Chainlink

Vertex Protocol, a decentralized trading platform, has integrated Chainlink Data Streams on the Arbitrum network. This integration aims to enhance the platform's ability to liquidate undercollateralized positions and calculate funding rates more efficiently. Chainlink Data Streams is a technology that enables real-time data delivery to blockchain applications, potentially improving the trading experience for users by making it safer, faster, and more user-friendly.

Programmer Smart has released the second part of their Chainlink Functions tutorial series. This installment focuses on using Chainlink Functions to query data from the OpenWeatherMap API directly from a smart contract. The tutorial includes a video walkthrough demonstrating the process.

Financial institutions are exploring the potential of a unified golden record for tokenized assets, enabled by Chainlink technology. This approach aims to provide a comprehensive and transparent view of digital asset holdings, allowing for proactive monitoring and management. By eliminating information silos and opaqueness, it could help mitigate systemic risks in the financial sector. Sergey Nazarov, a prominent figure in the space, highlighted the benefits of this solution in detecting and addressing issues related to asset management.

Eigenpiexyz_io, Cakepiexyz_io, and Radpiexyz_io are utilizing Chainlink's Cross-Chain Interoperability Protocol (CCIP) to facilitate next-generation, cross-chain use cases. The Magpiexyz_io team has shared their experience leveraging the industry-standard cross-chain protocol.

Chainlink Labs has formed a strategic alliance with Cyfrin Audits. This partnership aims to provide Chainlink's ecosystem members with access to high-quality public and private audits, facilitating the development and scaling of advanced decentralized applications (dApps) that drive Web3 adoption. The collaboration between these two entities is expected to enhance the security and reliability of Chainlink's offerings.

Chainlink Labs has formed strategic partnerships with Cyfrin Audits and FuzzLand. The alliance with Cyfrin Audits aims to provide Chainlink BUILD members access to high-quality public and private audits, facilitating the development and scaling of secure decentralized applications. Additionally, the collaboration with FuzzLand enables Chainlink BUILD members to leverage FuzzLand's on-chain contract security platform, allowing projects to accelerate development while maintaining security standards.

Sandy Kaul of FTI Global emphasized the importance of engaging with the ecosystem as the first step for banks and asset managers looking to get started with tokenization. Tokenization involves representing assets on blockchains, enabling the development of decentralized applications (dApps) that could drive Web3 adoption.

Stader Labs, a liquid staking protocol with over $600 million in total value locked (TVL), has integrated the Cross-Chain Interoperability Protocol (CCIP) across Ethereum and Arbitrum networks. This integration enables cross-chain transfers of Stader's liquid staking token, ETHx. Additionally, Stader is sponsoring the ETHx/ETH Chainlink Price Feed on the Ethereum network.

Ari Juels, Chief Scientist at Chainlink Labs, appeared on CNBC to discuss the potential of combining artificial intelligence (AI) and blockchain technology. He suggested that AI could be instrumental in making blockchain technology more accessible to a wider range of users. Chainlink is a decentralized oracle network that connects real-world data and systems to blockchain networks, enabling the development of advanced decentralized applications (dApps) that drive Web3 adoption.

Chainlink, a leading decentralized oracle network, has announced several initiatives aimed at enhancing the adoption of digital assets. The company is offering industry-standard services such as Price Feeds, Proof of Reserve, and more. Additionally, Chainlink has released the Chainlink DeFi Yield (CDY) Index, which provides insights into the decentralized finance (DeFi) ecosystem. The company encourages users to examine the prominent developments in Q1 2024 and explore how the CDY Index can unlock DeFi insights.