CryptoBearishBankless · May 146/10
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Kraken Abandons LayerZero Bridge, Switches to Chainlink
Kraken has migrated kBTC from LayerZero's cross-chain bridge to Chainlink's Cross-Chain Interoperability Protocol (CCIP), reflecting growing concerns about LayerZero's security model and trust assumptions. This move signals continued institutional skepticism toward LayerZero's validation architecture amid a broader shift toward alternative interoperability solutions.
$LINK