Telefónica Partners with Chainlink to Provide Added Security to Blockchain Transactions in Brazil
Telefónica, one of the world's largest telecommunication services providers, is teaming up with Chainlink to provide an added layer of security to blockchain transactions. The partnership will focus on preventing Web3-related hacks and exploits, including "SIM Swap" attacks, and will provide security for smart contracts that connect with other APIs on the GSMA Open Gateway. The first use case of the initiative will be to prevent "SIM Swap" attacks in Brazil, where Telefónica will introduce the first GSMA Open Gateway API. The collaboration marks a significant step in integrating Telco capabilities into the blockchain industry and enhances the functionality and security of Web3 applications.
A certain LINK whale is suspected of adding nearly 70,000 LINK, and its total holdings are tentatively reported at 270,000 LINK.
As monitored by on-chain data analyst @ai_9684xtpa, a certain LINK whale deposited 400 ETH to Binance four hours ago, and transferred out 69,999 LINK from Binance five minutes ago, worth $1.24 million, with a purchase price of $17.7; currently holding a total of 270,000 LINK.
LINK worth $287 million was transferred to Binance after being unlocked 3 hours ago
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:
Chainlink now provides DAI/USD price feed service for Scroll
Oracle project Chainlink announced that it has now provided DAI/USD price feed services for Ethereum scaling project Scroll.
Seven Key Cross-Chain Bridge Vulnerabilities Explained
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.
Chainlink Automation Is Now Live on Base
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 integrates with Circle’s CCTP protocol for cross-chain USDC transfers
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.
Abyss World joins the Chainlink BUILD program and becomes the first 3A game project in the program
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.
Chainlink Automation 2.0’s Verifiable Compute—A Leap Forward for Web3 Computation
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.
A giant whale pledged 44,000 LINK for Chainlink v2.0 and transferred 303,000 LINK
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.
