Coinbase taps Chainlink to boost institutional crypto adoption in Abu Dhabi

Coinbase’s Project Diamond has adopted the Chainlink Standard to drive institutional adoption of digital assets, according to a Dec. 10 statement shared with CryptoSlate. Project Diamond, managed by Coinbase Asset Management, focuses on serving institutional users outside the US. It leverages a comprehensive infrastructure that includes Coinbase Prime custody, the Prime Onchain Wallet, the Project…

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A Crypto Whale Bets Big on $ONDO, Exchanges $17.14M in $stETH

In a bold move indicating massive confidence in $ONDO, a crypto whale has purchased a huge number of tokens. As per the data from Lookonchain, the whale bought up to 10.98M $ONDO with 4,611 $stETH (nearly $17.14), attracting the crypto community. The analytics platform revealed the crypto whale’s strategic activity through its official social media…

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Ripple secures NYDFS greenlight to launch RLUSD stablecoin

Ripple CEO Brad Garlinghouse said the firm has secured approval from the New York State Department of Financial Services (NYDFS) to launch its Ripple USD (RLUSD) stablecoin. Garlinhouse made the announcement in a Dec. 11 social media post and added that the token will be live soon. The NYDFS was initially slated to approve the stablecoin…

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Top 10 Best Altcoins to Buy Now and Make Major Gains in 2024

The cryptocurrency world is brimming with exciting opportunities, and savvy investors know that the right choices can lead to substantial gains. Among the top contenders in the market, there’s a growing buzz around innovative altcoins like Bitcoin, Ethereum, Cardano, and Polkadot, each bringing its own distinct advantages. Yet, as the landscape evolves, a game-changing project…

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Chainlink Partners With Coinbase To Boost Tokenized Asset Ecosystem

Chainlink has integrated its Oracle network with Coinbase’s Project Diamond, a digital asset platform designed for institutional adoption. This partnership will enhance the lifecycle management of tokenized assets, ensuring interoperability between public and private blockchains. The collaboration will provide enhanced data connectivity across multiple blockchain ecosystems. Chainlink and Coinbase Partner To Accelerate Institutional Adoption of…

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