chainlink

On Monday, the oracle network Chainlink released the cross-chain interoperability protocol CCIP 2, making significant upgrades to its communication and cross-chain bridge infrastructure. The new version allows enterprises to add their own security verification checks on top of Chainlink's default network of 16 independent node operators. Enterprises can run their own validators or hire external service providers such as Infosys and Nethermind. Chainlink stated that users should not be forced to become "cross-chain security infrastructure experts."This upgrade comes about five months after the Kelp DAO was hacked in April of this year. The attackers are reportedly linked to the North Korean Lazarus group, stealing approximately $292 million in rsETH by deceiving the single validator relied upon by the Kelp cross-chain bridge, which operates on LayerZero. LayerZero blamed Kelp for using only a single validator, while Kelp stated that LayerZero employees had reviewed its setup and raised no objections. Kelp subsequently announced that it would migrate rsETH to Chainlink.The upgrade also adjusts the security mechanism that Chainlink had previously heavily promoted; its risk management network will no longer operate as an independent review node, with such independent checks now provided by optional validators. This means that users who have not added any validators currently rely on a single validation network, whereas previously they relied on two. Existing Chainlink users have been automatically migrated to the new version, but the company has not disclosed which institutions are using the new validators, only stating that Aave and Maple have begun adopting other features of the upgrade.

Bitwise CEO Hunter Horsley stated that the Bitwise Chainlink ETF (CLNK) has surpassed an asset management scale of 50 million dollars.

According to Onchain Lens monitoring, Chainlink (0x9a7...9ec6) purchased 97,500 LINK, worth approximately 1.1 million USD, for strategic reserves.In the past 30 days, Chainlink's strategic reserves have accumulated a total purchase of 480,700 LINK, worth approximately 5.5 million USD; currently holding 5.96 million LINK, worth approximately 68.71 million USD.

On September 14, Aave Labs released an ARFC on the Aave governance forum, seeking approval to deploy a new Aave V4 Isolated Hub and Spoke to integrate institutional custody collateral as collateral for stablecoin loans. Institutional borrowers will deposit collateral with Anchorage and maintain custody during the loan period, with the custody balance represented on-chain by non-transferable custody collateral tokens CoCT, minted and burned by CustodySync designed by Chainlink.Borrowers will stake CoCT on the Spoke and withdraw stablecoins from the Isolated Hub. The entire loan lifecycle, including liquidation, is synchronized between the custodian and Aave through Chainlink infrastructure. The proposal is limited to a single Isolated Hub and a single Spoke governed by the Aave DAO, without altering existing Hubs, Spokes, or reserves. The underlying assets will always remain in custody, with Anchorage holding the assets as the custodian and acting as the counterparty for account control protocols; Chainlink does not hold the assets.CoCT is a restricted transfer ERC-20, only allowing Hub, Spoke, and CustodySync, with minting and burning exclusive to CustodySync, and each borrower's position corresponding to a contract. The initial plan is to launch a CoCT for BTC held in custody by Anchorage. The next steps involve ARFC discussions, and if supported, it will proceed to Snapshot, followed by submitting the final parameters for AIP.

According to the official announcement from Chainlink, Bittensor's TAO token has landed on Robinhood Chain through the bridge Forever Money built on the Chainlink Cross-Chain Interoperability Protocol (CCIP), achieving a 1:1 native existence of TAO in the second major chain environment.

According to Onchain Lens monitoring, Chainlink (0x9a70...9ec6) has increased its strategic reserve by 91,100 LINK, worth approximately 1.06 million USD.In the past 30 days, Chainlink's strategic reserve has increased by a total of 511,000 LINK, worth approximately 5.52 million USD; the total amount of the strategic reserve has reached 5.86 million LINK, worth approximately 67.24 million USD.

According to CoinDesk, world.xyz has launched a fully on-chain prediction market platform on Solana, with over 1 million users joining the waiting list. Chainlink provides support for market settlement, and contracts are settled in Phantom's CASH stablecoin.

According to CoinDesk, the Algorand Foundation has officially appointed William Herkelrath as CEO, succeeding Staci Warden, who held the position for nearly five years. Herkelrath previously held leadership roles at blockchain data provider Chainlink and crypto custody company Curv, and co-founded the AI automation platform K3 Labs, officially taking office on August 31.Algorand stated that the new CEO will focus on driving institutional business expansion and post-quantum security initiatives. Currently, Algorand has introduced post-quantum accounts based on the Falcon-1024 cryptographic signature system in the v42 consensus upgrade and plans to achieve full quantum resistance by 2028. Additionally, the foundation's board has been adjusted, with Alex Fowler joining, while Rebecca Rettig and Michael Mosier have stepped down.

SWIFT service provider Bottomline announced a collaboration with the blockchain infrastructure project Chainlink to enable over 600 bank clients in its network to access blockchain-based cross-border settlements. Bottomline processes over $16 trillion in payments annually and serves 1,200 financial institutions and 10,000 enterprises.Through this integration, banks can continue to use the ISO 20022 standard to send payment instructions, with Chainlink's infrastructure connecting the instructions to blockchain settlements. Chainlink's Cross-Chain Interoperability Protocol (CCIP) supports the transfer of tokenized value across different blockchain networks, while Chainlink's Runtime Environment (CRE) is responsible for payment processes, transaction routing, and operational change coordination.CCIP has been recording mainnet activity since July 2023 and is currently connected to over 60 blockchain networks. Chainlink's Project Pangea has covered more than 50 banking institutions in Europe and South Korea, with participants managing assets totaling over $10 trillion, and the project's goals include achieving T+0 settlement for foreign exchange transactions.

On September 2, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve as the exclusive on-chain reserve verification layer for the Frontier Stable Token (FRNT), with reserves and supply balances audited by The Network Firm published to on-chain readable feeds. The current scale available for verification is not large: according to CoinGecko data, the total supply of FRNT is 967,900 tokens, with a unit price of approximately $0.99884, which only accounts for about 0.2% of the base scenario estimate (508.7 million tokens) submitted by the committee to the state legislature's budget meeting materials; the 24-hour trading volume is $160, all occurring on Kraken.The announcement separates the two products, with only Proof of Reserve currently online. The Proof of Reserve Secure Mint component, which programmatically prevents minting when reserves cannot cover total supply, is said by the committee to still be in the "adoption process." The committee previously published daily proofs on its official website, and this adjustment changes the method of data delivery rather than the update frequency. Committee Executive Director Anthony Apollo stated that adopting Chainlink's reserve proof provides transparent and verifiable confirmation that FRNT is fully backed by high-quality reserve assets; Chainlink Labs Chief Business Officer Johann Eid remarked that this demonstrates that governments can utilize the Chainlink platform to put trustworthy, fully verifiable on-chain financial infrastructure into production.

According to The Block, the Wyoming Stablecoin Committee announced the adoption of Chainlink Proof of Reserve to provide near real-time on-chain reserve verification for the state’s official stablecoin, Frontier Stable Token (FRNT). This follows the migration of cross-chain infrastructure from LayerZero to Chainlink CCIP, further establishing it as the sole on-chain asset verification infrastructure.The auditing firm The Network Firm will review the reserves and token supply of FRNT according to the standards of the American Institute of Certified Public Accountants (AICPA). The verification data will be recorded on-chain via Chainlink, reducing information gaps between reporting periods.The committee will also introduce the Chainlink Proof of Reserve Secure Mint mechanism, requiring that verified reserves must be no less than the total supply of FRNT for any minting to occur, in order to prevent risks associated with "unlimited minting." FRNT is fully backed by reserves of U.S. dollars and short-term U.S. Treasury securities, with related earnings used to diversify state finances and support local education funds.

According to Cointelegraph, the U.S. Department of Commerce has officially adopted Chainlink to publish core macroeconomic data on-chain, covering key indicators such as actual GDP, PCE price index, and real final sales of private domestic purchasers, marking the first deep integration of traditional government data with blockchain infrastructure.

Financial services giant Charles Schwab announced on Thursday that it plans to add Solana, Avalanche, and Chainlink to its cryptocurrency trading platform in the coming months, further expanding beyond Bitcoin and Ethereum, but did not provide specific launch dates. This addition comes about three months after Charles Schwab introduced direct trading of Bitcoin and Ethereum to some retail clients, who previously could only gain exposure to cryptocurrencies through exchange-traded products and stocks of companies like Coinbase and Strategy, without the ability to directly purchase cryptocurrencies.Joe Vietri, head of digital assets at Charles Schwab, stated that this expansion will provide clients with more options for digital asset allocation. Solana focuses on fast, low-cost transactions, Avalanche supports businesses and developers in creating custom blockchains, and Chainlink connects blockchains with external information, providing data such as asset prices for smart contracts. Clients can buy and sell these cryptocurrencies on the official website, mobile app, and thinkorswim platform, with a fee of 75 basis points (0.75%) per transaction.

According to OnchainLens monitoring, Chainlink added 92,000 LINK to its strategic reserves yesterday, worth approximately $1.1 million.In the past 30 days, the reserves have cumulatively increased by 598,300 LINK, worth approximately $5.62 million; the current total holdings are 5.67 million LINK, worth approximately $66.44 million.

Charles Schwab announced plans to add trading services for Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to its Schwab Crypto platform in the coming months.Schwab Crypto began offering clients direct trading in Bitcoin and Ethereum in May 2026. Charles Schwab stated that it will continue to gradually add more cryptocurrencies and digital assets.

According to Cryptonomist, Animoca Brands and the RWA platform NUVA supported by Nuva Labs announced the adoption of Chainlink as its exclusive data infrastructure to provide tamper-proof valuation data for tokenized housing-related assets. The related asset base is approximately $19 billion, with the underlying sourced from Figure Technologies' Provenance Blockchain.The report states that NUVA will launch on Ethereum in May 2026, positioning itself as a cross-chain vault market, providing institutional-grade real estate credit exposure to retail users. Its products include nvYLDS (yield-bearing vault tokens linked to short-term U.S. Treasury yields) and nvPRIME (tokenized private credit vaults tracking the performance of real estate-backed credit such as Home Equity Lines of Credit - HELOC). Chainlink will initially provide pricing support for nvPRIME, used for collateral valuation, lending parameter setting, and liquidation threshold calculations.

On August 21, Sergey Nazarov, co-founder and CEO of Chainlink, stated at the first meeting of the U.S. CFTC Innovation Advisory Committee that he appreciates the CFTC and SEC finally beginning to cooperate efficiently and constructively, rather than publicly conflicting as before. He believes this alone has significantly enhanced the reputation and trust of the U.S. financial markets and helps to form a unified regulatory vision, avoiding the past multiple conflicting rules that hinder innovation.Nazarov pointed out that regulatory fragmentation has incurred serious costs. Chainlink provides data, cross-chain infrastructure, and more for thousands of applications, supporting most of the DeFi ecosystem. Over the past seven years, he has witnessed hundreds of developers choose to leave the U.S. due to uncertainty, no longer building high-quality applications in the U.S. or serving American consumers, which is a huge loss for the U.S. financial system and consumers.He emphasized that the next trend is clear: tokenization of equity will release a large amount of on-chain value. The U.S. stock market currently accounts for about 60% of the global equity market value and flow. If the global financial system accelerates on-chain, the U.S. must advance on-chain at an equal or even faster pace to maintain this dominant position; otherwise, innovation and market advantages may be lost.

According to The Block, Ethereum ecosystem core contributor Nethermind announced that after a "comprehensive review," it will exit the LayerZero decentralized validation network (DVN) business and migrate its cross-chain infrastructure to the Chainlink network. Nethermind stated that it has ceased operations of LayerZero's DVN and joined the Chainlink network as a node operator and strategic technology provider.In the future, Nethermind will provide engineering tools, infrastructure services, and integration support for blockchain application developers. It is reported that this shift occurred after the LayerZero ecosystem experienced a security incident. In April of this year, the rsETH cross-chain bridge of Kelp DAO was attacked, resulting in a loss of approximately 116,500 rsETH, valued at about $292 million at the time. Following this incident, several companies have begun to shift their cross-chain operations from LayerZero to Chainlink. However, Nethermind did not explicitly state whether this migration is directly related to the Kelp DAO incident, nor did it disclose any specific technical issues with LayerZero or changes in commercial terms between the two parties.

The Wyoming Stablecoin Committee has migrated its issued Frontier Stable Token (FRNT) from LayerZero to Chainlink's cross-chain interoperability protocol CCIP, and will completely discontinue the LayerZero token implementation after completing a comprehensive security review. CCIP will serve as the sole cross-chain infrastructure for FRNT under a multi-year contract. This is the first time a U.S. government entity has publicly changed blockchain infrastructure for security reasons, and FRNT is currently the only stablecoin issued by a U.S. public institution, fully backed by fiat reserves, with reserve earnings used to support the state's school foundation projects. The token has been deployed on chains such as Ethereum, Base, and Avalanche, with a current market cap of less than $1 million.This decision was announced four months after the Kelp DAO bridge based on LayerZero was attacked, resulting in the theft of approximately 116,500 rsETH (worth about $292 million at the time), an incident that triggered a wave of industry security reviews and migrations. To date, nearly $15 billion in related assets have migrated from LayerZero to Chainlink, with early movers including Kelp, Solv Protocol, Re, and Kraken. Subsequently, BitGo chose CCIP and completed a migration of approximately $7.7 billion in wrapped Bitcoin, bringing the total to the current level. According to a case study by LayerZero in January of this year, Wyoming had previously operated its own decentralized validation network and controlled validation and compliance functions.