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Coinbase is one of the key players in the cryptocurrency realm. The exchange has various products that cater to its users from over 100 countries. One such product is the Coinbase Cloud . It is nothing but a collection of infrastructure and developer tools that allow enterprises to design, implement, and grow their dApps. In one of their latest announcements, Chainlink has revealed that Coinbase Cloud will jumping onboard as a node operator. In a tweet thread, Coinbase Cloud also unveiled the details, mentioning why this collaboration matters. Also read: Shiba Inu vs. Pepe Coin: Here’s Where PEPE Falls Short 1/ We are excited to run a @ chainlink oracle node to help advance the important work of securely connecting smart contracts with real-world data. A on why this matters. pic.twitter.com/GR2qnXOCkM — Coinbase Cloud ️ (@CoinbaseCloud) May 18, 2023 Coinbase Cloud to run a Chainlink oracle node According to the details, Coinbase Cloud disclosed that the tea...

A Chainlink exec said the oracles will improve GMX’s security by providing a more “strong degree of tamper-resistance when settling user trades.” Chainlink’s (LINK) low-latency oracles will integrate with the decentralized exchange (DEX) GMX following a successful governance proposal that sought to provide more “granular” real-time market data to GMX v2. Voting ended on April 25 at 12:00 am UTC, with over 96% of participating GMX tokenholders voting in favor of the proposal. The new Chainlink oracles — which were built with the input of GMX core contributors — were brought in to improve upon the functionality of perpetual DEXs and price-sensitive trading on GMX, the author of the proposal explained. The @GMX_IO community has officially approved a proposal to integrate Chainlink's new low-latency oracles as the launch partner in an on-chain vote with 96.28% approval. This integration will enhance both the security and UX of GMX's derivatives protocol.https://t.co/sh1tLDLtps ...