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

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.