Chainlink Launches Secret AI Oracle, Sparks Industry Fear
Chainlink $LINK has quietly launched a new AI-integrated oracle system called “Project Kronos,” designed to feed real-time data into smart contracts using predictive algorithms. While the tech is revolutionary, some in the crypto community warn it could be “too powerful.” DeFi devs are concerned about centralization risks if Kronos starts determining not just prices but outcomes. LINK jumped 21% after the announcement, but rival oracle projects like Band Protocol $BAND and API3 dropped significantly. Regulators are now paying close attention, especially as rumors swirl that Chainlink is partnering with Palantir.