Tag Archives: Chainlink

Prices for Chainlink’s LINK token have skyrocketed over 19% in the past 24 hours propelling it to a new all-time high. From an intraday low of just below $20, LINK has surged to reach its highest ever price of $23.60 according to Tradingview.com.Chart – Tradingview.com@chainlink has solved the biggest challenge for the implementation of smart contracts – connecting blockchains to real world data. $LINK price is $23.55 $USD – 24hr volume of $2.52 Billion $USD. $LINK is up 17.20% in 24 hours....

This week was very intensive in the cryptocurrency market. It’s perhaps safe to say that it was among the most tumultuous ones we’ve had in the last few months.Everything started calmly, and during the weekend, the price hit an all-time high value of $42,000. The excitement was short-lived, as immediately after that, bitcoin went in the opposite direction and started to decline. It wasn’t until Monday, however, when things took a turn for the worst.Bitcoin’s price lost around $12,000 in what...

Chainlink has just received another endorsement —this time on behalf of the largest cryptocurrency exchange in the ecosystem: BinanceBinance announced the successful integration between the decentralized oracle platform Chainlink and its smart contract blockchain, Binance Smart Chain.The integration is on a root level; that is, the Oracles would need no support for the Ethereum network since they would be running directly on the Binance Smart Chain. This constitutes a significant advance in...

Global cryptocurrency exchange and digital asset management platform Bitrue has moved to strengthen the security of its daily XRP raffles by integrating Chainlink technology.Bitrue Implements Chainlink VRFChainlink’s Verifiable Randomness Function (VRF) was selected specifically by the Bitrue team to add tamper-resistant transparency to its daily random number lottery, where users can win a share of a 240,000 XRP prize pool.Using Chainlink VRF, every random number generated by users on the...

One of the more popular networks, Matic, has announced that it’s been successful in deploying Chainlink feeds as their recommended oracle solutions for developers.As such, it has become the second network after Ethereum to actively integrate Chainlink Price Feed oracles.Matic and Chainlink: Active Data FeedsIn a press release shared with CryptoPotato, Matic Network revealed that it has become the second blockchain outside of Ethereum to successfully deploy active Chainlink price feed...

Decentralized finance (DeFi) has grown exponentially this year and is becoming more popular on a regular basis.DeFi Is Heading for the StarsOne of the big things behind the growth of DeFi is Chainlink, which has become one of the largest cryptocurrencies available in the digital world today. At one point, Chainlink (LINK) was in 12th place when it come to the arena’s largest digital assets, but now, the currency has a total market cap of several billion and has moved into fifth place, marking...

The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ, EOS, ADA In an early morning blog announcement today, the Seychelles-based futures exchange said that it plans to...

Framework Labs, which is associated with the investment firm Framework Ventures, has recently socked away roughly $8 million thanks a new seed funding round led by some of the biggest names in the industry. Among the companies to take part in the funding round are Station 13.Framework Labs Is Taking DeFi to a New LevelAs a branch of Framework Ventures, Framework Labs is operated by Michael Anderson and Vance Spencer. The company is seeking to increase investors’ knowledge of the DeFi...

IOV Labs has announced the integration of RIF Gateways & Chainlink’s decentralized blockchain oracles into its ecosystem, thus enabling developers to access critical price feeds and data resources generated outside the blockchain network.Decentralized Oracles on Top of Bitcoin’s NetworkThe firm’s smart contract platform, the RSK Network, is designed to leverage Bitcoin’s hash power while extending its capabilities. Simultaneously, the decentralized infrastructure protocols of  RIF’s...

Bitcoin had a rather unproductive week of trading as it declined from about $17,750 to where it’s currently at $11,500, losing about 2% in the process.However, the last seven days were not without their highlights. Just yesterday, the US Federal Reserve’s Chairman, Jerome Powell, announced a historic shift in the institution’s approach towards inflation average targeting, and the markets reacted. Bitcoin shot up from about $11,300 to $11,600, following gold and silver, as well as stocks. The...