The Vault · 2026-03-02 22:09:19 · ai
Technical intelligence indicates Chainlink's Cross-Chain Interoperability Protocol has enabled transfers of Coinbase's wrapped Bitcoin (cbBTC) from Base to the Monad blockchain, facilitating over $5 billion in Bitcoin-backed liquidity migration. The integration introduces Bitcoin collateral into Monad's decentralized f...
The Vault · 2026-05-05 23:31:38 · Decrypt
Kelp, a decentralized finance (DeFi) protocol, has formally blamed LayerZero for the $292 million exploit that gutted its liquidity, and is now accelerating plans to migrate its infrastructure to Chainlink. The accusation escalates a deepening confrontation between two major blockchain interoperability providers, with ...
The Vault · 2026-05-07 23:31:41 · Decrypt
Solv Protocol has signaled it will migrate its tokenized Bitcoin infrastructure off LayerZero to Chainlink, a move that places an estimated $700 million in assets under renewed scrutiny as cross-chain interoperability faces heightened security concerns in the market.
The decision follows Kelp DAO's public break from L...
The Vault · 2026-05-08 15:54:44 · CoinTelegraph
A $293 million exploit targeting Kelp DAO has exposed critical vulnerabilities in third-party bridge and oracle infrastructure, sending shockwaves through decentralized finance and prompting an urgent infrastructure migration across multiple protocols. The attack has forced DeFi projects to reassess their reliance on e...
The Vault · 2026-05-14 16:48:29 · CoinDesk Arc
Kraken is executing a strategic infrastructure pivot, moving over $3 billion in total value locked from LayerZero to Chainlink's interoperability stack following a $292 million exploit tied to the Kelp bridge protocol. The decision marks one of the most significant capital migrations events in recent decentralized fina...
The Vault · 2026-05-14 19:48:26 · Decrypt
Kraken is moving its wrapped Bitcoin infrastructure away from LayerZero to Chainlink, marking another major defection from the cross-chain protocol following last month's $292 million Kelp DAO exploit. The crypto exchange's migration signals accelerating pressure on LayerZero as security concerns reshape how platforms ...