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Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such as Apple, Amazon, and Microsoft in a blockchain environment. The … Read more
Mastercard and blockchain infrastructure provider Chainlink have partnered to enable the payment network’s over 3 billion cardholders to purchase cryptocurrency assets directly onchain via secure fiat-to-crypto conversion. New Partnership Lets Mastercard Holders Buy Crypto Directly Onchain Using Chainlink Chainlink provides decentralized oracle networks, which are critical middleware securely connecting blockchains to external data and systems. … Read more
Chainlink’s blockchain protocol facilitated a simulated exchange between Hong Kong’s prototype central bank digital currency (CBDC) and an Australian dollar stablecoin in Phase 2 of the e-HKD+ Pilot Programme. Chainlink Enables Direct e-HKD to Australian Stablecoin Exchange in Test The Hong Kong Monetary Authority (HKMA) initiative involves Visa, ANZ, Fidelity International, and ChinaAMC Hong Kong … Read more
Chainlink’s CCIP is now live on Solana, enabling cross-chain transfers between Solana and major blockchains like Ethereum and BNB Chain. Chainlink’s Cross-Chain Protocol Goes Live on Solana Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now operational on Solana, marking its first deployment on a non-Ethereum Virtual Machine (EVM) blockchain via the v1.6 upgrade. The integration aims … Read more
Chainlink has announced the launch of Chainlink Rewards, a new community engagement program aimed at incentivizing participation. In collaboration with Space and Time, a member of the Chainlink Build program, the initiative will make 4% of Space and Time’s total SXT token supply, amounting to 200 million SXT, available to eligible LINK Stakers. The first … Read more
Paypal has announced the expansion of its cryptocurrency offerings with the addition of chainlink (LINK) and solana ( SOL) for users of both Paypal and Venmo. Starting in the coming weeks, users will be able to buy, hold, sell, and transfer these new tokens directly within their accounts. May Zabaneh, Vice President of Product for … Read more
While Chainlink ($LINK) makes its way through the ups and downs of the cryptocurrency market, we have some fresh data that gives us a clearer look at the cost basis distribution of the LINK token. By examining the distribution of purchase prices held largely by long-term investors, two key price points seem to stand out … Read more
Having undergone a short retracement in the past few days, Link faced rejections two days ago and lost grip on the daily scale. It joined the latest market dip and registered an 8% loss in the past hours. The past three weeks saw Link through a bit of suspense in short-term bearish, but it appears … Read more
Chainlink is a decentralized oracle network that connects blockchain smart contracts with real-world data, enabling applications in decentralized finance (DeFi), gaming, and enterprise solutions through its native token, LINK. Understanding Chainlink: How Its Oracle Network and LINK Token Work Blockchain technology revolutionized digital agreements through smart contracts—self-executing code that automates processes without intermediaries. However, a … Read more
In a dramatic series of trades, a certain crypto trader who is quite prominent, and who is known for using high leverage, has notably and aggressively taken long positions in $LINK on various platforms and invested a total of over 12 million USDC in spot and futures positions. These trades reflect both a bullish outlook … Read more