Chainlink Launches CCIP Protocol, Radiant Capital Receives $10M Investment from Binance
Equity indices are slumping following a negative reaction to technology earnings and lower than expected jobless claims. The technology-oriented QQQ -4.62% is leading the decline, having fallen 1.52% at the time of writing, while the SPY -5.07% has fallen 0.36%. The DXY (+0.65%) and U.S. Treasury yields are rising today as the market is repricing the odds of an additional rate hike as the labor market continues to show its resilience. Crypto markets are mixed, with BTC (-0.60%) and ETH (-0.17%) declining while select altcoins are rallying. Chainlink (LINK -5.60% ) is the top performer out of the top 100 coins, rising 16.80% following the release of their cross-chain interoperability protocol (CCIP). Chainlinkâs CCIP provides protocols with a simple interface to build their cross-chain needs, including token transfers and arbitrary messaging.
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