Overall the crypto market stood at US$1.74 trillion, down 0.4 per cent from 24 hours ago.īitcoin was up 1.8 per cent to US$36,900, while Ethereum was down 0.7 per cent to US$2,396. “The Chainlink oracle network can serve as a neutral and open layer that connects the world’s blockchains and I look forward to contributing to this vital piece of interoperability infrastructure.”Ĭhainlink’s LINK token was up 0.1 per cent to $14.94 at lunchtime (Sydney time). “While the blockchain industry is rapidly entering a world where multiple chains will thrive, they remain largely disconnected ecosystems,” said Catalini. He called Boneh and Catalini two of the most accomplished academics in the industry. 'That will probably be the last time most of us will have a chance to buy. “To ensure that CCIP launches as the most secure cross-chain protocol in the world, we’re bringing on some of the greatest minds in crypto-economics and cryptography to work with us.” Mashinsky said bitcoin could also retest the 14,000-to-16,000 levels in a period with low volume or with bad news. “Since announcing our approach to blockchain interoperability via CCIP in 2021, multiple projects with several billion dollars in smart contract value have already publicly committed to using the protocol at launch,” said Chainlink co-founder Sergey Nazarov. “ Celsius’ integration of Chainlink PoR will mark another large leap towards creating hybrid CeDeFi systems that combine CeFi’s functionality and performance with DeFi’s decentralization and transparency guarantee,” said Celsius network founder and chief executive Alex Mashinsky. Celsius is a lending platform built on blockchain technology.It allows users to borrow digital assets, deposit their cryptocurrency on the platform in exchange for rewards, and make fast crypto transfers through the Celsius app. To redeem the native ADA tokens from the vault, the cxADA token must first be burned. Alex Mashinsky founded Celsius Network in February 2017. Abstract: An ArF excimer laser was used to fabricate Bragg gratings in fibers with Bi-SiO2 core and microstructured or F-doped claddings without fiber presensitization. Decentralised oracle network Chainlink has taken two big steps this week to unlock the multi-chain future that people keep talking about.įirst custodial DeFi platform Celsius said it would integrate Chainlink’s “proof of reserve” system to create wrapped tokens that unlock cross-chain liquidity.Ĭelsius will use the system to bridge wrapped versions of ADA, DOGE and ETH to the Polygon mainnet, with plans to bridge more tokens in the near future.įor example, the system will allow ADA tokens to be deposited to a Celsius wallet, with wrapped cxADA available to be minted on Polygon when the Chainlink proof of reserve system determines the vault is overcollateralised. By Georgios Violakis, Hans Georg Limberger, Alexander Zlenko, Sergey Semjonov, Igor Bufetov, Valery Mashinsky, Vladimir Velmiskin and Evgeny Dianov.
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