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(DALL-E/CoinDesk)
Technology
Proof-of-reserves
Chainlink, TrueUSD Start Real-Time ‘Mint Lock’ Verification of Stablecoin Reserves
The key is to get information from the bank account where the stablecoin’s reserves are kept to the blockchain-based smart contract that controls issuance of new TUSD.
(DALL-E/CoinDesk)
By Bradley Keoun
Feb 22, 2023 at 1:00 p.m. UTC
Feb 22, 2023
Proof-of-ReservesChainlinkTrueUSDStablecoins
(Tom/Pixabay)
Tech
Web3
DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin
Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker’s $5 billion DAI stablecoin.
(Tom/Pixabay)
By Krisztian Sandor
Feb 9, 2023 at 5:00 p.m. UTC
Feb 9, 2023
Web3ChainlinkDAODAIStablecoin
StarkWare co-founders CEO Uri Kolodny (left) and President Eli Ben-Sasson (Natalie Schor/StarkWare)
Finance
Chainlink
StarkWare Partnering With Chainlink for StarkNet Growth
The provider of blockchain scaling products will integrate the data provider’s price feeds.
StarkWare co-founders CEO Uri Kolodny (left) and President Eli Ben-Sasson (Natalie Schor/StarkWare)
By Brandy Betz
Feb 6, 2023 at 2:14 p.m. UTC
Feb 6, 2023
Chainlinklayer 2Scalabilitystarknet
Aave is Finnish for "ghost." (MidJourney/CoinDesk)
Tech
Defi
Aave DAO Votes to Integrate Chainlink Proof of Reserves to Tighten Network Security
Although the decentralized lending protocol’s data is inherently on-chain, introducing Chainlink’s PoR would help mitigate the risk of attacks on the Aave protocol.
Aave is Finnish for "ghost." (MidJourney/CoinDesk)
By Cam Thompson
Dec 22, 2022 at 7:03 p.m. UTC
Dec 22, 2022
DeFiWeb3AaveChainlinkProof-of-Reserves
(Augustus Burnham Shute/Wikipedia, modified by CoinDesk)
Finance
Chainlink
Chainlink Whale ‘Oldwhite’ Used More Than 150 Wallets to Avoid Staking Limits
The crypto wallet labeled “Oldwhite” on OpenSea is connected to over 1 million staked LINK tokens, blockchain data shows, even though Chainlink officials tried to get "greater...
(Augustus Burnham Shute/Wikipedia, modified by CoinDesk)
By Sage D. Young
Dec 12, 2022 at 8:22 p.m. UTC
Dec 12, 2022
ChainlinkChainlink LabsStakingWhaleswhale activitiesTradingInvesting
(Akinori UEMURA/Unsplash)
Finance
Chainlink
Chainlink’s First Staking Pool Pulls in $170M of LINK Tokens, Hitting Community Limit After 2 Days
Staking started Tuesday, and 24.27 million LINK tokens were locked in by Thursday to secure the network.
(Akinori UEMURA/Unsplash)
By Sage D. Young
Dec 8, 2022 at 10:08 p.m. UTC
Dec 8, 2022
ChainlinkStakingChainlink LabsCrypto
Chainlink co-founder Sergey Nazarov (Chainlink Labs)
Markets
Chainlink
Chainlink Staking Opens With Initial $51M Inflow
Staking started Tuesday, and 7 million LINK tokens were locked in the first 30 minutes to secure the network.
Chainlink co-founder Sergey Nazarov (Chainlink Labs)
By Camomile Shumba
Dec 7, 2022 at 10:37 a.m. UTC
Dec 7, 2022
ChainlinkChainlink LabsCryptoStaking
Chainlink co-founder Sergey Nazarov (Chainlink)
Tech
Crypto
Blockchain Data Provider Chainlink Launches Staking of Its Native Token LINK
Staking will provide incentives that will enable the Chainlink system to grow, according to co-founder Sergey Nazarov.
Chainlink co-founder Sergey Nazarov (Chainlink)
By Camomile Shumba
Dec 6, 2022 at 5:00 p.m. UTC
Dec 6, 2022
CryptoChainlinkChainlink LabsStaking
(MirageC/Getty Images)
Technology
Ftx
‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX
Several exchanges, including Binance, have announced plans to use the auditing technique to reassure customers.
(MirageC/Getty Images)
By Frederick Munawa
Nov 17, 2022 at 2:48 p.m. UTC
Nov 17, 2022
FTXAuditingBinanceCoinsquareChainlink