This sees a total of over $3 billion in TVL migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.

This sees a total of over $3 billion in TVL migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.

Crypto exchange Kraken is the latest firm to shift away from LayerZero tech following last month's $292 million Kelp DAO exploit.

Kraken will replace LayerZero with Chainlink CCIP as exclusive cross chain infrastructure for kBTC and future wrapped assets.