Chainlink CCIP
Coverage of Chainlink CCIP in the Nexus archive.
- Kraken joins LayerZero exodus as it switches to Chainlink CCIP
Kraken has joined the exodus from LayerZero and switched to Chainlink CCIP, following an exploit in April that led to a reevaluation of cross-chain providers. This move is part of a larger trend of crypto protocols seeking safer alternatives. The switch aims to provide a more secure solution.
- Solv Protocol Migrates From LayerZero to Chainlink CCIP as Its Official Cross-Chain Infrastructure for $700M+ in Tokenized BTC
Solv Protocol is migrating from LayerZero to Chainlink CCIP for secure cross-chain transactions, including over $700M in Bitcoin assets. This migration aims to reduce risk exposure and standardize on a battle-hardened infrastructure. The move affects SolvBTC and xSolvBTC bridging support.
- Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues
Kelp DAO is migrating rsETH to Chainlink CCIP, amid a blame game between parties involved. Bryan Pellegrino, co-founder and CEO of LayerZero, disputes Kelp DAO's accusations. A postmortem report by external security firms will be published soon.