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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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coindesk.comStai leggendo3 mesi fa

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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giovedì 14 maggio 2026·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.
giovedì 14 maggio 2026·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.

Crypto firms move $4 billion in assets to Chainlink as bridge security comes under scrutiny

Confronto fonti

Crypto firms move $4 billion in assets to Chainlink as bridge security comes under scrutiny

Timeline cronologica

Kraken to replace LayerZero with Chainlink for kBTC, future wrapped assets

Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands - Decrypt

Lombard migrates $1B in Bitcoin-backed assets to Chainlink CCIP after $292M exploit shakes LayerZero…

Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets - Decrypt

Crypto Bridge Exploits Hit $328.6M in May as Peckshield Tracks 8 Major Incidents

Crypto firms move $4 billion in assets to Chainlink as bridge security comes under scrutiny

Lombard migrates over $1 billion in Bitcoin backed assets to Chainlink CCIP

Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets - Decrypt

Lombard migrates $1B in Bitcoin-backed assets to Chainlink CCIP after $292M exploit shakes LayerZero confidence

Crypto Bridge Exploits Hit $328.6M in May as Peckshield Tracks 8 Major Incidents