COIN OF THE DAY $LINK #Chainlink #CRYPTO2024 #DYOR | Phoenix Group on Binance Square

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COIN OF THE DAY

$LINK  
#Chainlink 

#CRYPTO2024 #DYOR  

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Ronin Network announces an integration of Chainlink CCIP #RoninNetwork integrates #ChainlinkCCIP , a secure interoperability protocol for enabling token transfers across blockchains, as an official cross-chain infrastructure. After a competitive vote by the Ronin validator community, #Chainlink won with 10 votes. All assets bridged through the current Ronin bridge will be upgraded to CCIP for native cross-chain transfers, starting with #Ethereum and the Ronin Network. Full migration is expected within 2-3 months. Additionally, Chainlink CCIP integration will bring benefits and features like defense-in-depth security, programmable token transfers, secure token transfers, arbitrary messaging, extendable and future-proof. 👉 blog.roninchain.com/p/welcome-to-ronin-chainlink

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COTI announces a partnership with Hacken #COTI partners with #Hacken , a blockchain security services company, to strengthen #Web3 security and privacy. This partnership combines COTI's innovative encryption with Hacken's expertise in smart contract audits, advanced cryptography and crowdsourced audits via HackenProof, establishing a new standard for secure, privacy-preserving blockchain solutions. Additionally, Hacken will offer a discount on its services to the COTI builders community. COTI is a fintech platform that aims to empower organizations to create their payment solutions and digitize any form of currency. 👉 cotinetwork.medium.com/coti-partners-with-web3-security-firm-hacken-8d0634780449

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Aethir announces the launch of a $100M ecosystem fund #Aethir launches a $100M ecosystem fund to support bold, ambitious projects with financial backing to foster growth in the #AI and gaming ecosystem. The initiative features the #AethirCatalyst program, offering startups and enterprises access to high-performance #GPU resources. Aethir Catalyst grants, awarded in $ATH tokens, are one-time payments provided to eligible projects. Each grant is tailored to meet the specific needs of the project, with applications assessed based on multiple criteria to determine the appropriate grant amount. Alongside grants, Aethir offers additional cost savings through Aethir Catalyst compute subsidies to reduce costs by up to 35% on Aethir's compute services, helping them scale their operations more efficiently. Aethir $ATH is a decentralized GPU cloud infrastructure positioned as an enterprise-grade AI-focused GPU-as-a-service provider tailored for AI and gaming. Backed by Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Maelstrom, Mirana Ventures and others, Aethir has raised over $32M for its ecosystem. 👉 blog.aethir.com/blog-posts/100m-aethir-ecosystem-fund-next-level-growth-for-ai-and-gaming-innovators

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Uniswap introduces Unichain, Layer 2 designed for DeFi #Uniswap unveils #Unichain , a fast, decentralized #Ethereum #Layer2 in an effort to reduce fees, boost liquidity and more across various chains. Unichain will leverage the Optimism #Superchain , a scalable and interoperable network of Ethereum Layer 2s that uses Optimistic rollups. Unichain launches with 1-second block times, with 200-250 millisecond sub-block times coming soon through a block builder developed in collaboration with Flashbots. Moreover, Unichain testnet goes live today, with the mainnet coming later this year. 👉 blog.uniswap.org/introducing-unichain

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