The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
21.co, the parent company of asset management firm 21Shares, has integrated Chainlink Proof of Reserve on the Ethereum and Solana mainnet to bolster transparency of its wrapped Bitcoin product, 21BTC, according to a Sept. 23 statement.
21.co, the parent company of crypto exchange-traded products issuer 21Shares, has integrated the Chainlink Proof-of-Reserve to enhance the transparency of its wrapped Bitcoin. According to a press release on Sept.
TL;DR 21.co has integrated Chainlink Proof of Reserve on the Solana and Ethereum mainnets to enhance the transparency of its Wrapped Bitcoin (21BTC). 21BTC, launched in May 2024, is a native token fully backed 1:1 by Bitcoin reserves, which are held in cold storage and under institutional custody.
21.co's integration of Chainlink Proof of Reserve enhances blockchain transparency and security, potentially boosting trust and adoption in tokenized assets. The post 21.co adds Chainlink Proof of Reserve for 21BTC transparency appeared first on Crypto Briefing.
A new multi-trillion-dollar market opportunity could send the value of Chainlink soaring.
Chainlink (LINK), the decentralized oracle network, confirms its leadership position in the crypto ecosystem by showing exceptional development activity. According to the latest data from the analysis platform Santiment, Chainlink outperforms all other ERC-20 projects, including Ethereum itself.
The decentralized oracle network Chainlink (LINK) continues to outpace all other ERC-20 projects in terms of development activity, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Chainlink registered 624.
Chainlink saw a massive transfer to the Binance exchange in the last 24 hours, raising speculations about how the price would react.
Chainlink (LINK) recently unlocked and transferred 18.75 million LINK from five non-circulating supply addresses, according to data provided by Etherscan.
Chainlink's price has surprised many with a massive breakout of a 20-month-long consolidation in Q4 2023. Now that the markets are entering the Q4 2024 trade, a similar breakout is expected to occur, but if the token archives certain levels.
LINK's Long/Short ratio currently stands at 1.022, indicating bullish market sentiment among traders.
Chainlink's (LINK) price has risen above $11 following the recent Fed rate cut. This increase has ignited fresh speculation about the coin's short-term outlook.
Chainlink (LINK) has captured the attention of cryptocurrency enthusiasts and analysts alike with its promising potential. As we move into 2024 and beyond, many are asking: Can LINK price reach $100 by 2025?
Trillions of dollars will flow into Web3 once the details of the Internet of Contracts are worked out.
Chainlink (LINK) price has recently witnessed a modest decline. Over the previous few days, despite a generally bullish trend, the price of LINK has been closely interacting with a key support level.
Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the $9.28 support level.
Chainlink (LINK) is making waves in the cryptocurrency world with its recent bullish signals. As the 14th largest cryptocurrency by market cap, LINK is capturing the attention of traders and investors alike.
TL;DR Fireblocks and Chainlink Labs have joined forces to provide a comprehensive solution for the issuance and management of stablecoins, ensuring security and compliance in global transactions. The combined technology will offer a real-time view of assets, reserves, market value, and total supply, spanning multiple blockchains.
The Cross-Chain Liquidity Operator (CCLO) is like a magic bridge that helps Uniswap work better across different blockchain networks. Here's what you need to know about this development for Uniswap and Chainlink.
The partnership is expected to play the vital role of easing the entry of banks and financial institutions into the stablecoin market.
Chainlink Labs and Fireblocks have teamed up to offer a secure and compliant technology solution for financial institutions like banks.
Chainlink Labs joins forces with Fireblocks to advance stablecoin issuance and management among banks and institutions.
Chainlink shows bullish potential with rising liquidity, strong holdings, and support.
Chainlink Labs has inked a strategic deal with Fireblocks to deliver a compliant and secure solution for banks and institutions to issue and use stablecoins across universal financial markets. The move comes after Wenia tapped Chainlink and Fireblocks to launch the COPW stablecoin early in 2024.
Chainlink (LINK) price is currently trading under the $12.35 resistance level, which has been a key barrier in preventing the cryptocurrency from flipping $13.00 into a support floor.
Fireblocks and Chainlink Labs have announced a strategic collaboration to provide banks with a technology solution for issuing and managing regulated stablecoins.
Chainlink Labs and Fireblocks have partnered to create a comprehensive technology solution for banks and financial institutions to issue and manage stablecoins
Chainlink Labs and blockchain company Fireblocks have recently announced plans to merge forces, sparking discussions across the web3 industry. The firms revealed that this collaboration is an effort to aid banks and institutions in seamlessly transacting and issuing stablecoins.
The collaboration could significantly enhance stablecoin adoption and utility in global financial markets, driving innovation and regulatory compliance. The post Chainlink teams up with Fireblocks to offer one-stop solution for stablecoin issuance and management appeared first on Crypto Briefing.
ZKsync announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) on September 16.
CCIP has officially launched on ZKsync Era mainnet, marking a pivotal milestone for the Layer 2 scaling solution.
More than six million Chainlink (LINK) tokens have been pulled from exchanges in the last seven days. This large outflow indicates growing confidence among LINK investors, as many are choosing to keep their assets in private wallets instead of centralized exchanges.
TL;DR Chainlink has launched its Cross-Chain Interoperability Protocol (CCIP) on the ZKsync Era mainnet, marking a crucial advance in cross-chain interoperability. This integration with ZKsync, a Layer 2 scaling solution that uses zero-knowledge (ZK) proofs, enhances security, privacy, and scalability on the Ethereum network.
Decentralized oracle network Chainlink has expanded its cross-chain interoperability protocol to zero-knowledge proofs platform ZKsync. Chainlink (LINK) announced on Sept.
The integration of Chainlink CCIP on ZKsync Era Mainnet enhances cross-chain capabilities, fostering broader blockchain adoption in traditional finance. The post Chainlink CCIP goes live on ZKsync Era Mainnet appeared first on Crypto Briefing.
Chainlink's CCIP goes live on ZKsync, empowers developers to create cross-chain DApps, and fosters greater interoperability.
Get the latest insights into the Solana Ecosystem as we evaluate the potential of 3 promising coins that aim to outperform Chainlink (LINK) and Render. Discover which cryptocurrencies are worth watching.
Sergey Nazarov, the co-founder of Chainlink, has asserted that the market for real-world assets (RWAs) will eventually surpass the cryptocurrency market. Nazarov's vision highlights the potential for RWAs to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi) and suggests that Chainlink is well-positioned to play a pivotal role in this transition.
Is there bullish potential still on LINK's charts?
Chainlink (LINK) price a layer-2 blockchain, is currently trading around key support levels showing slight bullish tendencies. Despite the ongoing struggle between bulls and bears, LINK has been experiencing a bullish trading pattern.
Chainlink's co-founder Sergey Nazarov recently shared his thoughts on the real-world asset industry and how it can eventually surpass the crypto market size. Sergey also believed that Chainlink's technology and its widespread use in RWAs could help create an industry standard.
Take a comprehensive look at this article, as traders gear up for the US Presidential Election with a strategic investment in these five bullish coins. Find out which cryptocurrencies are anticipated to offer stable returns during the uncertain election period.
Soneium, an Ethereum Layer-2 network, has joined Chainlink's Scale program, according to a Sept. 12 statement shared with CryptoSlate.
From concerning on-chain metrics to technical indicators, Chainlink's (LINK) price might encounter a rough path as it aims for a higher value. These warning signs came after the token recently showed readiness to reach $12.
Soneium's integration with Chainlink could significantly enhance blockchain interoperability and scalability, driving broader adoption and innovation. The post Chainlink Data Feeds go live on Soneium's Minato testnet appeared first on Crypto Briefing.
Soneium, an Ethereum Layer-2 (L2) blockchain created to introduce Web3 technologies to Sony Group's vast user base, has partnered with the Chainlink scale program. As part of this collaboration, Soneium will implement Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its primary cross-chain infrastructure.