LayerZero’s Troubles Persist as Lombard Shifts $1B to Chainlink

Coinbase Wrapped BTC expands to Tempo through Chainlink CCIP, bringing cbBTC access with ISO 27001 and SOC 2 security backing. Coinbase Wrapped BTC has expanded to Tempo through Chainlink CCIP, giving the payments-focused Layer 1 access to cbBTC. The move brings Bitcoin-backed liquidity to Tempo, while using Chainlink’s cross-chain security model for asset transfers. Coinbase […] The post Coinbase Wrapped BTC Expands To Tempo With Chainlink Security Backing appeared first on Live Bitcoin News.

US spot Chainlink ETFs hold $123M with zero outflows since launch as the reserve crosses 3.65M LINK. Is a 10x move to $100 LINK on the table? The money went in. None came back out. US spot Chainlink ETFs are holding $123M in total assets. Not a single dollar has exited since launch, according to […] The post Zero Outflows. $123M Locked. The Chainlink ETF Story Nobody Is Talking About appeared first on Live Bitcoin News.

Lombard migrates over $1B in Bitcoin-backed assets to Chainlink CCIP after reviewing cross chain security. The post Lombard migrates over $1 billion in Bitcoin backed assets to Chainlink CCIP appeared first on Crypto Briefing.

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

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…

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.