According to Spot on Chain monitoring on February 3, 19 million LINK tokens (equivalent to approximately 341 million US dollars) were unlocked from the Chainlink: Non-Circulating Supply contract three hours ago, including:

Oracle project Chainlink announced that it has now provided DAI/USD price feed services for Ethereum scaling project Scroll.

While it’s undeniable that cross-chain is critical for unlocking exponential innovation in Web3, it also introduces a potential attack vector for malicious actors. In the software industry, many developers subscribe to the motto “move fast and break things.” But when it comes to cross-chain security and the safety of billions—and eventually trillions—in user funds, the opposite is true: If you move too fast, things break.

January 23, 2024 -- Today, the industry standard Chainlink Automation has gone live on Base—a fast and highly scalable layer-2 blockchain incubated by Coinbase and secured by Ethereum. This integration provides Base developers with verifiable, decentralized, and gas-efficient smart contract automation capabilities.

Chainlink is integrating Circle's cross-chain transfer protocol (CCTP) with its CCIP system. The company will use CCTP to handle the transfer of the USDC stablecoin across different blockchains. Chainlink stated that utilizing these two technologies will open up new use cases for stablecoins in payments and DeFi. CCTP is available on seven networks: Arbitrum, Avalanche, Base, Ethereum, Noble, OP Mainnet, and Polygon PoS.

According to Chainlink's official announcement, Web3 metaverse game matrix Abyss World has joined the Chainlink BUILD program and will receive comprehensive strategic support from Chainlink. At the same time, Abyss World is also the first AAA game ecology supported by Chainlink BUILD.

Since its initial launch, the focus for Chainlink Automation has been on developing new features and introducing new sets of triggers that enable developers to build novel onchain applications without having to create and manage supporting infrastructure. With this focus, Chainlink Automation has helped bring reliable and decentralized automation to a wide variety of smart contract automation use cases.

According to the blockchain analyst @ai_9684xtpa, the golden finance reported that the whale who bought 350,000 LINK in 2019 has a floating profit of 3.89 million US dollars, with a cost of only 3.34 US dollars. The address distributed 44,000 LINK to three addresses for participation in the Chainlink v2.0 pledge activity, and transferred 303,000 LINK to address 0xf3E...cdF09 (worth 4.38 million US dollars) one hour ago, with no current operations.

DeFi oracle service Chainlink has released its 2023 data, which shows that the total transaction value (TVE) of blockchain projects using Chainlink services, such as Arbitrum, Polygon, and Optimism, has exceeded $9.3 trillion, the supported real-world asset (RWA) scale has exceeded $5.1 billion, the number of projects within the ecosystem has reached over 2,000, and the LINK staking amount in the Staking v0.2 community pool has reached 40.875 million. In addition, Chainlink also disclosed that it has over 85 members and more than 11.5 billion data points delivered on-chain.

When selecting a blockchain interoperability solution, security should be the number one priority for everyone from top-tier protocols to world-leading financial institutions. As asset managers and banks increasingly tokenize real-world assets, the importance that end-users place on cross-chain security will only grow. In this post, we explore several industry best practices for selecting and integrating a cross-chain solution.