Chainlink staking early access went live on Dec. 6, and over $75 million worth of LINK tokens have been staked in the first 24 hours, according to Etherscan data. Chainlink staking is live. According to the announcement, staking is integral to Chainlink Economics 2.0. Through staking, community members and node operators can earn 4.75% rewards…
Synthetix is a financial primitive enabling the creation of synthetic assets, offering derivatives and exposure to real-world assets on the blockchain. A synthetic asset, in turn, is simply a tokenized derivative that mimics the value of another asset. A spot exchange-traded fund, or ETF, is a typical example of a synthetic asset that could represent…
According to a recent CNBC analysis, eight of the highest-ranked politicians in the US or their immediate family have traded crypto over the past year–with bets spanning from $1,000 to $100,000. Altogether seven Republicans disclosed buying or selling crypto, including Senator Pat Toomey of Pennsylvania. Meanwhile, only one Democrat reported a trade–Representative Marie Newman of…
Celsius announced integrating Chainlink Proof of Reserve (PoR) to enable the creation of auditable and highly secure cross-chain wrapped tokens. With this integration, the popular lending platform that enables users to earn interest on deposited crypto will successfully bridge wrapped versions of Cardano, Dogecoin, and Ethereum to the Polygon mainnet. Chainlink is a blockchain-agnostic protocol…
Dez Bryant’s Personal Corner recently announced the launch of dynamic NFTs that will change based on a specific athlete’s stats, such as touchdowns, interceptions, tackles, sacks, and more–with support from Chainlink Sports Data Feeds. The one-stop platform was founded by the former Dallas Cowboys wide receiver as a unified marketplace for all personally branded items–helping…
During the past year, the increasing adoption of Chainlink Data Feeds was accompanied by the network’s release of new computation-based services–leading to a surge in the total number of integrations. Powering hybrid smart contracts, the blockchain-agnostic protocol leverages the largest collection of decentralized services–supporting over 700 oracle networks. Integrations across Layer 1s and Layer 2s…
Ethereum‘s largest staking platform, Lido, recently announced adopting stETH/USD Chainlink Price Feed. stETH is the platform’s tokenized form of staked Ethereum, that combines the value of the staked deposit with staking rewards. The next wave of integrations for Lido’s staked asset “Lido is excited to announce that we are now sponsoring the first in a…
The world’s largest digital currency asset manager, Grayscale Investments, recently announced the launch of its sixteenth investment product that will be tracking the performance of Solana. Often referred to as one of the “Ethereum killer” networks, the Proof of History (PoH) blockchain built by Solana Labs gained traction by leveraging fast transactions at low cost…