Kraken Migrates from LayerZero Bridge to Chainlink CCIP for kBTC
Cryptocurrency exchange Kraken is transitioning its interoperability infrastructure from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) for its wrapped Bitcoin product, kBTC. This move follows a broader trend of asset issuers abandoning LayerZero after the KelpDAO exploit and highlights growing confidence in Chainlink’s security framework.
Topics: blockchain interoperability crypto exchange infrastructure security migration