Chainlink

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Coinbase has chosen Chainlink's Cross-Chain Interoperability Protocol as the exclusive bridge for its wrapped assets, which hold about $7 billion in market capitalization. This integration aims to enhance cross-chain transfers and security for tokens like cbBTC and cbETH. Meanwhile, Chainlink's price shows signs of stabilization around $13.6 to $13.7, hinting at potential bullish momentum.

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Chainlink has introduced Confidential Compute, a new privacy layer designed to enable institutions to use public blockchains without exposing sensitive data. Launched as part of the Chainlink Runtime Environment on November 4, the service processes data off-chain and returns verified results on-chain. This aims to unlock the $3.4 trillion crypto market for Wall Street by addressing long-standing confidentiality concerns.

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