Chainlink Gains Key Advisor: Diem Co-Creator Christian Catalini Joins Amidst Facebook's Crypto Struggles

Chainlink Labs today announced that Diem co-creator and chief economist, Christian Catalini, and renowned Stanford cryptographer, Dan Boneh, are joining as advisors, signaling a major win for the decentralized oracle network. This announcement comes as Meta (formerly Facebook)'s crypto project, Diem, continues to face challenges and reported losses.

Chainlink Labs Brings On Co-Creator of Diem, Renowned Stanford Cryptographer As Technical Advisors BY: Alex. The addition of Catalini, a highly respected figure in the cryptocurrency and blockchain space, further strengthens Chainlink's position as a leader in the Web3 ecosystem. As Diem co-creator & chief economist Christian Catalini joins Chainlink as an advisor. This strategic move highlights Chainlink's commitment to innovation and its focus on attracting top talent.

While Facebook's Diem struggles to gain traction, Chainlink is actively building a robust infrastructure for decentralized applications. The expertise of both Catalini and Boneh will be invaluable as Chainlink expands its offerings and continues to power smart contracts across various industries. The news comes at a pivotal time, as link losses and concerns surrounding the broader crypto market are prominent. Chainlink's ability to attract such high-profile advisors demonstrates its strength and resilience.

Read the full announcement HERE and learn more about how Chainlink is shaping the future of decentralized finance (DeFi) and beyond.