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Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands - Decrypt
Crypto exchange Kraken is the latest firm to shift away from LayerZero tech following last month's $292 million Kelp DAO exploit.
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coindesk.com
Kraken to replace LayerZero with Chainlink for kBTC, future wrapped assets
This sees a total of over $3 billion in TVL migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.
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decrypt.co
Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands - Decrypt
Crypto exchange Kraken is the latest firm to shift away from LayerZero tech following last month's $292 million Kelp DAO exploit.
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cryptobriefing.com
Kraken replaces LayerZero with Chainlink CCIP to secure kBTC and wrapped assets
Kraken will replace LayerZero with Chainlink CCIP as exclusive cross chain infrastructure for kBTC and future wrapped assets.
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Crypto firms move $4 billion in assets to Chainlink as bridge security comes under scrutiny
The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over cross-chain infrastructure.
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Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets - Decrypt
The Bitcoin DeFi protocol is the latest to ditch LayerZero's cross-chain tech after the $292 million Kelp DAO hack, moving to Chainlink.