Kraken to Replace LayerZero with Chainlink for kBTC, Future ...

Kraken to replace LayerZero with Chainlink for kBTC, future ...

Kraken Joins Exodus from LayerZero, Adopts Chainlink CCIP

Kraken switches to Chainlink CCIP after Kelp DAO's $292M exploit, joining a $3B TVL migration from LayerZero. (Read More)

Kraken moves Bitcoin to Chainlink as bridge fears spread across DeFi

Kraken is moving its wrapped Bitcoin (kBTC) to Chainlink CCIP as bridge-security fears continue spreading across DeFi, turning the bridge-security debate into a decision about wrapped-Bitcoin infrastructure. In a recent announcement, the exchange said it is deprecating its existing cross-chain provider and moving all Kraken Wrapped Bitcoin to Chainlink's Cross-Chain Interoperability Protocol. CCIP will become the exclusive cross-chain infrastruc…

Kraken Switches from LayerZero to Chainlink after Kelp DAO Hack - Invest In Crypto News

Crypto exchange Kraken announced Thursday that it had changed its cross-chain provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, joining a number of protocols that have made the move following the Kelp DAO exploit in April. Kraken said it is deprecating its existing cross-chain provider and migrating to Chainlink CCIP as its exclusive cross-chain infrastructure to secure Kraken Wrapped Bitcoin (kBTC) and all future wra…

Kraken Follows Kelp DAO, Switches From LayerZero to Chainlink CCIP

Kraken has switched its cross-chain provider from LayerZero to Chainlink CCIP following the Kelp DAO exploit in April. The exchange said the move is aimed at securing Kraken Wrapped Bitcoin and future wrapped tokens.

Kraken Shifts $3 Billion in Cross-Chain Infrastructure to Chainlink

Summary: Kraken is replacing LayerZero with Chainlink CCIP for kBTC. More than $3 billion in cross-chain liquidity is migrating infrastructure. […] The post Kraken Shifts $3 Billion in Cross-Chain Infrastructure to Chainlink appeared first on CoinsPress.