Solv Protocol Moves $700M Tokenized Bitcoin to Chainlink
Solv Protocol is migrating its $700 million tokenized Bitcoin infrastructure from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP). This significant shift is driven by heightened security concerns, following an incident where Kelp DAO attributed a hack to LayerZero. The move underscores a growing emphasis on robust cross-chain security solutions within the tokenized Bitcoin ecosystem.
Detected & updated continuously · Source: Ruma
LayerZero (zro)
Chainlink (link)
Kelp DAO (kelp)
@SolvProtocolSources
@TheBlockCo
Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin https://t.co/VunXvARVSF
@coin68
Solv Protocol rời LayerZero, chuyển hơn 700 triệu USD BTC token hóa sang Chainlink CCIP để tăng cường bảo mật sau sự cố Kelp DAO. Chi tiết: https://t.co/J50I2YKchO https://t.co/q9h1jPbShx
@HashNewsHK
Solv Protocol 将 7 亿美元代币化比特币从 LayerZero 迁移至 Chainlink，效仿 Kelp DAO 此前因黑客攻击归咎于 LayerZero 的做法。 这不是孤立事件。跨链消息传递协议的安全信任正在被重新评估。LayerZero 作为通用消息层，此前被多个头部协议采用，但连续的安全事件（包括 Kelp
@AntHive_project
Solv Protocol ditching LayerZero for Chainlink is the loudest security vote the tokenized Bitcoin space has ever seen. ⚡ $700 MILLION in tokenized BTC infrastructure — migrating after Kelp DAO directly blamed LayerZero for a hack 📌 This isn't a tech preference. It's a public
@DecryptMedia
Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO's lead after it blamed LayerZero for a hack. https://t.co/mjLMQuuRL9
@DecryptMedia
Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink https://t.co/O0Brc5xAtj