Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands

This partnership could accelerate institutional adoption of blockchain, bridging traditional finance with crypto through regulated, tokenized assets. The post Kraken and Franklin Templeton partner to bring tokenized investment products onchain appeared first on Crypto Briefing.

Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Kraken posted the announcement on X on May 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will become its exclusive bridge infrastructure…

Blockchain security firm Blockaid flagged an active smart contract exploit draining $132,700 from ShapeShift’s FOX Colony on Arbitrum. Blockaid flagged the incident on X on May 13, identifying the attacker wallet at 0xeed236Afb6967f74099a0a6bf078BC6b865fbf28. FOX Colony is ShapeShift’s community governance and…

Kraken is deprecating its existing cross-chain infrastructure and moving exclusively to Chainlink CCIP to secure Kraken Wrapped Bitcoin (kBTC) and all future wrapped assets.

kBTC joins a growing list of crypto assets that have abandoned LayerZero in favor of alternative interop solutions.

Lido's Network Expansion Committee chose Chainlink CCIP to bridge its staking token across chains, citing security lessons from $3 billion in cross-chain bridge exploits.

Expanding on the security principles behind the cross-chain strategy for wstETH, and why Chainlink CCIP was selected as the official cross-chain infrastructure for wstETH.

Will Warren is transitioning out of his co-CEO role at 0x, the DEX protocol powering billions in monthly trading volume across Coinbase, Robinhood, Phantom, and Kraken.