Blockchain News

Chainlink Weekly Round-Up: Dunamu, Gray Area, Matrix Port ETH Global Winners, and More

This edition showcases latest updates, integrations, and partnerships that have solidified Chainlink's position as a trailblazer in the Web3 space. 

In this week's roundup

  • Dunanmu Partners Chainlink Labs
  • Gray Area Teams Up With Chainlink Partner Cake Protocol
  • Matrix Port Integrates With Chainlink Proof of Reserve
  • Chainlink Prizes at ETHGlobal Paris Announced
  • Angle Protocol Integrates Chainlink Price Feeds
  • Lend Invest Joins Chainlink BUILD
  • Covalent Joined Forces With Chainlink

More Integartions, Partners and Hackathon Winners

Welcome to the Chainlink Weekly Round-Up! It's that time of the week when we delve into the exciting world of Chainlink, where innovation never sleeps.

If you're unfamiliar with Chainlink, let us give you a quick rundown. Chainlink is a blockchain-based platform that brings real-world data and events to smart contracts, making them more versatile and robust. It acts as the bridge between blockchain and the outside world, creating a secure link that empowers developers to build decentralized applications with real-world utility.

This week we will explore the latest integrations, partnerships, and breakthroughs that have left the crypto community buzzing. So, stick around and get ready to be amazed!

Dunanmu Partners Chainlink Labs

Upbit operator Dunamu's blockchain unit Lambda256 has partnered with Chainlink Labs.

As a result of this channel partnership, Web3 developers and devApps using Lambda256's Luniverse development platform will be able to access Chainlink Oracle services seamlessly, Thus, it will streamline development processes and unlock new use cases that will drive Web3 adoption. 

Gray Area Teams Up With Chainlink Partner Cake Protocol

Gray Area, a music promoter, is working with Chainlink Labs channel partner Cake App to integrate Chainlink VRF into its newly launched HouseKey NFTs. 

With the integration of the industry-leading decentralized oracle network, Housekeys now has access to a tamper-proof and auditable source of randomness. The Chainlink VRF ensures that the distribution of NFT rarities is fair - and that no holder is disadvantaged when it comes to receiving the highest rarity tier.

Matrix Port Integrates With Chainlink Proof of Reserve

Matrix Port announced integration with Chainlink Proof of Reserve (PoR) on the Ethereum mainnet to help secure the minting of short-term U.S. Treasury bills token (STBT).

The STBT allows stablecoin holders to gain exposure to US Treasury securities that mature within six months, as well as reverse repurchase agreements collateralized by these securities. 

The Chainlink PoR protocol can help ensure that its tokenized T-Bills offering is sufficiently backed by US Treasury securities, ensuring investors' peace of mind.

Chainlink Prizes at ETHGlobal Paris Announced

Chainlink announced winners for the $10,000 worth of Chainlink prizes at ETHGlobal Paris.

Three standout teams received $2,000 each for their best implementation of CCIP. Moreover, four teams received $1,000 each for utilizing other Chainlink services in their hackathon projects.

The CCIP price owners are CCIP Limit Orders Flora App and Ticketh. Whereas the Chainlink Prize Winners are Binder, ETHWaldo, NoxFi, and OmniChain Governor Standard. 

Angle Protocol Integrates Chainlink Price Feeds

Angle protocol is furthering its integration with Chainlink to accept real-world assets tokenized by Backed as collateral for borrowing agEUR. 

In order to facilitate the use of these assets as collateral for borrowing agEUR, the protocol has incorporated 25+ Chainlink Price Feeds. Chainlink Price Feeds have been retained to help secure the use of tokenized real-world assets, such as lB01, as collateral because they provide many critical features. 

Lend Invest Joins Chainlink BUILD

Lend Invest is joining Chainlink BUILD to take advantage of Chainlink's industry-leading oracle services and technical support to help support its decentralized credit score framework.

Lendingvest powers a growing credit system in DeFi with data. With BUILD membership, Lendvest gains access to new Chainlink product alpha and beta releases, as well as planned integrations of Functions. In return, Lendvest will offer 4% of its total native token supply to Chainlink service providers.

Covalent Joined Forces With Chainlink

The blockchain API solution Covalent has partnered with Chainlink Labs.

This channel partnership supports Chainlink BUILD participants with GTM expertise and mentorship, access to the Covalent ecosystem, and up to $25,000 in grant resources for Covalent's product suite. Through this channel partnership, Chainlink BUILD participants and early-stage startups can connect their smart contracts to Covalent's premium API to access billions of readily-available blockchain data points. 

Last editions:

‍Chainlink Weekly Roundup: ThirdFi, Lympid, Stella, and Spring Hackathon 

Chainlink Weekly Round-Up:  Hackathon, Offramp, and Celo

Chainlink Weekly Roundup: K3 Kingdoms, DLT Payments and BackedFi

Chainlink Weekly Roundup: Chainlink CCIP, Functions Playground, EtherScore, and More

What Is Chainlink:

Chainlink is the industry standard for building, accessing, and selling Oracle services that power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. They currently secure tens of billions of dollars across DeFi, insurance, gaming, and other major industries and offer global enterprises and leading data providers a universal gateway to all blockchains.

Where to find Chainlink:

Website | Twitter | Docs | Community

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