Sentiment: Negative
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Kraken Drops LayerZero for Chainlink After $292M Crypto Bridge Hack
By Trader Edge at 2026-05-15 04:39
Sentiment: Negative
TLDR Kraken is replacing LayerZero with Chainlink CCIP for its wrapped Bitcoin product, kBTC The switch follows a $292 million exploit on Kelp DAO’s LayerZero-powered bridge in April 2026 Over $3 billion in total value locked has migrated from LayerZero to Chainlink in recent weeks Kraken is at least the fourth project to drop LayerZero [...] The post Kraken Drops LayerZero for Chainlink After $292M Crypto Bridge Hack appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central