bitcoin
Bitcoin (BTC) $ 67,628.12
ethereum
Ethereum (ETH) $ 3,540.30
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 598.81
xrp
XRP (XRP) $ 0.593641
cardano
Cardano (ADA) $ 0.436726
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.541861
binance-usd
BUSD (BUSD) $ 0.998377
dogecoin
Dogecoin (DOGE) $ 0.134769
okb
OKB (OKB) $ 43.07
polkadot
Polkadot (DOT) $ 6.37
shiba-inu
Shiba Inu (SHIB) $ 0.000018
tron
TRON (TRX) $ 0.134576
uniswap
Uniswap (UNI) $ 8.01
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,685.13
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 73.70
staked-ether
Lido Staked Ether (STETH) $ 3,536.52
solana
Solana (SOL) $ 174.08
avalanche-2
Avalanche (AVAX) $ 28.84
chainlink
Chainlink (LINK) $ 14.24
cosmos
Cosmos Hub (ATOM) $ 6.56
the-open-network
Toncoin (TON) $ 7.33
ethereum-classic
Ethereum Classic (ETC) $ 24.18
leo-token
LEO Token (LEO) $ 5.70
filecoin
Filecoin (FIL) $ 4.75
bitcoin-cash
Bitcoin Cash (BCH) $ 397.96
monero
Monero (XMR) $ 164.19
bitcoin
Bitcoin (BTC) $ 67,628.12
ethereum
Ethereum (ETH) $ 3,540.30
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 598.81
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.593641
binance-usd
BUSD (BUSD) $ 0.998377
dogecoin
Dogecoin (DOGE) $ 0.134769
cardano
Cardano (ADA) $ 0.436726
solana
Solana (SOL) $ 174.08
matic-network
Polygon (MATIC) $ 0.541861
polkadot
Polkadot (DOT) $ 6.37
tron
TRON (TRX) $ 0.134576

Celo integrates Chainlink’s CCIP to boost cross-chain functionality

Must Read

Ethereum layer-2 blockchain Celo has introduced right now the mixing of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for multichain performance. In line with the announcement, this motion brings a excessive stage of safety and reliability to Celo’s ecosystem.


The Celo neighborhood’s endorsement has been pivotal, beforehand resulting in Celo’s participation within the Chainlink SCALE program. This collaboration offered Celo with superior technical help and improved entry to Chainlink’s choices.

“We’re excited for Celo to natively combine Chainlink CCIP as its canonical cross-chain infrastructure,” mentioned Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs. “Safe interoperability powered by CCIP will empower Celo builders and customers to take full benefit of the multi-chain panorama and speed up the adoption of Celo and its ecosystem.”

Chainlink’s CCIP provides a wide range of token switch mechanisms, similar to burn/mint and lock/mint, facilitating numerous functions and use instances. CCIP’s implementation on Celo has already facilitated over $10.5 trillion in transaction worth, reaching the best tier of cross-chain safety.

Sapphire

The mixing additionally introduces the Threat Administration Community, an unbiased community that displays cross-chain operations to stop faulty exercise. That is essential because the trade has seen over $2.8 billion exploited resulting from insecure cross-chain infrastructures.

“Canonical cross-chain infrastructure can speed up the long-term development and adoption of the Celo ecosystem,” Eric Nakagawa, Govt Director at Celo. “As the one interoperability answer reaching stage 5 cross-chain safety, CCIP offers an important choice for builders, founders, and the broader neighborhood to contemplate and undertake.”

One other latest improvement involving Chainlink and an Ethereum layer-2 blockchain was the mixing of the Features providers by Base. Features enable good contract builders to entry trust-minimized compute infrastructure.

Furthermore, Chainlink not too long ago concluded a pilot undertaking with the Depository Belief and Clearing Company (DTCC) referred to as Good NAV, as reported by Crypto Briefing. Good NAV included individuals similar to JPMorgan, Franklin Templeton, BNY Mellon, and State Avenue, who explored a digital extension to DTCC’s Mutual Fund Profile Service (MFPS I) to leverage distributed ledger know-how (DLT) for knowledge dissemination and consumption.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

How powerful are AI-based multi-strategy trading models?

The cryptocurrency market is thought for its volatility and inefficiencies. These inefficiencies current quite a few revenue alternatives, however...
- Advertisement -

More Articles Like This