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Coinbase Cloud to Boost Security and Reliability of Chainlink Oracle Network as New Node Operator

Coinbase Cloud has partnered with Chainlink to enhance the security and reliability of the blockchain oracle network. As a new node operator, Coinbase Cloud will utilize its global infrastructure and expertise in managing blockchain data to improve the decentralization of the Web3 ecosystem.

The Chainlink network connects smart contracts on different blockchains to data and systems, and its decentralized price feeds secure an estimated $22 billion in value locked in DeFi protocols. Coinbase Cloud's involvement will contribute to the advancement of decentralized applications and propel the blockchain industry to new heights.

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