JUST IN: CHAINLINK LAUNCHES CCIP 2.0 ADDING CUSTOM SECURITY CHECKS & MORE.
Sibos week has kicked off strong already. We expect a lot more to come from Chainlink.
Source: CoinDesk
$LINK
Trying to work out the trade if issuer KYC becomes a reusable stamp across tokenized stock venues.
$LINK looks like the clearest fit. ACE / CCID lets an issuer like @Ondo keep your KYC file while @chainlink attaches the pass/fail result onchain to an identity that sits behind all your wallets. The next venue just checks the stamp for whatever it needs (kyc, aml, jurisdiction) and you never re-upload your ID. If every venue ends up checking the same stamp, that makes Chainlink the rail they all run through.
Wildcard is ethereum:0xa27ec0006e59f245217ff08cd52a7e8b169e62d2. They pitched SEC staff in July on @ZKPassport proofs, bound to a wallet, as a replacement for stored KYC data.
https://t.co/7GOU4S006d
Boooommm!!! hedera-hashgraph:native for the win!!
Shoutout to @andyyy for his rumour mill guiding my eyes in the right direction 👀
Not many crypto teams attending Sibos Miami.
https://t.co/xB6iz1kyiu finds crypto you bridged but never claimed.
$135M+ sits unclaimed across 84 bridges on over 500k wallets (Arbitrum, Optimism, Base, zkSync, Wormhole, CCTP...).
Trying to work out the trade if issuer KYC becomes a reusable stamp across tokenized stock venues.
$LINK looks like the clearest fit. ACE / CCID lets an issuer like @Ondo keep your KYC file while @chainlink attaches the pass/fail result onchain to an identity that sits behind all your wallets. The next venue just checks the stamp for whatever it needs (kyc, aml, jurisdiction) and you never re-upload your ID. If every venue ends up checking the same stamp, that makes Chainlink the rail they all run through.
Wildcard is ethereum:0xa27ec0006e59f245217ff08cd52a7e8b169e62d2. They pitched SEC staff in July on @ZKPassport proofs, bound to a wallet, as a replacement for stored KYC data.
https://t.co/7GOU4S006d
Nate is absolutely spot on.
When I joined this industry back in 2017, we had no f*cking rules. We had zero adoption, and I could still buy coins on Coinbase with just a debit card and no ID, no KYC, nothing.
It was a complete free- for all shit show of amazing beginnings of what was going to be the transformative technology for the new financial system. Boy, did I enjoy every second of that era.
Totally plumber coded.
We are in a new era now, and this era is the one of adoption and turning regulatory headwinds into tailwinds for the adoption of the blockchain financial stack. This is more bullish than any ETF or any other news we could have ever had, because deep down in every one of us who was around back in 2017, we knew there was a chance that Bitcoin could get banned by the U.S. government, and it would be in a really critical spot.
That is clearly not going to happen now.
We could have pivoted to AI during last year's boom. We could have left the industry for greener pastures, but we didn't. We stuck through, and here we are. Now we get to reap the rewards, lads.
Strap the f*ck in for the biggest bull market of your life.