Ethereum Sees Sentiment Reversal Among Institutional Investors Amid $2,000,000,000 Monthly Inflows: CoinShares

June 3, 2024 The Daily Hodl

Ethereum Sees Sentiment Reversal Among Institutional Investors Amid ,000,000,000 Monthly Inflows: CoinShares

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Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last month. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products reached $185 million in inflows last week. “Digital asset investment products saw inflows for the 4th consecutive week totaling US $185 million, with May seeing US $2 […]

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US Spot Bitcoin ETFs Face Third Day of Outflows, 5 Million Drained on Monday

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Chainlink co-founder notes importance of oracle networks following NYSE glitch

June 3, 2024 Coin Telegraph

Chainlink

Sergey Nazarov explained how Chainlink could remedy centralized points of failure inherent in centralized information processing systems.

Following a glitch responsible for dropping the listed price of several securities listed on the New York Stock Exchange by up to 99.9%, Chainlink (LINK) co-founder and CEO Sergey Nazarov chimed in and reminded the public that legacy financial systems are prone to critical vulnerabilities as a result of their highly centralized architecture.

In a statement to Cointelegraph, Nazarov explained how Chainlink's oracle network could provide a solution to the vulnerabilities inherent in centralized systems:

"Decentralized oracle networks, which were invented by Chainlink, can mitigate these risks by providing accurate, tamper-proof data. These networks aggregate data from various sources and use consensus mechanisms to validate information, ensuring data integrity and preventing erroneous trades and price manipulations."

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

‘Hundreds of Trillions’– Sergey Nazarov Says 2024 Is Year Crypto and Global Financial System Merge

June 2, 2024 The Daily Hodl

Blockchain

Chainlink (LINK) co-creator Sergey Nazarov says this could be the year that sees a great merger between blockchain and the traditional global financial system. In a speech at the Consensus 2024 conference, Nazarov says the market for on-chain assets is more than $100 trillion. The Chainlink co-creator shares a chart showing that the $2.7 trillion […]

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US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Layer-1 Ethereum Competitor Leads Crypto Space in Terms of Development Activity: Analytics Firm Santiment

June 1, 2024 The Daily Hodl

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New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity. In a new post on the social media platform X, Santiment says that decentralized app protocol Hedera (HBAR) is leading the crypto space in development activity over the last 30 days, overtaking […]

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US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Trader Says Large-Cap Memecoin Could Surge by 140%+, Updates Outlook on Solana, Chainlink and One Ethereum Rival

May 31, 2024 The Daily Hodl

Altcoins

A widely followed analyst and trader is predicting triple-digit gains for a leading memecoin while updating his outlook on three other crypto assets. The trader pseudonymously known as Altcoin Sherpa tells his 216,400 followers on the social media platform X that Dogecoin (DOGE) potentially surging to $0.40, about 147% above the current level, “is one […]

The post Trader Says Large-Cap Memecoin Could Surge by 140%+, Updates Outlook on Solana, Chainlink and One Ethereum Rival appeared first on The Daily Hodl.

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Total Crypto Market Cap Primed To Surge to Over $10,000,000,000,000, Says Chainlink Co-Founder – Here’s How

May 30, 2024 The Daily Hodl

Total Crypto Market Cap Primed To Surge to Over ,000,000,000,000, Says Chainlink Co-Founder – Here’s How

Altcoins

The co-founder of blockchain oracle Chainlink (LINK), Sergey Nazarov, is saying that the crypto industry is in the “early to mid-stage” phase of growth. According to Chainlink co-founder, the total crypto market capitalization could soar by nearly four times from the current level. “The crypto industry in my opinion when it crossed $200 billion got […]

The post Total Crypto Market Cap Primed To Surge to Over $10,000,000,000,000, Says Chainlink Co-Founder – Here’s How appeared first on The Daily Hodl.

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Celo integrates Chainlink’s CCIP interoperability protocol

May 29, 2024 Coin Telegraph

Celo

The Ethereum layer-2 solution is leveraging Chainlink for blockchain interoperability and real-world price data.

On May 29, Ethereum layer-2 network Celo announced the integration of Chainlink’s CCIP protocol for cross-chain interoperability.

Celo’s executive director, Eric Nakagawa, issued a statement following the deployment of CCIP on Celo: “Canonical cross-chain infrastructure can accelerate the long-term growth and adoption of the Celo ecosystem.” Nakagawa added, “As the only interoperability solution achieving level 5 cross-chain security, CCIP provides a great option for developers, founders, and the wider community to consider and adopt.”

Cross-chain interoperability continues to be a core focus of the blockchain industry as real-world asset tokenization is poised to become the next major frontier for growth.

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Analyst Says Blue-Chip Ethereum Rival Could Explode by up to 237%, Updates Outlook on Pepe, Floki and Chainlink

May 23, 2024 The Daily Hodl

Altcoins

A closely followed crypto strategist believes that a top Ethereum (ETH) rival could go on an explosive rally of more than 230%. Pseudonymous analyst Inmortal tells his 213,800 followers on the social media platform X that Solana (SOL) could reach a new all-time high (ATH) by the end of the summer. “1. New ATH by […]

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US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Arta TechFin, Chainlink expand partnership to tokenize real-world assets

May 21, 2024 Coin Telegraph

Chainlink

Arta TechFin, a Hong Kong-based asset manager, and Chainlink are exploring solutions to tokenize real-world assets like real estate.

Real-world asset tokenization is reportedly the next big frontier for the blockchain industry, and Chainlink continues to expand global partnerships with an emphasis on real-world asset tokenization and cross-chain transactions.

On May 21, The world’s largest blockchain oracle network announced that it is broadening its partnership with Arta TechFin, a Hong Kong-based asset manager and financial services company, to bring real-world assets on-chain.

Arta Techfin’s CEO, Eddie Lau, said the partnership “aims to satisfy market scarcity for an end-to-end solution that addresses pain points from off-chain primary origination and secondary trading to enhanced product integrity.”

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data

May 20, 2024 Bitcoin.com

bitcoin.com

The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted data to blockchain ecosystems, facilitating more efficient data dissemination and consumption. Chainlink Boosts DTCC’s Smart NAV Pilot DTCC’s Smart […]

Chainlink

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