ChainLink Partners With Crypto.com to Integrate Price Feeds Into Its DeFi Wallet

2020-9-15 21:36

Crypto.com has revealed that it has inked a deal that will lead to the integration of Chainlink’s price feeds with its decentralized finance (DeFi) wallet product.

On Monday, the wallet and payment card provider based in Hong Kong, stated that Chainlink’s Price Reference Data has been directly integrated with its DeFi wallet which will give its clients ready access for its price feeds.

Crypto trading, finance & payment platform @cryptocom is now using #Chainlink's Price Reference Data directly in their DeFi wallet. They will also be consuming two price feeds for their native asset CRO, to improve their platform's decentralization and transparency.

— Chainlink – Official Channel (@chainlink) September 14, 2020

The addition of Chainlink’s price feeds into Crypto.com’s DeFi wallet is in line with the latter’s expansion program towards booming spaces. According to Eric Anziani, Crypto.com’s chief operating officer, the partnership will add more value to its customers. Anziani explained:

“I would say with the partnership with Chainlink is kind of our first integration with a DeFi protocol, it brings value to our customers in terms of providing transparency in the prices that we're giving them in our DeFi wallet and also making sure our ecosystem token CRO can be integrated into the external protocol by building a price feed for CRO specifically thanks to the Chainlink architecture.”

According to a press release shared with Bitcoin Exchange Guide, the firm will start with its native token in receiving the decentralized price feed, CRO/ETH but plans are underway for the addition of CRO/USD. Anziani clarified that the firm will kick off with DeFi tokens, however plans are underway to utilize Chainlink’s price feeds for the rest of the tokens within its ecosystem.

Anziani also explained that the expansion is not intended to take advantage of the current hype, but is driven by the basic belief that each person is entitled to have the control of their money, identity as well as data and the blockchain tech-based firms should lead towards this achievement.

Speaking on the recent controversy surrounding top exchanges listing the much-hyped SUSHI token, Anziani explained that his firm’s clients trust that Crypto.com has solid due diligence protocols before a new asset is listed which informed the firm’s decision not to list it.

Crypto.com rolled on its wallet at the start of this year touting it as a user friendly wallet to capitalize on the buzz around DeFi space.

The post ChainLink Partners With Crypto.com to Integrate Price Feeds Into Its DeFi Wallet first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Цена в час новости $ 374.96 (24.57%)

price wallet feeds chainlink defi data stated

Источник: bitcoinexchangeguide.com

price wallet → Результатов: 126


Фото:

Bitcoin (BTC) stock price corrects after a failed breakout

Bitcoin (BTC) price has been dragged lower to test weekly support near $11,000 after the buyers failed to close above the $12,000 handle last week.   Fundamental analysis: A beginning of another bull market? The largest Bitcoin exchanges and crypto wallet apps such as Coinbase, Blockchain Wallet, Binance, BRD and others registered record-high combined downloads last month, largely thanks to the fact that many institutional investors turned to BTC in the midst of unparalleled coronavirus stimulus spending.

2020-8-28 13:42


ArbiSmart Wallet: Earning Bitcoin Safely, up to 45% Returns at Close to Zero Risk

What is automated crypto trading and why is it so popular? Algorithmic trading, also known as autotrading is the use of an automated system, which is pre-programmed with instructions for executing transactions based on a range of factors, such as trading volume, market volatility, the current asset price and more. While the emerging crypto economy […]

2020-6-12 15:13


Active Ethereum Wallet Count Has Grown 350% Since 2018; What This Indicates

Ethereum’s price action has been incredibly week in the time following its parabolic movement to highs of $290 in February. It appears that there has been a divergence between the cryptocurrency’s technical outlook and fundamental strength, however, as a key data metric suggests that ETH has built immense underlying strength over the past couple of...

2020-5-26 00:00


Фото:

Retail Bitcoin (BTC) Buying Up Despite Institutional Dump, Report Suggests

The number of wallet addresses with small Bitcoin (BTC) holdings has increased significantly since the crash of March 12, 2020 — ‘Black Thursday,’ when the price of BTC fell to $3,800. Retail Traders Bought the Dip During the Last Bitcoin Crash According to Coin Metric’s “State of the Network” report published on Tuesday (April 6,Read MoreRead More.

2020-4-9 21:00


As ETH Market Sentiment Changes, Top 100 Ethereum Holders Are Increasing Their Stake

Since the Ethereum (ETH) price has been consolidating in the last 2 weeks, the top 100 ETH holders have had their accumulation of ETH coins increasing, says the on-chain metric provider Santiment. Per a Santiment’s report, the first 100 Ether wallet addresses has accumulated higher percentages of the entire ETH supply in spite of the […]

2020-3-6 22:24


Фото:

Cryptocurrency Wallet Adoption Has Tripled in Three Years

In general, the adoption of Bitcoin and other cryptocurrencies has been in an upward trend, one that has been far from uniform. Interest has spiked alongside price in what is known as a Satoshi cycle, while institutional interest in blockchain has also only recently taken off, especially during the 2018 bear market when the price […] The post Cryptocurrency Wallet Adoption Has Tripled in Three Years appeared first on BeInCrypto.

2020-2-22 03:10


Novogratz Is Bullish On Bitcoin; As Galaxy Digital, Leads $20M Funding For Current Mobile Banking App

Galaxy Digital CEO, Mike Novogratz remains bullish on Bitcoin’s long term price while speaking in an interview with CNBC on Thursday. The bullish statements follow the recent investment in Current, a millennial and Gen-Z focused bank with a blockchain wallet, by Galaxy Digital, who led the $20 million Series B funding round. Mike further confirmed […]

2019-10-25 23:28


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Chainlink Touts 2022 Triumphs, Will LINK Skyrocket in 2023?

Blockchain oracle provider Chainlink has had a bumper year in terms of milestones and achievements. However, LINK prices are still dormant. The post Chainlink Touts 2022 Triumphs, Will LINK Skyrocket in 2023? appeared first on BeInCrypto.