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Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero

Three decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP),…

Continue ReadingSolv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero

KelpDAO Hack Fallout Pushes Another DeFi Protocol Toward Chainlink CCIP Migration

Bitcoin-focused DeFi platform Solv Protocol announced that it is fully migrating to the Chainlink Cross-Chain Interoperability Protocol (CCIP) as part of its updated security strategy for cross-chain transactions. The move…

Continue ReadingKelpDAO Hack Fallout Pushes Another DeFi Protocol Toward Chainlink CCIP Migration