Lombard migrates over $1B in Bitcoin-backed assets to Chainlink CCIP after reviewing cross chain security.

The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over cross-chain infrastructure.

Lombard migrates over $1B in Bitcoin-backed assets to Chainlink CCIP after reviewing cross chain security.

The Bitcoin DeFi protocol is the latest to ditch LayerZero's cross-chain tech after the $292 million Kelp DAO hack, moving to Chainlink.

Lombard Finance moves over $1B in Bitcoin-backed assets from LayerZero to Chainlink CCIP after a $292M exploit, joining a $4B industry-wide migration wave.