Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt

Good morning everybody!

I come to you with great news about decentralized finance. Recently, in an important development for the DeFi (Decentralized finance) sector, top blockchain firm Chainlink announced a new partnership with MakerDAO. This will bring some of the most advanced forms of financial services and products to the platform, which could open up a whole new world of possibilities for finance.

The decentralized finance ecosystem has been really expanding over the past few years and this new collaboration is just the latest example of how blockchain can be used to create trustless financial systems that are reliable and secure. The fact that Chainlink and MakerDAO, two of the most reputable companies in the space, are joining forces is a sign that the decentralized finance movement is ready to scale to new heights.

The partnership will see the two firms collaborate to provide the secure and reliable data feeds required for MakerDAO’s stablecoin system. This type of technology can be used to create new financial products and services that are resistant to censorship and manipulation. As more companies turn to decentralized finance as a way of running their business, reliable data feeds are going to grow in importance and this partnership could be a game changer.

The decentralized finance movement is gathering steam and this new partnership is sure to be the first of many over the coming months. Stay tuned as we discover how this new collaboration will affect the future of decentralized finance and how we interact with it going forward. Follow us to stay up to date on all the latest news and developments involving Chainlink and MakerDAO.

 

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