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.

Finance

Chainlink Price Feeds Now Available on Optimistic Ethereum

The feeds will be native to Optimistic Ethereum, providing developers with low-cost price updates in real time.

By Jamie CrawleySep 1, 2021

https://pxhere.com/en/photo/1218772

The image is released free of copyrights under Creative Commons CC0.

You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required.

Markets

Bitcoin Little Changed Above $44K Despite Hack of Japan's Liquid Exchange

"We still have support at $44,000 and $42,000, which is the line in the sand for short-term momentum," one investment officer said.

By Sebastian SinclairAug 19, 2021

Markets

Chainlink Oracles Become Available on Ethereum Scaler Arbitrum One

U.S. dollar-denominated price feeds are available now, with support for new price pairs to follow.

By Jamie CrawleyAug 12, 2021

John William Waterhouse, "Consulting the Oracle"

Videos

Chainlink Integrates Weather Data From the Google Cloud

Chainlink, a leading provider of data feeds to blockchain-based smart contracts, has now fully added decentralized weather data from the Google Cloud. "The Hash" squad discusses the implications for Chainlink's "sophisticated integration of data into decentralized systems" as the latest example of the real-world meeting blockchain technology.

Aug 9, 2021