Chainlink

Chainlink (LINK) was launched in 2017 by Sergey Nazarov and Steve Ellis as a decentralized oracle network that connects smart contracts with real-world data, enabling blockchain applications to access off-chain information like price feeds, weather data, and sports scores. As the infrastructure layer bridging blockchains with external systems, Chainlink has become essential to the DeFi ecosystem by providing reliable, tamper-proof data that powers lending protocols, derivatives platforms, and automated trading systems.

The Chainlink ecosystem consists of thousands of independent node operators who earn LINK tokens for delivering data, alongside a growing network of data providers, blockchain integrations, and enterprise partnerships. Major DeFi protocols like Aave, Compound, and Synthetix rely on Chainlink's price feeds, while traditional companies including Google Cloud, Oracle, and SWIFT have explored integrations with Chainlink's oracle services.

At CoinDesk, we provide in-depth Chainlink news coverage tracking oracle network expansions, enterprise partnerships, and the critical role of reliable data infrastructure in blockchain adoption. Our reporting covers everything from new Chainlink integrations and LINK tokenomics to the broader implications of oracle technology for Web3 development and traditional finance integration.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

Chainlink's LINK Token Taps 22-Month High of $18, Ending Three-Month Breather

Analysts consider LINK as the safest bet to profit from the tokenization narrative.

By Omkar GodboleFeb 2, 2024

Tech

Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers

The integration allows developers to build cross-chain use cases via Chainlink's CCIP that involve multichain transfers of Circle's USDC stablecoin.

By Lyllah LedesmaJan 16, 2024

Chainlink co-founder Sergey Nazarov speaks at the project's SmartCon conference in Barcelona. (Chainlink)

Tech

Chainlink Data Feeds Available on Polygon zkEVM

Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications.

By Margaux NijkerkDec 14, 2023

Sergey Nazarov Chainlink Co-founder (Chainlink Labs)

Tech

Chainlink Staking Program Quickly Pulls in $600M, Hitting Limit; LINK Jumps 12%

The blockchain-oracle project's "v0.2" staking program expanded the capacity to 45M LINK tokens from 25M, and the portion reserved for the community quickly filled up. The LINK token surged in price.

By Camomile ShumbaDec 8, 2023

Tech

Pyth Oracle Network Brings Industry Heavyweights Into Governance Post-Airdrop

The low-latency oracle network's new "strategic partners" include Castle Island Ventures, Multicoin Capital and Wintermute Ventures. They could play a major role in shaping how the platform evolves.

By Sam KesslerDec 5, 2023