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Kraken Switches to CCIP After LayerZero Hack

Kraken Switches to CCIP After LayerZero Hack

Published 1 week, 5 days ago
Description

Kraken switches to Chainlinks CCIP for wrapped Bitcoin security, following LayerZeros exploit. Kelp DAO, Solv Protocol, and Re also migrate to CCIP. Lido backs CCIP, while Chainlinks LINK token remains stable. LayerZeros ZRO plummets post-exploit. Cross-chain crypto bolsters defenses with enterprise-grade protection.

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