The Kelp DAO bridge exploit did not just steal $292 million. It triggered the largest infrastructure migration in DeFi history, and the math shows LayerZero may never recover the lost ground.
Following a thorough infrastructure assessment, Nethermind has transitioned its cross-chain operations from LayerZero to Chainlink. The blockchain technology firm will now run Chainlink nodes that support CCIP and the platform's established Data Feeds.
Nethermind's partnership with Chainlink enhances cross-chain security and reliability, potentially accelerating institutional adoption of decentralized tech. Nethermind joins Chainlink Network as node operator and development partner.
Nethermind has ended its LayerZero verifier role and moved its cross-chain operations to Chainlink after reviewing the two infrastructure providers.
Chainlink (LINK) trades near $9.49 in a bullish pennant pattern, with rising open interest and positive funding rates fueling hopes of a breakout toward $10.
Chainlink recorded a massive 15.4% rise, with data showing a significant increase in holder count and token accumulation as catalysts for bullish buildup.
The Wyoming Stable Token Commission completed the migration of the Frontier Stable Token (FRNT) to Chainlink's Cross-Chain Interoperability Protocol (CCIP). The transition adds the first asset issued by a U.S. government entity to a wave of migrations totaling nearly $15 billion away from LayerZero.
Bitwise has returned with conviction. Will Chainlink's price follow its institutional demand?
Chainlink's strategic role in asset tokenization could significantly influence blockchain interoperability and drive long-term market growth. Chainlink's leverage rises as Standard Chartered sets $200 target.
Chainlink's Link:NYC event could catalyze the integration of blockchain in traditional finance, enhancing transparency and interoperability. Chainlink hosts Link:NYC to accelerate institutional onchain finance.
Chainlink's LINK is up 14.7% this week, facing whale exchange deposits and a multi-year trendline test near $9.50-$10.00 resistance.
Chainlink (LINK) successfully pushed through the $9.04 resistance barrier on August 15, breaking free from a multi-month consolidation pattern that began in June. The digital asset touched an intraday peak of $9.73 before stabilizing in the $9.45–$9.56 range, signaling a notable transformation in its near-term price trajectory.