Chainlink
Kraken Abandons LayerZero for Chainlink Following Massive $292M Bridge Exploit
Cryptocurrency exchange Kraken has confirmed its decision to transition away from LayerZero as the underlying cross-chain technology for kBTC, its wrapped Bitcoin offering, opting instead for Chainlink's Cross-Chain Interoperability Protocol (CCIP).
Kraken joins LayerZero exodus as it switches to Chainlink CCIP
LayerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives.
Chainlink Leads RWA Sector as LINK Price Eyes 170% Breakout
Chainlink (LINK) continues to strengthen its position in the rapidly expanding real-world asset (RWA) tokenization market, securing the top ranking across major industry trackers while analysts forecast significant upside for the token. The broader RWA sector recently surpassed $12 billion in value, reinforcing growing institutional interest in blockchain-based asset tokenization.
Lido Finance Selects Chainlink CCIP as the Official Cross-Chain Infrastructure for wstETH Security
Lido's Network Expansion Committee selected Chainlink CCIP to secure wstETH from bridge exploits.
Kraken ditches LayerZero for Chainlink CCIP
Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets.
Chainlink CCIP gains over $2.5 billion in TVL from protocols migrating from LayerZero, with Kraken Bitcoin the latest to join
Kraken Bitcoin is at least the fourth product to deprecate its LayerZero cross-chain tech following the Kelp DAO attack.
Kraken Replaces LayerZero With Chainlink CCIP Bridge
Kraken replaces LayerZero with Chainlink CCIP to bridge wrapped assets after a $292M exploit hit Kelp's cross-chain system.
Kraken to replace LayerZero with Chainlink to bridge assets across blockchains
The decision sees a total of over $3 billion in total value locked migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.
Chainlink price tests major S/R zone at $10, will bulls regain momentum?
Chainlink price pulled back this week after facing rejection near a key Fibonacci resistance level, while traders closely watched whether bulls could defend the important support-resistance flip zone near $10. According to data from crypto.news, Chainlink (LINK) traded around $10.
Chainlink and Hedera Lead RWA Development, According to Santiment
The most recent report from Santiment places Chainlink (LINK) and Hedera (HBAR) as the undisputed leaders in development activity within the Real World Assets (RWA) sector. While Chainlink tops the list with a score of 197.8, Hedera follows closely with 193.57, marking an abysmal gap compared to competitors like Stellar and Avalanche.
Fidelity International brings Moody's‑rated tokenized liquidity fund to Chainlink and Sygnum
Moody's Rating: The new FILQ fund received an AAA-mf rating, the highest grade for money market funds. Network Infrastructure: The product uses Sygnum Bank's Desygnate tokenization platform and the Chainlink oracle network. Asset Management: Fidelity International manages approximately $1 trillion in client assets globally.
Fidelity International Debuts Digital Liquidity Fund With Blockchain Partners Sygnum and Chainlink
Fidelity International has made its debut in the blockchain-based fund sector by unveiling a digital liquidity product created in collaboration with Sygnum Bank and Chainlink. This initiative represents a significant milestone in connecting conventional financial instruments with distributed ledger technology.
