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BetSwirl Integrates Chainlink CCIP To Unlock Cross-Chain Token Transfers

Twitter icon  •  Published il y a 7 mois  •  Hassan Maishera

Chainlink announced via X (formerly Twitter) on Tuesday that BetSwirl has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across the Avalanche, Ethereum, Polygon, and Arbitrum mainnets.

Chainlink announced via X (formerly Twitter) on Tuesday that BetSwirl has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across the Avalanche, Ethereum, Polygon, and Arbitrum mainnets.

BetSwirl is leveraging CCIP’s Simplified Token Transfer capabilities to help facilitate cross-chain access to tokens, enabling users to buy/sell tokens on multiple chains. The additional layer of security provided by Chainlnk’s CCIP is particularly important given historical industry exploits, and the billions in user funds lost due to insecure and unreliable cross-chain infrastructure. BetSwirl is an online cryptocurrency gaming platform. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 1% over the past 24 hours and is trading at $7.352 at press time.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.