Key facts: Coinbase Chooses Chainlink CCIP for $7B Asset Bridge; LINK Among Top Liquidated Tokens
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Coinbase has selected Chainlink's Cross-Chain Interoperability Protocol (CCIP) to bridge its wrapped assets, valued at $7 billion, for deployment on new blockchains.1Chainlink (LINKUSD) was among the top liquidated tokens in the crypto market as exchanges closed leveraged positions to protect margins, contributing to the overall decline in altcoin prices.2
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