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The Nexus
TECHNOLOGYMay 8 · 02:17 UTCTHE BLOCKDanny Park

Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin

Solv Protocol has dropped LayerZero in favor of Chainlink for a $700 million tokenized bitcoin project, citing security concerns as the reason. This decision comes after a recent exploit of LayerZero-powered Kelp DAO. The move aims to enhance security measures.

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