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Chainlink Staking: A New Chapter in the LINK Economy

With Chainlink token staking set to launch later this year, Crypto Briefing explores how the decentralized oracle network's future will look.

Key Takeaways:
⚈Chainlink is crypto's top decentralized oracle network, known for providing price data to power DeFi applications.
⚈The network is planning to launch a token staking and node delegation system.
⚈The updates could help make Chainlink more secure and decentralized, potentially sparking renewed interest in the project.

Plans to grow Chainlink’s oracle network and shore up its security through a new token staking system could give the project a new lease of life in the second half of 2022.

What Is Chainlink?

Chainlink is a decentralized node network that provides data and information from off-chain sources to blockchain smart contracts via oracles.

When a smart contract needs to source external data, such as Bitcoin’s price in USD, it can request it from Chainlink’s oracle network. When a contract makes a request, eligible oracles provide answers, and then a Chainlink Aggregation Contract takes all the data from the oracles and reconciles it for an accurate result. Oracles are then rewarded with LINK tokens for their efforts. While Chainlink is best known for providing oracle services to decentralized finance protocols that rely on off-chain price feeds, it also provides prompt, accurate off-chain data reports for everything from the SWIFT payment system to AccuWeather.

Currently, only Chainlink oracles run by professional teams of node operators, infrastructure engineers, or companies who build infrastructure exclusively for Chainlink are allowed to provide data feeds and earn LINK. While anybody can start running a node, only those who pass Chainlink’s approval process are tasked with providing data. Subsequently, Chainlink is not as decentralized as blockchains such as Ethereum where anyone with 32 ETH can run a full node and help validate transactions. However, it’s worth noting that Chainlink’s nodes are distributed in data centers across the globe, making the network more resilient than other more centralized oracles.

By reliably connecting data from different off-chain sources to on-chain smart contracts, Chainlink has become an invaluable piece of blockchain infrastructure. According to Defi Llama data, the Chainlink oracle network secures around $15 billion of value across all protocols that use its data feeds. In May 2022, Chainlink co-founder and CEO Sergey Nazarov estimated that Chainlink has at least 60% of the market share in blockchain verticals such as DeFi and gaming.

Despite its position as the leading decentralized oracle network, Chainlink has faced criticism over the security of its oracle’s price feeds. Under the current network setup, there’s no monetary incentive to stop node operators from colluding to feed incorrect oracle answers into blockchain applications that use Chainlink’s price feeds.

Ultimately, the accuracy of Chainlink’s price feeds rests in the hands of its trusted oracles. The network can be attacked if these entities are fed a significant number of false prices from other nodes, compromised, bribed, or made dishonest in some other way. Arcane Assets’ Eric Wall is one of Chainlink’s vocal critics and has previously argued that its security is not “cryptoeconmically secure” as its developers state and instead relies on a trusted system.

Although Chainlink has never been attacked, its reliance on trust and a limited number of nodes may be concerning for large stakeholders, such as those securing billions of dollars worth of assets locked in DeFi protocols. It may only be a matter of time before the incentive to attack Chainlink’s oracle network becomes too big and malicious actors seriously attempt to compromise its data feeds to profit from the ensuing chaos.

LINK Staking

To shore up the security of Chainlink’s oracle network, its developers plan to implement a staking system similar to those found in Proof-of-Stake blockchains. After staking is implemented, nodes will have to lock up LINK tokens as collateral, which can be taxed or “slashed” if a node misreports data. The LINK tokens slashed from dishonest validators will then be redistributed to honest validators.

The network’s crypto economic security should improve once the staking system introduces a penalty for dishonest nodes. The hope is that the cost to attack Chainlink’s price oracles will be greater than the potential profits an attack could generate. In this way, the oracle network would benefit from the same game theory principles that disincentivize malicious actors from attempting to attack blockchains like Bitcoin and Ethereum.

Additionally, staking will also promote community participation in the Chainlink network beyond those able or qualified to run their own nodes. The staking model will allow anyone who holds LINK to delegate their tokens to a trusted node operator. In a June blog post covering the topic, Chainlink’s developers estimated LINK token staking will produce a 5% annual return from a combination of emissions from the treasury reserve and fees paid by those who utilize Chainlink’s data feeds. The end goal is for treasury emissions to end once Chainlink’s use grows, leaving all staking rewards to come from fees paid by oracle users.

The staking system will also increase network security through a new reputation framework. Here, nodes that consistently provide quick and accurate responses to data requests will have their feeds prioritized over less reliable ones. When there is an excess of fast and reliable nodes for a given request, the network will need to look at other metrics to decide which nodes will be used to generate oracle data. In this case, the amount of staked LINK each node has backing their oracle services will also determine if and how often they are chosen to provide data feeds. This helps improve security by aligning the incentives of the node operators with the Chainlink network. Nodes will need to hold a large amount of LINK to be selected to provide data feeds, which should disincentivize them from attacking the network as it would hurt the value of the LINK tokens backing their node.

Combining these two principles should also help create more reliable and secure node operators. As LINK holders who want to delegate their tokens to a node for staking will want to avoid having part of their delegation slashed, the best and most honest validators will likely attract the most tokens from LINK stakers. This should create a feedback loop where fast and accurate validators are consistently selected, increasing the overall reliability and security of the network.

Chainlink aims to release a 0.1 version of its staking system later this year. At first, staking nodes will only provide a price feed for the ETH/USD pair and launch with limited functionality. However, if the 0.1 version launches without any issues, developers will release version 1.0, adding additional functionality such as stake slashing and incorporating user fees into rewards. Further in the future, a full 2.0 version will expand Chainlink staking to other services beyond providing price feeds and introduce loss protection. This service lets sponsors of oracle services buy insurance against losses from oracle networks providing inaccurate data feeds.

The Future of Chainlink

The staking and node delegation launch will mark the start of a new chapter in the LINK token economy. For the first time, LINK will gain additional utility beyond facilitating payments for oracle services. Node operators will be incentivized to lock up their LINK tokens through staking so they can earn a larger portion of treasury emissions and user fees. Additionally, many LINK holders will likely choose to delegate their tokens to nodes to receive staking rewards.

On a longer time scale, LINK staking could act as a form of cash flow revenue for holders. Once the Chainlink treasury has distributed all its reserve tokens, the circulating supply will stop inflating. At that point, staking rewards will solely depend on fees from protocols using the oracle network. Similar to how holding and staking Ethereum after its upcoming network Merge will produce a cash flow based on network usage, LINK stakers will also receive rewards based on the demand for Chainlink’s oracle services.

However, how long it will take for Chainlink to reach this point in its roadmap remains unclear. Despite previously hinting at a late 2022 release for LINK staking, precise details on the system’s implementation, the timeline of token emissions, and deployment of the full 2.0 staking system have been vague. Still, if Chainlink can implement staking and progress toward its 2.0 roadmap, it should benefit from a wave of renewed interest across the cryptocurrency space over the coming months.

https://cryptobriefing.com/chainlink-staking-chapter-link-economy

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Brad Garlinghouse In Washington 🚀

It’s time for a fair and open level playing field.

Under Gary Gensler it was quite the opposite.

  • Brad Garlinghouse
    July 9, 2025
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More Of The Same...l

🚨 JUST IN: Patriot Tom Fitton, who has been fighting DOJ and FBI to release documents for years, has practically thrown in the towel.

👉 "The justice department and the FBI are irredeemably compromised and corrupted.
The leadership needs to understand that and act accordingly." ~Tom Fitton

00:01:30
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading

🎁 As of July 8th there have been 84 VERI SmartMetal NFT Activations (1.3%). With shipments ramping up, we witness the corresponding jump in activations.

Need help getting started? Check out our knowledge base to get the info you need: https://veridao.freshdesk.com/support/solutions/articles/51000487052-what-are-the-nft-activation-steps

👉Interested in which NFTs have been activated? Check them out here:
https://basescan.org/token/0x4516a5d613c30a36d157d3b579813734cbb929a4

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🚨BREAKING: The US House Committee on Financial Services says that next week the House will deliver on President Trump's call to make the US the "crypto capital of the world!

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Brinc Launches Web3 Accelerator with Octopus, XDC & IDA

Brinc Launches Web3 Accelerator with Octopus, XDC & IDA to Transform Hong Kong’s Loyalty and Payment Systems.

Read more: https://www.brinc.io/blog/brinc-launches-octopus-backed-web3-accelerator-program-to-revolutionize-hong-kongs-retail-loyalty-and-payment-ecosystem-with-xdc-and-ida-as-key-web3-infrastructure-partners/

🔗 Startups can apply from July 10

📅 Launching Sept 8

Learn more about the Web3 Accelerator program and apply now: https://www.brinc.io/stablecoin-accelerator/

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Musk Turns On Starlink to Save Iranians from Regime’s Internet Crackdown

Elon Musk, the world’s richest man and a visionary behind SpaceX, has flipped the switch on Starlink, delivering internet to Iranians amid a brutal regime crackdown.

This move comes on the heels of Israeli strikes targeting Iran’s nuclear facilities, as the Islamic Republic cuts off online access.

The former Department of Government Efficiency chief activated Starlink satellite internet service for Iranians on Saturday following the Islamic Republic's decision to impose nationwide internet restrictions.

As the Jerusalem Post reports, that the Islamic Republic’s Communications Ministry announced the move, stating, "In view of the special conditions of the country, temporary restrictions have been imposed on the country’s internet."

This action followed a series of Israeli attacks on Iranian targets.

Starlink, a SpaceX-developed satellite constellation, provides high-speed internet to regions with limited connectivity, such as remote areas or conflict zones.

Elizabeth MacDonald, a Fox News contributor, highlighted its impact, noting, "Elon Musk turning on Starlink for Iran in 2022 was a game changer. Starlink connects directly to SpaceX satellites, bypassing Iran’s ground infrastructure. That means even during government-imposed shutdowns or censorship, users can still get online, and reportedly more than 100,000 inside Iran are doing that."

During the 2022 "Woman, Life, Freedom" protests, Starlink enabled Iranians to communicate and share footage globally despite network blackouts," she added.

MacDonald also mentioned ongoing tests of "direct-to-cell" capabilities, which could allow smartphone connections without a dish, potentially expanding access and supporting free expression and protest coordination.

Musk confirmed the activation, noting on Saturday, "The beams are on."

This follows the regime’s internet shutdowns, which were triggered by Israeli military actions.

Adding to the tension, Israeli Prime Minister Benjamin Netanyahu addressed the Iranian people on Friday, urging resistance against the regime.

"Israel's fight is not against the Iranian people. Our fight is against the murderous Islamic regime that oppresses and impoverishes you,” he said.

Meanwhile, Reza Pahlavi, the exiled son of Iran’s last monarch, called on military and security forces to abandon the regime, accusing Supreme Leader Ayatollah Ali Khamenei in a Persian-language social media post of forcing Iranians into an unwanted war.

Starlink has been a beacon in other crises. Beyond Iran, Musk has leveraged Starlink to assist people during natural disasters and conflicts.

In the wake of hurricanes and earthquakes, Starlink has provided critical internet access to affected communities, enabling emergency communications and coordination.

Similarly, during the Ukraine-Russia conflict, Musk activated Starlink to support Ukrainian forces and civilians, ensuring they could maintain contact and access vital information under dire circumstances.

The genius entrepreneur, is throwing a lifeline to the oppressed in Iran, and the libs can’t stand it.

Conservative talk show host Mark Levin praised Musk’s action, reposting a message stating that Starlink would "reconnect the Iranian people with the internet and put the final nail in the coffin of the Iranian regime."

"God bless you, Elon. The Starlink beams are on in Iran!" Levin wrote.

Musk, who recently stepped down from leading the DOGE in the Trump administration, has apologized to President Trump for past criticisms, including his stance on the One Big Beautiful Bill.

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GENIUS Act lets State banks conduct some business nationwide. Regulators object

The Senate passed the GENIUS Act for stablecoins last week, but significant work remains before it becomes law. The House has a different bill, the STABLE Act, with notable differences that must be reconciled. State banking regulators have raised strong objections to a provision in the GENIUS Act that would allow state banks to operate nationwide without authorization from host states or a federal regulator.

The controversial clause permits a state bank with a regulated stablecoin subsidiary to provide money transmitter and custodial services in any other state. While host states can impose consumer protection laws, they cannot require the usual authorization and oversight typically needed for out-of-state banking operations.

The Conference of State Bank Supervisors welcomed some changes in the GENIUS Act but remains adamantly opposed to this particular provision. In a statement, CSBS said:

“Critical changes must be made during House consideration of the legislation to prevent unintended consequences and further mitigate financial stability risks. CSBS remains concerned with the dramatic and unsupported expansion of the authority of uninsured banks to conduct money transmission or custody activities nationwide without the approval or oversight of host state supervisors (Sec. 16(d)).”

The National Conference of State Legislatures expressed similar concerns in early June, stating:

“We urge you to oppose Section 16(d) and support state authority to regulate financial services in a manner that reflects local conditions, priorities and risk tolerances. Preserving the dual banking system and respecting state autonomy is essential to the safety, soundness and diversity of our nation’s financial sector.”

Evolution of nationwide authorization

Section 16 addresses several issues beyond stablecoins, including preventing a recurrence of the SEC’s SAB 121, which forced crypto assets held in custody onto balance sheets. However, the nationwide authorization subsection was added after the legislation cleared the Senate Banking Committee, with two significant modifications since then.

Originally, the provision applied only to special bank charters like Wyoming’s Special Purpose Depository Institutions or Connecticut’s Innovation Banks. Examples include crypto-focused Custodia Bank and crypto exchange Kraken in Wyoming, plus traditional finance player Fnality US in Connecticut. Recently the scope was expanded to cover most state chartered banks with stablecoin subsidiaries, possibly due to concerns about competitive advantages.

Simultaneously, the clause was substantially tightened. The initial version allowed state chartered banks to provide money transmission and custody services nationwide for any type of asset, which would include cryptocurrencies. Now these activities can only be conducted by the stablecoin subsidiary, and while Section 16(d) doesn’t explicitly limit services to stablecoins, the GENIUS Act currently restricts issuers to stablecoin related activities.

However, the House STABLE Act takes a more permissive approach, allowing regulators to decide which non-stablecoin activities are permitted. If the House version prevails in reconciliation, it could result in a significant expansion of allowed nationwide banking activities beyond stablecoins.

Is it that bad?

As originally drafted, the clause seemed overly permissive.

The amended clause makes sense for stablecoin issuers. They want to have a single regulator and be able to provide the stablecoin services throughout the United States. But it also leans into the perception outside of crypto that this is just another form of regulatory arbitrage.

The controversy over Section 16(d) reflects concerns about creating a regulatory gap that allows banks to operate interstate without the oversight typically required from either federal or state authorities. As the two Congressional chambers work toward reconciliation, lawmakers must decide whether stablecoin legislation should include provisions that effectively reduce traditional banking oversight requirements.

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If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
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🔗 Crypto – Support via Coinbase Wallet to: [email protected]

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Dubai regulator VARA classifies RWA issuance as licensed activity
Virtual Asset Regulatory Authority (VARA) leads global regulatory framework - makes RWA issuance licensed activity in Dubai.

Real-world assets (RWAs) issuance is now licensed activity in Dubai.

~ Actual law.
~ Not a legal gray zone.
~ Not a whitepaper fantasy.

RWA issuance and listing on secondary markets is defined under binding crypto regulation.

It’s execution by Dubai.

Irina Heaver explained:

“RWA issuance is no longer theoretical. It’s now a regulatory reality.”

VARA defined:

- RWAs are classified as Asset-Referenced Virtual Assets (ARVAs)

- Secondary market trading is permitted under VARA license

- Issuers need capital, audits, and legal disclosures

- Regulated broker-dealers and exchanges can now onboard and trade them

This closes the gap that killed STOs in 2018.

No more tokenization without venues.
No more assets without liquidity.

UAE is doing what Switzerland, Singapore, and Europe still haven’t:

Creating enforceable frameworks for RWA tokenization that actually work.

Matthew White, CEO of VARA, said it perfectly:

“Tokenization will redefine global finance in 2025.”

He’s not exaggerating.

$500B+ market predicted next year.

And the UAE just gave it legal rails.

~Real estate.
~Private credit.
~Shariah-compliant products.

Everything is in play.

This is how you turn hype into infrastructure.

What Dubai is doing now is 3 years ahead of everyone else.

Founders, investors, ecosystem builders:

You want to build real-world assets onchain.

Don’t waste another year waiting for clarity.

Come to Dubai.

It’s already here.

 

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If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
2) or visit https://www.paypal.me/thedinarian

🔗 Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! Namasté 🙏 Crypto Michael ⚡  The Dinarian

 

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