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Chainlink introduces the ‘Chainlink Runtime Environment’ framework

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Chainlink has introduced the Chainlink Runtime Environment (CRE), a new framework designed to enhance the scalability and versatility of smart contracts. The CRE aims to simplify the integration of off-chain data and computation into blockchain applications, offering developers greater flexibility in building decentralized applications (dApps). The framework will allow smart contracts to interact with off-chain data sources and APIs more efficiently, which could improve performance and broaden the scope of use cases for decentralized finance (DeFi) and beyond.

The Chainlink Runtime Environment is positioned as a powerful tool for developers looking to build complex, data-driven smart contracts without compromising on security or decentralization. By enabling smart contracts to execute off-chain computations, the CRE offers a solution to one of the biggest challenges facing blockchain technology: the need for real-world data to trigger or inform contract execution. With this new framework, developers can access a wider range of data inputs while maintaining the integrity of their decentralized networks.

According to Chainlink, the CRE will improve upon the existing Chainlink oracle network, which has already been pivotal in providing secure, tamper-proof data feeds for smart contracts. By introducing a runtime environment that can execute custom logic and integrate off-chain resources, the platform aims to make decentralized applications more dynamic and capable of handling complex computations that were previously challenging or impractical to achieve on-chain. This could potentially open the door to more advanced dApps across various industries, including finance, insurance, gaming, and supply chain management.

The launch of the Chainlink Runtime Environment marks a significant step forward in the evolution of smart contract functionality. It underscores Chainlink’s commitment to expanding the capabilities of its oracle network and supporting the growth of the broader blockchain ecosystem. As the demand for more advanced, data-intensive decentralized applications continues to rise, the CRE could become a key tool for developers seeking to unlock the full potential of blockchain technology.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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