1 week ago
Kraken Migrates kBTC to Chainlink CCIP as LayerZero Exodus Grows
ExchangesChainlink CCIPcross-chain securityDeFi infrastructurekBTCKelp DAO ExploitKrakenLayerZeroWrapped Bitcoin
TLDR: Kraken migrates kBTC and all future wrapped assets to Chainlink CCIP, citing enterprise-grade security. The $292M Kelp DAO exploit, tied to North Korea’s Lazarus Group, triggered a broad LayerZero exit across DeFi. Solv Protocol, Kelp DAO, and Re also left LayerZero for Chainlink CCIP following critical cross-chain security reviews. Kraken’s kBTC holds a $266M [...]
The post Kraken Migrates kBTC to Chainlink CCIP as LayerZero Exodus Grows appeared first on Blockonomi.
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