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Kraken Migrates to Chainlink CCIP for Wrapped Bitcoin and Future Wrapped Assets - "The Defiant"
Kraken announced it is deprecating its existing cross-chain provider and migrating to Chainlink CCIP as its exclusive cross-chain infrastructure for Kraken Wrapped Bitcoin (kBTC) and all future Kraken Wrapped Assets. The migration leverages Chainlink's enterprise-grade infrastructure, which includes ISO 27001 and SOC 2 Type 2 certifications, secure-by-default architecture, 16 independent nodes, and native rate limits.
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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.
