency oracles for financial market data. Moreover, launch partner GMX will be incorporating the new solution’s low-latency oracles into

April 25, 2023 2 mins read

Chainlink Introduces New Platform to Link Web2 APIs With Web3

Chainlink, a provider of blockchain data, recently unveiled a platform that will let programmers link data to smart contracts. Developers can connect their decentralized applications (dApps) or smart contracts to any Web2 API using Chainlink Functions, and then use the network’s highly secure and dependable platform to perform custom computations

March 2, 2023 1 min read

Chainlink Announces Launch Date of Anticipated Staking Feature

On December 1st, the Chainlink development team announced an update to its highly anticipated staking activities. Staking on Ethereum’s mainnet, according to the oracle provider, will become live on December 6th. Furthermore, at first, the lockup period for Chainlink staking may be anywhere from 12 to 24 months. But the

December 2, 2022 1 min read

Chainlink Proof of Reserve Provides Enhanced Protections for Crypto Ecosystem

Crypto space connects people through digital platforms where the users will always have insecurity for their data and assets. In order to avoid these insecurities and to build high user trust, Proof of Reserve (PoR) is operating. In addition, PoR is very popular to enhance the function of DeFi as

November 8, 2022 2 mins read

Chainlink and SWIFT Collaborate on a Cross-Chain Protocol

Chainlink and SWIFT partnered on a cross-chain interoperability protocol. This project helps to close the barrier between traditional and digital assets. Chainlink (LINK), the price feed provider, has teamed with SWIFT, a global financial messaging, on a cross-chain interoperability protocol (CCIP). This Chainlink’s proof-of-concept (POC) project would offer traditional finance

September 29, 2022 1 min read

Chainlink Upgrades to Enhance the WEB3 Ecosystem

Chainlink Economics 2.0 is aims to enhance the long-term utility and durability of Oracle services.  BUILD is a program design to promote ecosystem growth and drive dApp innovation. The Chainlink Network is entering a new era emphasized by Chainlink Economics 2.0. Which promotes long-term growth, cryptoeconomic security, and value‐added capture.

September 29, 2022 2 mins read