Chainlink and Telefonica join forces to combat SIM swap attacks as LINK up 30% in Feb
Summary
Chainlink has partnered with Telefonica to integrate Telco capabilities into the blockchain industry, starting with the SIM SWAP API. This collaboration aims to enhance security, fraud detection, and two-factor authentication within Web3 decentralized applications and DeFi services. Chainlink's LINK token has surged by around 8% to trade at more than $20, reaching its highest price level since early 2022 and positioning it among the top digital assets by market capitalization.
