Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Solv Protocol migrates $700 million worth of bitcoin to Chainlink CCIP

Solv Protocol migrates $700 million worth of bitcoin to Chainlink CCIP

AiCoinAiCoin2026/05/07 15:03
Show original
Solv Protocol has migrated Bitcoin tokens worth $700 million from the LayerZero bridge to Chainlink's CCIP due to security audits and recent cross-chain attacks. Kelp DAO also took similar action after its LayerZero bridge suffered a $292 million attack. LayerZero and Kelp have blamed each other for the bridge's single validator setup. The total migration by Solv and Kelp amounts to nearly $1 billion in assets moved to Chainlink CCIP.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Japan Central Bank inflation indicators accelerate, providing grounds for further interest rate hikes

An indicator used by the Bank of Japan to measure underlying inflation accelerated last month, significantly exceeding its target level, providing further justification for continuing to raise the benchmark interest rate.

智通财经•2026/09/25 06:51
Japan Central Bank inflation indicators accelerate, providing grounds for further interest rate hikes