LayerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives ... .
Lombard, a Bitcoin-based financial infrastructure platform known for its BARD token, has officially adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its primary cross-chain standard, replacing LayerZero.
Kraken is deprecating its existing cross-chain infrastructure and moving exclusively to ChainlinkCCIP to secure Kraken Wrapped Bitcoin (kBTC) and all future wrapped assets ... .
Chainlink’s CCIP offers a different approach ...Kraken’s adoption of Chainlink CCIP is a pragmatic response to the evolving security landscape in cross-chain technology ... What is Chainlink CCIP?.
The cryptocurrency exchange Kraken is moving its cross-chain infrastructure to the Chainlink Cross-Chain Interoperability Protocol (CCIP) ... Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure.
According to an analysis by CryptoSlate, over $3 billion in assets have moved to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), positioning the oracle network as a clear beneficiary of the incident.
Migrated to ChainlinkCCIP... The decision by three major protocols to migrate directly to Chainlink CCIP is particularly notable. Chainlink’s CCIP is a competing interoperability standard that has ...