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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

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    Courtyard Tops Sales, Doodles Leads in Growth

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    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

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    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

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    NFT sales drop to $129.8m, Avalanche sales surge 200%

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    BeraTone NFT Avatars Are Now Minting Live on OpenSea

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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Linear Finance Partners with Chainlink for Secure Cross-Chain $LINA Transfers

April 5, 2024
in Blockchain
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Linear Finance Partners with Chainlink for Secure Cross-Chain $LINA Transfers
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Linear Finance, a leading cross-chain compatible asset protocol, has announced its integration of Chainlink CCIP (Cross-Chain Interoperability Protocol) to facilitate secure cross-chain transfers of $LINA tokens. This integration spans the BNB Chain and Ethereum mainnets, enabling users to stake $LINA from multiple chains seamlessly.

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Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

.@LinearFinance is integrating #Chainlink CCIP across @BNBChain and @ethereum as its exclusive solution to secure cross-chain LINA transfers.

Why Linear Finance is upgrading to the industry-standard CCIP ⬇️https://t.co/ZywRJXRQHj

— Chainlink (@chainlink) April 3, 2024

Linear Selects Chainlink CCIP for Seamless and Secure Cross-Chain Integration

Chainlink CCIP was chosen as the preferred interoperability solution due to its reputation for maintaining top-tier security and reliability in the Web3 industry. Leveraging CCIP’s arbitrary messaging functionality, Linear Finance is building a robust infrastructure for cross-chain LINA transfers. This move comes in response to the increasing demand for efficient and secure cross-chain transactions, especially amid concerns over historical exploits and user fund losses in the industry.

Linear Finance’s protocol enables users to trade liquid assets quickly, seamlessly, and cost-effectively. With features like the Builder dApp for staking, an exchange for trading liquid assets, and a yield-generating vault in development, Linear Finance is at the forefront of cross-chain asset management.

The decision to integrate Chainlink CCIP was driven by several key factors, including its time-tested security and reliability. Powered by Chainlink decentralized oracle networks, CCIP has secured billions of dollars for smart contracts and facilitated trillions of dollars in on-chain transaction value. Additionally, CCIP offers a seamless integration process, scalable architecture, and future-proof design. These advantages make it an ideal choice for Linear Finance’s cross-chain needs.

See also  XYO partners with Upland to bring Web3 gaming and data sovereignty closer

Enhanced Cross-Chain Security Targeted with this Partnership

Linear Finance’s Product Lead, Jason, expressed excitement about the integration. He stated that, they are thrilled to integrate the industry-standard Chainlink CCIP to secure cross-chain transfers of LINA. He mentioned that by upgrading to CCIP, their cross-chain solution would have best-in-class security.

Overall, Linear Finance’s partnership with Chainlink represents a significant step forward in enhancing the security and efficiency of cross-chain transactions for the decentralized finance (DeFi) ecosystem. With Chainlink CCIP at its core, Linear Finance aims to provide users with a seamless and secure experience when transferring LINA tokens across different blockchains.

Tags: ChainlinkCrossChainFinanceLINAlinearPartnersSecureTransfers

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