LayerZero

Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, …

Institutional confidence around cross-chain infrastructure weakened sharply after the $292 million LayerZero-linked exploit exposed deeper bridge-security risks. Liquidity allocators also started reassessing …

Lombard Finance, one of the largest Bitcoin-native liquid staking platforms in DeFi, is moving more than $1B in Bitcoin-backed assets off LayerZero’s …

In short Lombard Finance is the latest company to move its assets off LayerZero technology in favor of Chainlink. The company conducted …

The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over the security of cross-chain …

After initially framing the exploit as a developer configuration failure, LayerZero said it “owns” the decision to let its own verifier secure …

Solv Protocol has said it’s moving more than $700 million of tokenized bitcoin assets to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and deprecating …

In short Solv Protocol Migrates Over $700 Million in Tokenized Bitcoin Infrastructure from LayerZero to Chainlink CCIP. The move follows the $292 …

In short Kelp says LayerZero approved the scheme related to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its …

The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero’s “OFT” standard to Chainlink’s “CCIP.” www.coindesk.com