Popular memecoins like Shiba Inu, Simon's Cat, and Mog Coin are now accessible on multiple blockchains thanks to Chainlink's Cross-Chain Token (CCT) standard and decentralized data streams.
Several popular memecoins were added to a number of Chainlink services over the weekend, allowing them to be offered on other networks or as data streaming services. In the past few days, Shiba Inu (SHIB) and its ecosystem tokens, Turbo (TURBO) and Apu (APU), adopted the Chainlink Cross-Chain Token (CCT) standard to become available across 12 blockchains, making them accessible on networks other than where they were originally issued.
On Sunday, tokens Simon’s Cat (CAT), Coq Inu (COQ), goat (GOAT), Hamster Kombat’s HMSTR and mog coin (MOG) joined a list of assets on Chainlink’s decentralized data streams.These streams use an oracle model where market data is continuously available off-chain. Such data can be accessed and then cryptographically verified on-chain when needed. CCTs are cross-chain assets offered and protected by Chainlink’s security. A lock-and-mint mechanism enables token transfers from Ethereum to other chains, while the burn-and-mint mechanism facilitates cross-chain transfers across all other networks. Offering on various networks increases visibility and distribution for a token, helping drive investment and usage among network users
CHAINLINK MEMECOINS CROSS-CHAIN DECENTRALIZED DATA STREAMS ORACLE
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WhiteBIT Launches New Affiliate Program to Expand Platform ReachCrypto Blog
Read more »
Reddit Aims to Expand International Reach with Focus on India and BrazilReddit is intensifying efforts to attract users beyond the U.S., targeting countries such as India and Brazil. The company’s COO, Jen Wong, highlighted the potential for growth in non-English speaking markets using AI-driven translations.
Read more »
Memecoins Reach $140B Market Cap and Gain Ground in Crypto EconomyThe memecoin sector was worth 11.21% of crypto market capitalization, excluding bitcoin and ether, as of Dec. 1.
Read more »
Memecoins Are Not Easy MoneyBut here’s how to make one a success. By Azeem Khan.
Read more »
Braves and Gray Media Strike Multi-Year Partnership to Expand Broadcast ReachThe Atlanta Braves and Gray Media have announced a multi-year partnership starting in 2025. This deal will see Gray simulcast 15 regular-season Braves games alongside FanDuel Sports Network, increasing the team's reach to over 15 million households across six states. The partnership aims to provide fans with more ways to access Braves content.
Read more »
Braves Expand TV Reach with New Partnership with Gray MediaThe Atlanta Braves have announced a new partnership with Gray Media to increase the availability of their games on local television. Fifteen regular season games will air on Gray's network of broadcast stations, reaching more than 15 million households across six states. Games will be broadcast on Peachtree TV Atlanta’s CW, Peachtree Sports Network, and select ABC, CBS, FOX, NBC, and CW affiliates. The agreement aims to provide fans with more options to watch Braves baseball.
Read more »