Chainlink

The move pushes the total value migrating from LayerZero to Chainlink near $15 billion, with WBTC representing the largest shift yet.

A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion.

Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re and Kraken’s tokenized assets.

The platform is now live within the Phantom wallet and at world.xyz, utilizing Chainlink as its primary oracle infrastructure for market data.

CryptoQuant urged Strategy to pause Bitcoin buying as dividend coverage shrank. Meanwhile, CBOE eyes crypto perpetual futures and Chainlink joins a stablecoin FX project.

Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.

The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.

CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others participating.

The integration builds on Myriad’s use of the Chainlink Runtime Environment to power its prediction market infrastructure.

Federal Election Commission filings showed only $175,000 in contributions to the hybrid PAC, which could influence US voters through media buys before key elections in several states.

A newly formed political action committee released its first batch of endorsements as midterm elections begin to take shape.

The Bitcoin DeFi protocol is moving its assets away from LayerZero following the Kelp DAO exploit that led to the loss of $292 million.

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

LayerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives.

Kraken Bitcoin is at least the fourth product to deprecate its LayerZero cross-chain tech following the Kelp DAO attack.

Crypto exchange Kraken is the latest firm to shift away from LayerZero tech following last month's $292 million Kelp DAO exploit.

The decision sees a total of over $3 billion in total value locked migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.

Chainlink Runtime Environment enables Myriad to deploy a new range of prediction markets with immediate settlement.

The Bermuda-based asset manager launched a tokenized liquidity fund using Chainlink and Sygnum infrastructure, with JPMorgan providing daily NAV data for pricing.

The world’s largest post-trade infrastructure provider will integrate Chainlink technology into its tokenized collateral platform ahead of a Q4 2026 launch.

DTCC teams with Chainlink to enable round-the-clock collateral movement—a shift that could reshape post-trade finance.

The platform tokenizes collateral on blockchain rails and uses smart contracts to enable 24/7 automated collateral management across financial markets.

Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups.

It cited security as the core reason for the migration, in an apparent response to the recent exploit of LayerZero-powered Kelp DAO.

Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO's lead after it blamed LayerZero for a hack.

The combined migrations by Solv and Kelp shift nearly $1 billion in assets to Chainlink's CCIP, reflecting an industry "flight to quality."

Bryan Pellegrino, co-founder and CEO of LayerZero, disputes Kelp DAO’s accusations and said a postmortem by external security firms will be published soon.

The protocol shift comes as a $71 million court fight continues to unfold.

Many onlookers blame LayerZero's default infrastructure setup because the cross-chain bridge that was attacked used a 1-of-1 configuration.

The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero's "OFT" standard to Chainlink's "CCIP."