Wyoming's Frontier Stable Token, the first US state-issued fiat-backed stablecoin, is moving its cross-chain infrastructure from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) following a security review. Initially, LayerZero was chosen after a thorough vendor evaluation, powering the token across multiple blockchains. The shift to Chainlink's CCIP, which uses Chainlink's decentralized oracle network, marks a significant change in the token's interoperability approach. This move aims to enhance security and maintain the token's usability across various blockchain networks.
Bitcoin's price remains stable around $64,261 with minimal gains, while whale wallets and exchange outflows indicate accumulation rather than selling. Miner reserves are steady, supporting a neutral to positive market outlook despite limited price mo...
Chainlink (LINK) has risen to $9.64, its highest since May 27, driven by a 15.1% weekly gain and strong whale accumulation with unique holders reaching a record 3.96 million. Despite trading 81.89% below its 2021 peak, analysts see LINK at a generati...
Chainlink (LINK) is trading around $9.49 with a 1.31% gain and a $7.1 billion market cap, showing signs of a bullish pennant pattern that could push prices toward $10. Institutional interest is growing, highlighted by Bitwise's acquisition of 171,870...
Chainlink has seen renewed institutional interest with Spot ETFs recording net inflows for two consecutive days, totaling over $3.5 million recently. Bitwise led this demand by purchasing 171,870 LINK worth $1.7 million, increasing its holdings to 3....
Bitcoin paused around $64,000 after a rally from $62,600, slipping 0.6% amid a broader market pullback driven by rising U.S. Treasury yields and oil prices, which rose to $94 per barrel after a U.S.-Iran ceasefire expired. The Federal Reserve's July ...
