How Chainlink 2.0 Will Expand The Reach for DeFi and Smart Contracts

Chainlink the Whitepaper for its second iteration. Chainlink 2.0 has been created to allegedly take the “next steps in the evolution of decentralized oracle networks”. With one of the most used applications in DeFi, these protocols need oracles to feed them with off-chain information. In the new iteration, Chainlink could go beyond, as the document… Continue reading How Chainlink 2.0 Will Expand The Reach for DeFi and Smart Contracts

Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA

According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020. This shows that institutional interest is on the rise but the quarter-on-quarter growth has slowed down from the 240% recorded in Q4 2020.  As Bitcoin price moves higher, more funds… Continue reading Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA

How Chainlink will help secure Polkadot’s environment

Polkadot has integrated with Chainlink to incorporate its oracle service into its multi-chain environment. Thus, the different teams building on Polkadot will be able to count on a “flexible and reliable” solution to feed parachains with information. Chainlink Price Feeds have been enabled as a Substrate Oracle pallet and can be accessed by any other… Continue reading How Chainlink will help secure Polkadot’s environment

Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA

According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion.  The bank said, “any such crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin… Continue reading Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA

What Is Chainlink: Your All-in-One Guide

Connecting the on-chain and off-chain worlds has been a persistent problem for the burgeoning blockchain-cryptocurrency industry. By innovating what is known as Oracles, Chainlink promises to resolve this issue for good.  To be optimally relevant for day-to-day purposes, blockchain-based smart contracts, dApps, and crypto-assets need to interact with the external world. The seamless exchange of… Continue reading What Is Chainlink: Your All-in-One Guide

Chainlink’s Hackathon offers $125K in bounties, LINK going to $100?

With a start date of March 15th, The Spring 2021 Chainlink Virtual Hackathon records more than 3,500 participants. According to an official post, the participants are “building the next generation of smart contracts”. The event will end on April 11th. However, those who wish to claim the $125,000 will have until today to register and… Continue reading Chainlink’s Hackathon offers $125K in bounties, LINK going to $100?

Chainlink (LINK) Price Analysis – March 30, 2021

Due to its decline in market value, Chainlink has been pushed out of the list of top ten cryptocurrencies by CoinMarketCap. Chainlink (LINK) currently is ranked No.11 with a market cap of $11,703,931,788.  However, it still provides generous returns for investors, which has risen by 1,285.5% within one year.  Although Chainlink is down nearly 24% from its… Continue reading Chainlink (LINK) Price Analysis – March 30, 2021

Report: Chainlink May Eventually Eclipse Bitcoin

Advertisement &  &  Chainlink is making waves in the crypto and blockchain industry, and now a report by Citi Group is suggesting something even more interesting. According to the report released earlier in the week, Chainlink is on its way to dethroning Bitcoin as the most prominent blockchain network. The report goes on to opine… Continue reading Report: Chainlink May Eventually Eclipse Bitcoin

Chainlink rolls out OCR system upgrade, reducing gas costs tenfold

Chainlink (LINK) has launched a major upgrade for its oracle network, dubbed Off-Chain Reporting, or OCR. The upgrade was announced on Wednesday, though the implementation has been live for some time already. OCR changes how data across multiple sources is joined together by the oracle network. Previously, the process of aggregating different readings of the… Continue reading Chainlink rolls out OCR system upgrade, reducing gas costs tenfold