Ronin Validators Adopt Chainlink's CCIP for Enhanced Bridge Security
The Ronin network has officially adopted Chainlink's Cross-Chain Interoperability Protocol (CCIP) after receiving approval from its validators.
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The Ronin network has officially adopted Chainlink's Cross-Chain Interoperability Protocol (CCIP) after receiving approval from its validators.
Ronin said the Chainlink CCIP integration would reinforce its bridge's security and free up resources to accelerate Its adoption.
"Security was the number one most important factor," said Phuc Thai, Head Researcher at Ronin developer Sky Mavis.
Ronin Network's integration of Chainlink CCIP enhances security, potentially accelerating Web3 gaming adoption and multi-chain ecosystem growth. The post Ronin Network adopts Chainlink CCIP to strengthen cross-chain security appeared first on Crypto Briefing.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Linea integrates Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enhance security and functionality in cross-chain applications, expanding the multi-chain ecosystem.
Amid the ongoing uncertain cryptocurrency market sentiment, Chainlink (LINK) is poised for a price decline as it has formed a bearish price action pattern on its daily time frame. In addition to LINK's bearish outlook, its price has started declining alongside other major cryptocurrencies.
IDA Finance collaborates with Chainlink to enhance transparency and cross-chain interoperability of HKDA.
IDA plans expand its business offerings with the launch of a US-dollar backed stablecoin after the successful launch of HKDA.
IDA Finance's use of Chainlink Proof of Reserves and CCIP products aims to boost cross-chain operability and asset security.
Chainlink (LINK), one of the most promising projects in the crypto space, is attracting renewed attention as market analysts predict a potential price surge. A leading crypto analyst, known as Investor Reality, has predicted that Chainlink's market cap could climb to $100 billion by the second quarter of 2025, which would send its price soaring to $159.54.
The layer two platform Linea has teamed up with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability.
An analyst predicts Chainlink could reach a $100 billion market cap by Q2 2025, potentially pushing LINK's price to $159.54 based on current supply figures.
Chainlink price continues to bounce between $10.25 and $12.38 as investors make this the new accumulation zone. The crypto asset has a huge potential to turn the industry around, and market analysts believe it could surge to a $100 billion market cap.
Chainlink is quite the buzzword in cryptocurrency land. Well-known expert Michael Van De Poppe has described it as a “lifetime opportunity.
The crypto market contains millions of cryptos, making it an industry of $2.16T. Not only that, it processes $62 Billion worth of transactions in 24 hours, but calling one specific cryptocurrency a once-in-lifetime opportunity is a big deal.
Chainlink is currently trading in a bullish pattern that has been developing for at least seven months, capturing the attention of analysts and investors alike. Many are eagerly anticipating Chainlink to surge during this cycle and finally reclaim new all-time highs.
LINK seeks long-term value growth through institutional presence, but this may not materialize in the current cycle.
Chainlink (LINK) has seen a 14% decline in value over the past seven days, mirroring the broader market downtrend. This double-digit drop has pushed Chainlink's price below critical support levels, making it difficult to regain upward momentum without new demand entering the market.
World Mobile Token, an avant-garde project in the decentralized telecommunications sector, has recently announced a strategic partnership with Chainlink, one of the global leaders in blockchain technology, to integrate the Cross-Chain Interoperability Protocol (CCIP).
Chainlink (LINK) is currently experiencing its share of ups and downs. Despite a recent downturn, there are promising signs that LINK might be on the verge of recovery.
Chainlink (LINK) price has seen a significant drop, mirroring broader market downturns. Currently, LINK is trading beneath important support levels, signaling a strong bearish trend.
The market is heavily influenced by broader geopolitical and economic factors, particularly the ongoing tensions in the Middle East and upcoming U.S. economic data. Despite some minor price movements, Bitcoin hasn't shown significant momentum, with key levels at $62,400 needing to be reclaimed for a bullish trend.
Multiple indicators suggest that LINK is primed for a significant market move.