Ripple’s XRP Addresses Will Be Given Risk Score to Comply with FAFT Requirements

Coinbase Pro, the professionally-oriented version of the number one US crypto exchange Coinbase, has just made an announcement about Chainlink. The price of the 23rd biggest currency is sitting at $2.31 after its price increased by more than 230 percent in June.

Traditionally, the listing process will take place in several stages. At 10:00 AM PT, Coinbase Pro users were given an ability to deposit LINK to their accounts.

It will take at least 12 hours until traders can post limit orders that are supposed to start matching shortly after that. During the fourth stage, the exchange’s customers will be able to use all available trading features.

Notably, at the time of writing, LINK is actually down 3 percent, which means that the so-called Coinbase effect is yet to kick in (or it won’t happen at all).

A reverse Coinbase effect, image by CoinMarketCap

A fruitful month for Chainlink

Chainlink is an oracle service that strives to achieve a sufficient of interoperability between Blockchain-based smart contracts and different types of off-chain data, such as temperature.

The project recently scored a high-profile partnership with Oracle. Prior to that, Google Cloud advocate Allen Day explained how Chainlink could be used as oracle middleware between Google’s BigQuery and Ethereum.


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