Nethermind leaves LayerZero verifier role for Chainlink
Nethermind has ended its LayerZero verifier role and moved its cross-chain operations to Chainlink after reviewing the two infrastructure providers. Summary Nethermind has stopped operating...
Tag : LayerZero
LayerZero and Keeta bring tokenized bank deposits to major chains
LayerZero and Keeta have partnered to make tokenized commercial bank deposits transferable across Ethereum, Solana, Base and the Keeta Network. Summary Keeta stablecoins will represent...
Chainlink News: Kraken Just Ditched LayerZero for Chainlink CCIP, And LINK Holders Are the Big Winners
In the latest Chainlink news, Kraken has officially replaced LayerZero with Chainlink CCIP as the exclusive cross-chain infrastructure layer for its wrapped asset suite, including...
Lombard joins Chainlink CCIP as LayerZero exodus tops $4b
Lombard has joined a wave of protocols switching to Chainlink CCIP as LayerZero migrations top $4 billion. Summary Lombard, Kraken and several DeFi protocols have...
Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets
In brief Lombard Finance is the latest firm to move its assets off LayerZero technology in favor of Chainlink. The firm conducted an internal review...
Kraken joins LayerZero exodus as it switches to Chainlink CCIP
Crypto exchange Kraken announced Thursday that it had changed its cross-chain provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, joining a number of protocols that...
Kraken ditches LayerZero for Chainlink CCIP
Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Summary Kraken chose Chainlink CCIP for...
Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands
In brief Kraken will migrate its wrapped Bitcoin product, kBTC, from LayerZero to Chainlink’s interoperability protocol. The asset maintains a market cap of more than...
Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink
In brief Solv Protocol is migrating more than $700 million in tokenized Bitcoin infrastructure from LayerZero to Chainlink CCIP. The move follows the $292 million...
Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink
In brief Kelp says LayerZero approved the setup tied to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its cross-chain system after...